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630 Results from /wholesale, 2019

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Mapfre picks the brains of neurologists for 'behavioural' fund

Mapfre AM, the asset management arm of the giant Spanish/LatAm insurer, Mapfre Group, is launching a fund that aims to exploit pricing inefficiencies in European equities caused by the behaviour of market participants.

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UOB applies AI to transactional data to speed up loan approvals for SMEs

United Overseas Bank is to run small business trading data from companies transacting over B2B e-commerce platform OctoRocket through an AI-based credit assessment tool to speed up the loan approval process.

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Swift gpi hits 50% tipping point on two-year anniversary

Swift's global payments innovation (gpi) initiative has reached a critical tipping point, accounting for over 50% of messaging traffic across the interbank network.

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Fidelity invests in blockchain data startup Coin Metrics

Fidelity Investments is rounding out its digital assets strategy, participating in a $1.9 million funding round for crypto asset market and network data vendor Coin Metrics.

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State Street puts Maiuri in charge of global technology

State Street has promoted thirty-year industry veteran Lou Maiuri as chief operating officer with overarching responsibility for technology, operations, product and innovation across the group.

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London Stock Exchange leads $20 million round in cap markets blockchain startup

The London Stock Exchange has led a $20 million seed round in blockchain startup Nivaura.

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Julius Baer to enter crypto assets market

Julius Baer is to offer clients digital asset investment opportunities through a collaboration with Swiss startup Seba Crypto.

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Emirates NBD overhauls wholesale banking operations

Emirates NBD has selected technology from Intellect Design Arena to overhaul its transaction banking business as part of an AED1 billion commitment to digitise operations, products and services for corporate clients and retail customers.

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EBA harmonises outsourcing rules

The European Banking Authority (EBA) has revised its guidelines on outsourcing in an effort to help financial institutions apply a single framework for all their banking, investment and payment activities and services.

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ASX offloads 18.6% stake in Iress

The Australian Securities Exchange (ASX) is selling its 18.6% stake in trading technology vendor Iress for approximately A$385 million.

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Nomura takes stake in robotic trading venture

Nomura is investing in an AI-led high frequency trading venture set up by hedge fund manager Brevan Howard.

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Commerzbank, Continental and Siemens test blockchain tech on money market

Commerzbank has teamed up with Continental and Siemens to carry out a EUR100,000 test commercial paper transaction using blockchain technology.