The traditional way banks calculated interest rates if it would borrow from other banks is about to end. And it is time financial services firms prepare for it.
Secfi, a platform helping employees manage their equity stakes, has raised $550m from Serengeti Asset Management.
Securities issuance and trading platform iSTOX has bagged a $5m investments, just months after closing its former round.
Hong Kong’s Securities and Futures Commission has granted mobile and online trading platform TigerWit a financial services licence.
While quantum computing is still deemed to be many years away, investment bank Goldman Sachs is already trying to find out how the tech can be used in finance.
Indian business-to-business manufacturing marketplace Zetwerk to boost international trade with its new capital injection.
Stock-trading unicorn Robinhood has revealed that over ten million people have accounts on the platform.
An important rule around how large banks measure counter-party credit risk for derivatives contracts has changed.
Capital markets technology developer Capitolis has reportedly raised $40m in funding from Spark Capital and SVB Capital.
Portfolio solution developer Broadridge Financial Solutions has acquired ClearStructure, a developer of management solutions for investors.