10/29/2021
UBS SuMi Trust WM taps NRI post-trade utility service
By using NRI’s PSS, UBS SuMi TRUST WM benefits from standardized back-office systems and streamlined IT services across the operations of both companies.
FinTech
10/28/2021
Indonesian financial regulator releases blueprint for digital banking
By defining a set of guidelines for digital banks, the OJK is attempting to make online financial services competitive and safer for consumers.
10/28/2021
Korea’s KTCU denies plans to invest in bitcoin ETF
Speculation about its plans comes amid rising investor interest in cryptocurrencies.
10/28/2021
Website Alert – Fraudulent website related to China CITIC Bank International Limited
The HKMA wishes to remind the public that banks will not send SMS or e-mails with embedded hyperlinks which direct them to the banks’ websites to carry out transactions.
10/28/2021
Report on “Artificial Intelligence and Big Data in the Financial Services Industry: A Regional Perspective and Strategies for Talent Development”
HKIMR Applied Research reports are released on topics that are highly relevant to market participants and regulators in Hong Kong, and they aim to provide insights on the long-term development strategy and direction of Hong Kong’s financial services
10/27/2021
White Paper Highlights Growing Need for Streamlined Processes
Global study reveals sell-side firms have potential for transformational levels of efficiency as firms average of 9.1 post-trade processing solutions due to legacy fragmented infrastructure
10/27/2021
Nomura and Komainu launch digital custody service in Japan
Komainu is registered in Guernsey and in April this year raised $25 million in a Series A funding round led by British billionaire Alan Howard.
10/27/2021
Australian Catholic Superannuation and Retirement Fund Adopts SS&C’s New Mobile App
SS&C Bluedoor’s new app gives superannuation members real-time access to their accounts
10/26/2021
Singapore’s Temasek helps raise US$430 million for Bahamas-based crypto firm
The firm owns and operates the FTX.com cryptocurrency exchange which caters to a wide customer base, including retail investors, family offices and institutional investors.
10/26/2021
Westpac tests zero interest credit card
Customers will be able to choose the cycle their repayments fall on, whether it’s twice a month or monthly
10/25/2021
Gordian Capital Chooses SS&C
SS&C’s integrated solution powers operations in Singapore and Japan
10/25/2021
Financial outcomes improved with well-timed ‘digital nudges’
CBA’s behavioural economics team have shown ‘digital nudges’ at key times can help customers save money and repay credit card debt.
10/25/2021
A new digital paradigm for client onboarding
Truth be told about traditional client onboarding: it’s all about slow processes driving poor customer experience.
10/25/2021
Payments to continue to drive finance M&A in Asia-Pacific
Among other deals, PayPal Holdings Inc. agreed to buy Japanese digital lender Paidy Inc., while PayU Payments Pvt. Ltd. added payment solutions provider BillDesk in India
10/25/2021
Itiviti Successfully Integrates NYFIX Matching Post-trade Solution with Broadridge Investment Management Solutions
The new solution will empower Broadridge’s client base with direct access to NYFIX Matching’s automated trade allocation
10/22/2021
Japan: New digitalization and sustainability tax incentives require certified business plans
Companies looking to invest in a more comprehensive DX or, alternatively, invest in certain efforts to promote environmental sustainability, should consider whether taking advantage of the DX and CN incentives may be beneficial for them.
10/22/2021
Deutsche Bank e-FX trading hub in Singapore goes live
In Euromoney’s closely watched annual FX Survey, this year Deutsche Bank jumped to No. 2 in the APAC Overall Market Share category
10/21/2021
Clients confirm the value of investment operations managed services
Operational managed services can “tie everything together; put a nice bow on it,” said one panelist, whether across the spectrum of investment operations or just a piece of it.
10/21/2021
The Hong Kong Monetary Authority’s Fintech Supervisory Sandbox links up with the People’s Bank of China’s Fintech Innovation Regulatory Facility
The “network link-up” aims to provide a “one-stop platform” to allow eligible financial institutions
10/20/2021
SBI SECURITIES Centralises Settlement Operations with Broadridge
To provide attractive investment opportunities to our clients with one of the lowest commission systems in the industry