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Byline: Shane Kite Any lingering doubts that banks and fintech startups can get along should be put to rest going into 2016. There is the recent announcement that JPMorgan Chase [...]

Byline: Shane Kite Banks are working to refine the stress-testing processes that regulators began requiring in the wake of the financial crisis, with a goal of making the expense pay [...]

Byline: Shane Kite Problem: How to provide convenient services when branches are hours apart? Solution: Deploy mobile banking including remote deposit capture. When Town & Country Bank was approached early [...]

Byline: Shane Kite Leila Shanoff's mandate a year ago when she was hired at Heartland Financial USA was to help the company make quicker small business loan decisions, so it [...]

Byline: Shane Kite Waterbury, Conn.-based Webster Bank seeks to grow while reducing operating expense by doing more electronic and mobile banking, but operating fewer branches. The $20.1 billion in assets [...]

Byline: Shane Kite As U.S. Bancorp upgrades its mobile banking offerings, it is also stepping up its use of mobile data business intelligence to target sales and personalize customer service. [...]

Byline: Shane Kite Bank: US Bank, Minneapolis Size: $308 billion Key Player: Lisa O'Brien, svp and director of environmental affairs Love of Laptops: The bank's replacing nearly a fifth of [...]

Byline: Shane Kite SecureKey gives banks a marketable shot at keeping payment revenue from customers who both use cards and say, PayPal-ACH: 'There are a limited number of sites that [...]

The asset managerBlackRock Inc. is updating its technology platform and derivatives operations in anticipation of a newly transparent credit derivatives market. The New York fixed-income specialist is tweaking the analytics [...]

NYSE Euronext subsidiary Liffe plans to get a head start on its derivatives exchange competitors by offering centralized clearing of European credit default swaps (CDS) indexes by the end of [...]

BGC Partners is demonstrating its post-merger strategy with a series of initiatives as it works to integrate the offerings of predecessors BGC, a primarily voice-based interdealer broker, and electronic-focused eSpeed. [...]

The ten broker-dealers who, along with Thomson Reuters, own the Tradeweb fixed-income platform have agreed to use its straight-through processing (STP) service for all U.S. cash fixed-income securities, including those [...]

Institutional bond-trading platform operator MarketAxess said last week that private equity firm Technology Crossover Ventures (TCV) has agreed to purchase a 10 percent stake in the New York-based company for [...]

In a move that will give it a sizable share of the lucrative credit default swaps (CDS) market, the IntercontinentalExchange (ICE) has agreed to acquire Creditex Group, an interdealer brokerage [...]

Dealers are escalating their efforts to maintain control over the development of the lucrative over-the-counter derivatives market, say observers, as reflected by a pair of investment bank consortiums that are [...]

Rather than use an existing Depository Trust & Clearing Corp. (DTCC) service, a group of Wall Street's biggest firms is tapping Clearing Corp. (CCorp) to operate a centralized clearinghouse for [...]

The syndicated loan industry is hoping to take a big step toward automation with a set of standardized financial products markup language (FpML) message formats, expected to be issued by [...]

Emergent Trading Solutions wants to automate the execution of listed and over-the-counter options by providing a single hosted pricing interface and model, enabling counterparties to agree upon a price but [...]

Over-the-counter options platforms present a promising opportunity for vendors, say experts, particularly for execution and processing. A scant few providers offer solutions that are aimed directly at the sector, which [...]

Bond trading platform operators, seeking to add revenue streams that are not linked to the volatile fixed-income markets, have been buying technology vendors and service providers. Firms making acquisitions include [...]

Calling it systemically important, the Treasury Department has proposed that the payment and settlement infrastructure of the over-the-counter derivatives markets be placed under the oversight of the Federal Reserve. The [...]

A group of trade associations and major broker-dealers last week submitted a letter to the Federal Reserve Bank of New York and other regulators confirming their commitment to streamlining trading [...]

Seeking to curtail the credit crunch and prevent such events in the future, the President's Working Group on Financial Markets (PWG) has recommended improving the processing of over-the-counter derivatives. In [...]

NYSE Euronext derivatives subsidiary Euronext.liffe announced that it is offering customers of SuperDerivatives, a leading provider of options pricing and benchmarking systems, direct access to the Liffe Connect platform to [...]

NYSE Euronext's new Web-based pricing service will help buy-side firms place market valuations on their complex structured products and illiquid securities, the exchange said last week. The system, Prime Source, [...]

The pending merger of Reuters and Thomson Corp. will bring multiple bond-trading platforms under one roof. How these systems will be integrated and marketed remains to be seen--neither company will [...]

NYSE Euronext is using the Luxembourg Stock Exchange's Sage platform to process corporate bonds listings and corporate actions in Europe, the companies announced last week. The Luxembourg exchange uses the [...]

The Italy-based MTS group of fixed-income platforms--long dominant in the interdealer, electronic trading of European government bonds--is facing growing competition as multiple countries are opening up trading to competitors. Belgian [...]

Text messaging, or texting, may be spreading like wildfire, but many securities firms have long banned its use for business-related purposes--this despite the fact that regulators have only recently said [...]

Concerns about pricing and payment failures in the multi-trillion-dollar credit derivatives sector have led the Securities and Exchange Commission and Treasury Department to consider having exchanges post quotes and trades [...]

As the carbon transaction initiatives pile up--the latest comes from Euroclear, which plans to settle trades on the yet-to-launch Climate Spot Exchange (CSX)--fragmentation is emerging as an obstacle to development [...]

Signaling the completion of a series of technology upgrades, product enhancements and staffing increases, Knight Capital Group has given its ValuBond retail fixed-income trading platform a new look. Atlanta-based ValuBond, [...]

A flurry of announcements in the electronic bond trading sector late last year may provide signposts for the sector's direction in 2008, a year that could see further acquisitions as [...]

The unveiling of the Green Exchange last week--one of a slew of recent emissions trading initiatives by some of the world's biggest exchanges and financial institutions--is the latest sign that [...]

Icaps plan to launch an exchange for emissions, energy and transport products, revealed in its half-year earnings report, does not encompass its core bond offerings, according to the London-based interdealer [...]

New York-based interdealer brokerage GFI Group is attributing its record third-quarter net income and revenues to volatility caused by the subprime debt crisis, which ramped up trading between the firm's [...]

Institutional bond-trading platform operator MarketAxess Holdings has reported that revenues and corporate bond volumes declined in the third quarter. However, the company saw growth in credit default swaps (CDS) trading. [...]

BondDesk Group has named Peter Crosbie CEO, with predecessor Robert Slaymaker shifting into a more strategic, non-executive chairman role. The move comes after the retail fixed-income platform announced strong third-quarter [...]

Multidealer e-bond trading system LiquidityHub launches today, offering euro interest-rate swaps liquidity from the platform's broker-dealer owners via a format new to institutional fixed-income trading: the request-for-stream (RFS) protocol. The [...]

A $280 million investment in Thomson TradeWeb by nine of the world's biggest banks will create the largest multi-asset-class trading platform for asset managers and hedge funds, said the Thomson [...]

As it upgrades its systems to optimize trade messaging speeds and cut latency, Deutsche Borse is building a 'socket' interface that will enable more-direct connectivity and easier integration with the [...]

With consumer interest in fixed-income investments on the rise, a trend likely to be stoked by the aging of the population, electronic bond trading platforms in the U.S. are scrambling [...]

Focusing on the large number of traders who communicate via AOL Instant Messenger (AIM), AOL last week unveiled FinAIM, a platform that serves the institutional trading marketplace and that will [...]

As instant messaging (IM) becomes more entrenched in the trading environment, vendors are recasting themselves as full-fledged Web-based collaboration providers. With keyword filtering and collaborative workspaces at their fingertips, traders [...]

Demands for computing power and the costs of real estate and energy are peaking at the same time, leading major Wall Street firms to retrofit, redesign or build new data [...]

A key to maximizing alpha--or garnering outsize returns--in the age of high-frequency trading is speed. The increased use of automated trading applications powered by algorithms has fueled demand for ever-faster [...]

'Exploded' is the word Pat Loret de Mola, CEO of Trade Settlement (TSI), a New York-based syndicated loan processing firm, uses to describe the growth of loan trading over the [...]

In the merger plan for Thomson Corp.'s $17.2 billion acquisition of Reuters Group that the companies announced last Tuesday, they said that they will create an $11.3 billion-in-revenue enterprise within [...]