Major banks partner with AccessFinTech for standardised settlement platform
The launch of the platform marks the latest success for AccessFintech, which originated from JP Morgan’s FinTech incubator and went live just six months ago.
The launch of the platform marks the latest success for AccessFintech, which originated from JP Morgan’s FinTech incubator and went live just six months ago.
Citi has deployed Rapid Addition’s Hub and FIX engine to bolster pricing technology for clients in London, Tokyo, New York and Singapore.
Matthew Cousens joins Citi as EMEA head of platform sales after spending just over a year with Barclays in a similar senior role.
Citi has leveraged the ISDA SIMM model to launch a new regulatory margin calculation service for buy-side firms that come into scope from 2020 and 2021.
Trumid has won investment from Citi via its Spread Products Investment Technologies (SPRINT) program.
Citi's former global head of securities services sales left the bank last month to focus on his new investment firm ALK Capital.
CME Group’s EBS platform has expanded available NDFs with launch of African currency pairs following increased client demand.
Alex Knight spent 18 years with Citi, most recently heading up global sales and client coverage of the bank’s FX prime brokerage.
BlackRock, Goldman Sachs, Allianz, JP Morgan and Vanguard are among those raising concerns about CCPs, urging regulators to take action.
Citi’s client cleared swaps margin stood at over $28 billion in the second quarter of the year, representing 27% of the total amount of margin posted for the US swaps market.