Day: August 1, 2018

Barclays, JP Morgan and NEX target voice trading with $14 million investment

01.08.2018

Barclays has led a new $14 million investment round in financial communications provider Cloud9 Technologies, alongside JP Morgan and NEX Group. The funds will be used for global development and the roll out of Cloud9’s software as a service (SaaS) voice communications platform, which offers cloud-based technology replacement to traditional trading turrets. JP Morgan has […]

Read More

SS&C to buy Eze Software for $1.45 billion

01.08.2018

SS&C Technologies has agreed to buy investment management software solutions Eze Software provider for $1.45 billion in another major acquisition for the technology giant. The purchase continues the trend of back- and middle-office service providers enhancing their front-office capabilities, following the news that State Street will buy Charles River Development for $2.6 billion. The deal […]

Read More

Blockchain tech provider Cobalt launches post-trade FX service with BT

01.08.2018

London-based FinTech and blockchain technology provider Cobalt has gone live with its back- and middle-office service for institutions trading foreign exchange (FX) via the BT Radianz Cloud. The collaboration means firms can now use the distributed-ledger technology offered by Cobalt as a means of reducing post-trade costs and risk with a shared view of trade […]

Read More