Technology

CLS turns to vendors for cash injection

Vendors that want to stay up-to-date with Continuous Linked Settlement Services (CLS) and use its brand mark to market their related products will have to pay an annual fee of £2,500 ($3,825) from August, said a spokesperson at CLS in London.

CMA develops credit derivatives analysis product

Credit Market Analysis (CMA), a specialist provider of analytics for the credit markets, is marketing a new analytics system called CMA Market Monitor, which will provide investors with spread information on bonds and credit derivatives. The company…

Tullett signs new contract with Kalahari

London-based inter-dealer broker Tullett & Tokyo Liberty has signed a new three-year contract with Kalahari, an analytical and price discovery software company also based in the UK. The decision marks the extension of a 10-year tie-up between the two…

Wells Fargo to use AI to combat op risk

Wells Fargo, the San Francisco-based banking and financial services company, has bought an automated anti-money laundering software solution from IBM and Searchspace, a specialist software vendor, that will use artificial intelligence to monitor every…

Standard Chartered makes investment in Cognotec

Cognotec, a Dublin-based foreign exchange and money market e-trading system provider, said it has secured a $14.5 million investment, two-thirds of which will be provided by FinVentures, the private equity arm of Standard Chartered Bank. The rest will…

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