financial technology Archives - The Industry Spread

Report Finds Technology Will Enhance Finance Jobs

May 11, 2020

only “4% of Gen Xers and 7% of millennials told us that technology innovation has limited their career opportunities.”Meanwhile the report found that 80%, “of capital markets professionals believe technology has provided them new career opportunities.”

SEC Names Sean Memon as Chief of Staff

June 28, 2019

The Securities and Exchange Commission today announced that Sean Memon will become the agency’s Chief of Staff. Mr. Memon has served as the SEC’s Deputy Chief of Staff since May 2017.  In that capacity, Mr. Memon has served as a senior advisor to Chairman Clayton on legal, policy and management matters affecting all aspects of the agency’s mission, including rulemaking, enforcement, examinations and internal agency operations. 

FINRA Forms Office of Financial Innovation, Announces Haimera Workie as Head

April 28, 2019

FINRA today announced the formation of an Office of Financial Innovation that will serve as a central point of coordination for issues related to significant financial innovations by FINRA member firms, particularly new uses of financial technology (fintech). The move will further enhance FINRA’s ability to identify, understand and foster financial innovation in the markets in a manner that strengthens investor protection and market integrity.

Virtu and MarketAxess Plan to Join Forces on ETFs and Fixed Income

April 6, 2019

The effort, which is expected to launch in the third quarter, is still subject to the parties entering into a binding definitive agreement. Virtu Financial has partnered with MarketAxess Holdings to provide institutions with enhanced trading tools and access to global exchange-traded funds (ETFs) and fixed income securities.

MSCI Appoints Interim Chief Financial Officer

March 11, 2019

NEW YORK–(BUSINESS WIRE)–MSCI Inc. (NYSE: MSCI) (the “Company”), a leading provider of indexes and portfolio construction and risk management tools and services for global investors, announced today that Andrew C. Wiechmann, who has been serving as the Company’s Head of Strategy, Corporate Development and Investor Relations, has been appointed Interim Chief Financial Officer and Treasurer, effective March 5, 2019. In connection with this appointment, Mr. Wiechmann is also now a member of the Company’s Executive Committee. Kathleen A. Winters has resigned from her roles as Chief Financial Officer and Treasurer of MSCI to become the Chief Financial Officer of a large global company. Her last day at the Company will be March 15, 2019. 

Crypto Industry in Singapore Gets Boost With New Partnerships

November 30, 2018

HydraX, a financial technology company headquartered in Singapore, has partnered with fiat-to-crypto exchange Coinhako and signed a memorandum of understanding (MOU) with XSQ, one of Singapore’s largest cryptocurrency advisory and blockchain development companies.