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Tag Archives: Cinnober

Leveling the Clearing Field – Patrick Tessier, Minium Feature,Mwiki,Video,video

Why can’t banks and brokers use the same sort of technology that clearinghouses have access to? Minium, the new client clearing focused subsidiary of Cinnober, is looking to address that very question. In this video from JLN’s annual series with industry leaders, Patrick Tessier, Minium’s chief operating officer, talks about its early growth, bringing better clearing capabilities to the sell side and the decision to go with a cloud solution.   Produced by Mike Forrester Interview by Spencer Doar

SEC charges ICO backers with fraud; Libor alternative; UK gender pay gaps John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Dr. Richard Sandor, chairman and CEO of AFX, will discuss his personal journey of innovation throughout the capital markets during a keynote presentation at Fintech Exchange 2018 in Chicago on April 26.~JJL Speaking of the AFX, they set a volume record in March.~JJL CME Group put out a couple of pieces about Asia recently. In case you missed it, March 22 had The Growing Influence of Asia In Derivatives Trading and on March 29 CME published Asia’s Growing Role in Energy Trading. Sensing a theme yet?~SD According to their 2017 Corporate Citizenship Report,…

New Roots, More Growth – Nils-Robert Persson, Cinnober Feature,Mwiki,Video,video

Last year was notable for Cinnober as the company pivoted from organic growth to outside investment to aid its expansion. The now 20-year-old real-time risk and clearing technology provider raised some $20 million from a directed share offering to fuel the development of Minium – a new Cinnober subsidiary focused on client clearing. In this sixth video from JLN’s annual series with industry leaders, Cinnober Executive Chairman Nils-Robert Persson details the company’s strategy for 2018 and it’s investment activities in 2017, including the acquisition of Ancoa, now rebranded Irisium.  

Volatility fallout in Hawaii; No fear, no greed?; LJM lawsuit Newsletter,Options

Observations & Insight Hawaii Pension Parts Ways With CIO Amy Whyte – Institutional Investor Chief investment officer Vijoy Chattergy is no longer employed with Hawaii’s $16 billion state pension fund, where he had served as CIO since 2012, Institutional Investor has learned. An automatic response from Chattergy’s former email account states that he is no longer with the Employees’ Retirement System of the State of Hawaii. The retirement system’s executive director Thomas Williams did not respond to multiple requests for comment by press time. bit.ly/2FkpIcG ****SD: Not the only head to roll after the volatility spike. This Hawaii CIO move…

Wall Street Readies Debt-Limit War Room; Bitcoin Foundation seeks protection from regulation; Deutsche Boerse Supervisory Board Action John Lothian Newsletter,Newsletter

First Read Hits & Takes Paul Georgy of Allendale is today’s featured speaker from the MarketsWiki Education World of Opportunity series in Chicago from July.~JJL Speaking of opportunity, would you like to be a sponsor of our MarketsWiki Education Intern Recruiting Event? You can find details HERE. There is a unique savings opportunity if you want to be a speaker at the event and have a table to meet prospective interns. MarketsWiki sponsors get a discount on speaker opportunities, so if you become a Friend level sponsor in our special deal for $2500, you can save $500 and add to…

Cinnober’s Persson on What Every CCP Needs in Today’s Clearing Landscape Feature,Video,video

In this video from FIA IDX, Cinnober’s Chairman of the Board, Nils-Robert Persson, takes us through recent developments in clearing and what the next steps ought to be. Persson first highlights a key shift for clearinghouses: the moment they started to clear OTC derivatives. Before that shift, clearinghouses developed their own systems — CME had SPAN, the OCC had TIMS, etc. To Persson, that was all well and good. The systems were tailored for the institutions deploying them. But when it came to OTC derivatives, clearinghouses went shopping for systems from big banks. “That’s a real problem in fact because…

The Solutions To All Your Post-Trade Problems Feature,Video,video

The post-trade clearing space is full of new entrants and innovation from incumbents. Firms are looking at everything from collateral management to new back office systems to finding new efficiencies to real-time reporting with current back office systems. John Lothian News spoke with six professionals at the FIA IDX 2017 conference in London earlier this month about solutions to key challenges in the post-trade space today. We first spoke with them about their key problem. JLN spoke with Clive Furness, managing director, Contango Markets, Collin Platt, co-founder, Dpactum, Jaki Walsh, chief product officer, Sernova, John Avery, director, client & industry…

The Problem With Post-Trade Is… Feature,Video,video

The post-trade clearing space is full of new entrants and innovation from incumbents. Firms are looking at everything from collateral management to new back office systems to finding new efficiencies to real-time reporting with current back office systems. John Lothian News spoke with six professionals at the FIA IDX 2017 conference in London earlier this month about the key problem they see in the post-trade space today. We followed it up with their solutions to that problem. JLN spoke with Clive Furness, managing director, Contango Markets, Collin Platt, co-founder, Dpactum, Jaki Walsh, chief product officer, Sernova, John Avery, director, client…