Broadridge has launched a new solution to support investment firms with their MiFID II ex-post reporting obligations outlined under Article 50 of the Delegated Regulation. This latest solution is part of a suite of MiFID II services developed by Broadridge’s FundAssist business - a regulatory and distribution solutions provider to the global investments industry. Broadridge’s solution will aggregate and process investor and product data, calculate the personalized cost information and produce the end investor statements. The straight through process will help enable investment...

Intercontinental Exchange, Inc. announced that ICE Data Services will offer an on-demand tick data and analytics service, utilizing OneMarketData’s OneTick platform. This service will be provided over the ICE Consolidated Feed, which delivers aggregated real-time data and content from over 600 global sources. ICE Data Services will be the exclusive third party distributor for this hosted service. OneMarketData has built OneTick, a platform for real-time and historical tick data, and an analytics library for quant research, market surveillance, transaction cost analysis (TCA), trading...

Goldman Sachs has named its new senior executive team as David Solomon prepares to become chief executive at the end of the month. John Waldron, who currently heads up the investment banking division at Goldman Sachs, will take over Solomon’s former role as chief operating officer and president as of October 1. He has been with the company since 2000, and has held various senior positions including global head of investment banking services and client coverage and global co-head of financial sponsors group. Marty Chavez will also step down as chief financial officer as part of the...

Broadridge Financial Solutions has announced that Tim Gokey, currently Broadridge’s president and chief operating officer, will take on the mantle of CEO, effective January 2 when Rich Daly, the current CEO, becomes executive chairman of its board according to a story in Waters Technology. Gokey joined Broadridge in 2010 and was named chief operating officer in 2012. He became president in August 2017. Prior to joining the company, he was president of the retail tax business at H&R Block. He also held positions at McKinsey and Company including leading the financial services...

Nasdaq announced that it has made a $190 million all cash recommended public offer to the shareholders and warrant holders of Cinnober, a major Swedish financial technology provider to brokers, exchanges and clearinghouses worldwide. The Board of Directors of Cinnober has unanimously recommended that shareholders and warrant holders accept the offer. The acceptance period of the public tender offer is expected to close during the fourth quarter of 2018.  

Manual Events Subgroup - The deep dive session with the SROs raised questions/concerns over certain scenerios which we discussed in greater detail as a group last Wednesday FIF OMS/EMS Vendor Subgroup - Reviewed OMS/EMS linkage deep dive materials to be used in a discussion with the SROs on 9/17 FIF CAT Tech Spec Review Working Group -  Reviewed up to section 6.1 of V0.6 of the Industry Member Technical Specification and the Issue Resolution Document published by the CAT NMS Plan Operating Committee on Wednesday, September 5th. 

Web Interface/API Subgroup - Reviewed the draft deep dive materials and recommendations from the subgroup members in preparation for a deep dive discussion with the SROs this Thursday Manual Events Subgroup - Held a meeting with the SROs as a follow up to an initial Deep Dive Discussion to discuss remaining issues FIF CAT Working Group - Updated the full working group on the work of the subgroups. Solicitation of feedback on the issued FDID Guidance (FAQs 19-26) and the OATS FAQs to CAT Mapping. Review of comments distributed to the CAT Leadership Team on the August 1st Industry...

J.P. Morgan Chase hired a senior executive from Google amid an effort seeking to create the next generation of artificial intelligence-powered services. The bank hired Apoorv Saxena, Google's head of product management for cloud-based artificial intelligence, according to story on CNBC. Saxena joined the firm on Aug. 31 as head of artificial intelligence and machine-learning services, and head of asset and wealth management artificial intelligence technology. He will be based in Palo Alto, California.

BNP Paribas Asset Management announced the appointment of Peter Abbott as Head of European Large Cap Equities.  He will be based in London and will report to Guy Davies, CIO, Fundamental Active Equities. Peter will assume responsibility for the management of the European Large Cap Equities team from Andrew King, who is leaving BNPP AM to pursue external opportunities.