StoneX Selects Genesis Low-Code Application Platform To Digitize Their Middle Office Workflows Date
11/02/2021
Genesis, the global financial markets software firm, has been selected by StoneX (formerly known as INTL FCStone), to fully automate and digitise middle office workflows for its equities and fixed income trading business.
StoneX is an institutional-grade financial services network that connects companies, organizations, traders and investors to the global markets ecosystem through a unique blend of digital platforms, end-to-end clearing and execution services, high-touch service and deep financial markets expertise.
As the industry faces a number of cost and regulatory pressures that have resulted in market consolidation over the years, the drive to achieve operational efficiency and business growth is paramount. Genesis has empowered StoneX to achieve operational alpha with a robust and agile middle office application from the Genesis Application Library that meet
Date
21/01/2021
Genesis, the global financial markets software firm, today launched FX Prime, a trade capture application developed for FX & rates trading desks with Prime Broker integration. The application has been developed in partnership with XP Investments, United States based subsidiary of the Brazilian broker-dealer XP Investimentos, the largest broker-dealer in Brazil.
XP Investments selected Genesis as their low-code application provider and the collaboration has empowered the firm to successfully automate legacy manual workflows, optimise and digitise operational processes and also to develop and deploy new products and services.
XP Investments has further expanded its strategic partnership with Genesis to deliver FX Prime, built on the Genesis Low-Code Application Platform, an enterprise-wide platform that enables firms to create applications 80% faster than the speed of traditional software development. The application supports FX Option trade capture for both si
WatersTechnology.com
A summary of some of the past week s financial technology news.
Jyske Capital Extends SimCorp Partnership
Investment management provider SimCorp announced a new agreement with Jyske Capital, the asset management arm of Denmark’s Jyske Bank Group. The firm is extending its use of SimCorp Dimension in the front office, with the addition of its order management solution.
With SimCorp Dimension already in place as the foundation for Jyske Capital’s investment operations, the addition of SimCorp’s Order Manager aims to deliver consolidated and enhanced trade management.
Former JP Morgan Private Bank Leadership Launches Wealth Management Platform