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Dignari Capital Gives $50M To Sheng Ye Capital For SCF Innovation

PYMNTS

Dignari Capital has agreed to provide $50 million to Sheng Ye (SY) Capital in a strategic collaboration to explore new supply chain finance options for small- to medium-sized businesses (SMBs), according to a press release. Tung Chi Fung , chairman of SY Capital, said there are already plans in the works.

Capital 237
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WSFS taps blockchain firm Intain to automate capital markets transactions

Bank Innovation

WSFS Bank is working with Intain, a blockchain firm based in Chennai, India, to help automate capital markets transactions. The Wilmington, Del.-based based bank, a subsidiary of WSFS Financial, said it’s using Intain’s blockchain-based tool to facilitate trustee reporting for asset-backed securities transactions.

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Regtech in Capital markets & Investing

Bank Innovation

Market risks, volatility, and uncertainties, are the stressors for traders and those allocating capital and managing risk. This is the nature of the business, the markets, whether currencies, stocks, bonds etc. This will… Read more Regtech in Capital markets & Investing.

Capital 236
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SEC’s Jackson: Tech can solve problems in capital markets, eventually

Bank Innovation

Securities & Exchange Commission commissioner Robert Jackson, technology can help solve lingering problems in the capital markets, such as high fees that are a result of low competition. “I I think a lot of the issues that plague our capital markets today can be solved and will be solved by technology,” he said […].

Capital 186
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How RBC Capital Markets revamped its data management efforts

Bank Innovation

RBC Capital Markets has looked externally to help it consolidate data in one place, analyze it and better equip employees. Starting in 2013, RBC Capital Markets began collecting all the data it could that was relevant to its clients, including e-commerce data, trades and portfolios.

Capital 150
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Compliance resource drain holding back capital markets innovation

Bobsguide

Firms “completely consumed” by solving regulatory projects are holding back proper back office innovation in capital markets, according to Alastair Rutherford senior advisor for Nomura Research Institute. Speaking at an industry event in London this week, he argued that when companies.

Resources 101
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Capital markets IT transformation: why now?

Bobsguide

In recent weeks, capital markets have been thrown into turmoil by the coronavirus outbreak, turmoil that will likely continue to impact capital markets for the foreseeable future. We are entering a critical period for banks, as they need innovative solutions to control enhanced risk associated with.

Capital 109