Industry Welcomes Markit Chat, Says More Participants Needed

lance-uggla-markit

In his keynote speech to attendees, Markit chief executive Lance Uggla dismissed the idea that the current regulatory environment is stifling innovation. Instead, he cited Markit's Collaboration initiative─which includes a "phone book" of validated identity and contact data, dubbed Markit Directory, a federated chat platform that allows instant messaging and communication platforms to interoperate with one another, and fee-liable integration services that will enable firms to embed the messaging

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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