TECHNOLOGY

TECHNOLOGY

CHASE COMPLETES CONSOLIDATION WITH CHEMICAL BANK

NEW YORK--As proof of just how difficult it is to merge the technologies of two leading securities firms, it took Chase nearly two years to consolidate its technologies with those of Chemical Bank. In the end, many of the trading technologies originally used by Chemical figured big in Chase's plans.

Chase finalized its physical consolidation and global technology standards this year, beginning in March, when the firm moved 450 derivatives, bond

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

Once a blockchain cheerleader, Axoni changes its playbook

The fintech, whose origins can be traced back to the genesis of capital markets’ complicated flirtation with DLT, has largely ditched the tech as the foundation of its data synchronization offering, opting for more familiar territory.

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