NEWS BRIEFS

NEWS BRIEFS

AIM Management Group has hired John Deane as Chief Technology Officer. Deane, 45, comes to AIM with 18 years of information systems management experience with such firms as Morgan Stanley, Salomon Brothers, JP Morgan, and most recently as a partner at Price Waterhouse.

Deane’s hire comes on the heels of Invesco’s merger with AIM earlier this month for an estimated $2.2 billion in cash and stock, creating one of the largest fund management organizations in the world (IMT, March 14).

Robert Graham

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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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