HUMAN FACTORS

HUMAN FACTORS

BANKAMERICA TO LOSE STEIN POST-MERGER

Marty Stein

, vice chairman and director of technology and computer operations for BankAmerica, will be exiting the bank after BankAmerica finishes its merger with Nations bank by the end of the year. He has been in the post since 1990 and has served as chairman of the technology policy committee. Just prior to the Bank America post, Stein was executive vice president and CIO for PaineWebber. From 1976 to 1985, he worked for Fleet Financial Group. Before his

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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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