US Corporate Bond Trading Technology Update: The End of the Beginning is a new report from Celent, authored by Brad Bailey, a research director with its Capital Markets practice.

Unprecedented M&A (mergers and acquisitions) levels are driving technological advancement of the alternative fund administration, according to Ken McCarney, chief executive officer, MUFG Fund Services.

Southampton, UK-based  iMeta Technologies Ltd, a provider of Client Onboarding and Entity Data Management technology for financial institutions, says that industry veteran Mark Bands has been appointed to the role of head of product strategy and regulatory intelligence.

Poland's clearing house KDPW_CCP and the Warsaw Stock Exchange (GPW) have opened access to the Risk Management Access (RMA) application for all entities clearing transactions on the exchange. 

Liquidnet, the global institutional trading network, says it has launched its Next Gen Algo suite. 

Fund administrator SS&C Technologies Holdings says it is buying Citigroup's Alternative Investor Services business, which includes Hedge Fund Services and Private Equity Fund Services, for around $425 million (the exact price is subject to certain adjustments).

The Financial Conduct Authority has awarded Instinet Europe Limited (Instinet) Payment Institution status. 

Markit, a financial information services provider Markit, has agreed to acquire CoreOne Technologies, a provider of regulatory reporting, index management, data management and prime brokerage services to financial institutions.

FIS, a provider of banking and payments technology solutions and a global leader in consulting and outsourcing solutions, has agreed to buy SunGard, a name which needs no introduction in this context. 

SS&C Technologies Holdings, a global provider of financial services software and software-enabled services, reports continued growth for SS&C HiPortfolio and Anova among both new and existing customers globally since its acquisition of DST Global Solutions in December 2014. 

Objectway, a provider of software and services to the EMEA investment management industry, says it has signed an agreement to acquire BETA Global, a European wealth and investment transaction processing system, from Thomson Reuters.

FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, says it has formed six new sub-groups focused on MiFID II regulation for the industry to collaborate on the most critical issues in this time of regulatory change. 

Markit, a provider of financial information services, says it has launched its Request for Amendment (RFA) service, available through Counterparty Manager and kyc.com.

Eagle Investment Systems, a BNY Mellon company and leading provider of financial services technology, reports that RPMI Railpen, a UK pension provider, has deployed Eagle’s enterprise data management solution. 

SimCorp, a provider of investment management solutions and services, has released SimCorp Dimension version 5.8. The release introduces, inter alia, the new IBOR Manager.

Markit has launched its FX (foreign exchange) trade confirmation service. It says the service matches FX option trade terms to generate legally binding trade confirmations which are recorded centrally, allowing counterparties to manage trade lifecycle events more efficiently. 

The international project focused on improving standards for retail real-time payments has published a first draft of ISO 20022 messages to be used by the global payments industry.

A US subsidiary of Fiera Capital Corporation (Fiera Capital) has been retained by SEI, a global provider of investment processing, investment management, and investment operations solutions, to act as a sub-adviser for the newly created international equity collective investment trust (CIT) implemented through SEI Trust Company subsidiary.

The banks involved in the Neptune Collaboration are now sending pre-trade indications to their clients across the Neptune pilot production network. 

Bank of America Merrill Lynch will be a participant on the GMEX Exchange when it launches on Friday.