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Latest Results from /markets

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Covid-19: Goldman CTO says remote tech working 'flawlessly'

The Covid-19 crisis could spur innovative uses of technology, such as VR trading desks, in the financial services sector, according to Goldman Sachs CTO Atte Lahtiranta, who says the Wall Street giant has adapted smoothly to the lockdown.

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SIX and Nasdaq establish microwave data company

The Swiss Stock Exchange is to establish a jointly-owned company with Nasdaq with the aim of building the largest microwave data transmission network in Europe.

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LSE sustainable business head: ESG is the highest priority for large investors

David Harris, group head of sustainable business of the London Stock Exchange, spoke to Finextra TV about how he works to integrate sustainable finance across the capabilities of the group by considering the flow of data from issuers through to investors and the capabilities needed to support both and ultimately, the entire market.

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VTB Bank and Rostelcom create Big Data joint venture company

Russia's VTB Bank and Rostelcom have invested $12.6 million to create a joint venture which will focus on development and monetisation of products based on Big Data processing, including artificial intelligence and machine learning technologies.

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VoxSmart banks £5.5 million in growth capital from NatWest

NatWest has invested £5.5 million in VoxSmart, a provider of surveillance software for tapping client conversations.

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ASX rips up go-live timetable for Chess replacement system

The Australian Securities Exchange is to delay the implementation of its long-awaited Chess replacement system due to the uncertainty created by the unfolding Covid-19 pandemic.

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Covid-19 channel and real-time news alerts for banks and fintechs

With the impact of Covid-19 affecting all aspects of the financial services industry, Finextra has added a Covid-19 channel to gather in one convenient location all related news from banks and fintechs.

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Covid-19 will reset fintech market valuations; spur M&A

The Covid-19 outbreak may just provide the pin that bursts the fintech bubble, according to a report by Rosenblatt Securities, which forecasts a devaluation of Unicorn businesses and tough times ahead for challenger banks, marketplace lenders and robo-advisory services.

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Covid-19: MiFID II call recording rules relaxed

With Covid-19 forcing huge numbers of people to work from home, European authorities are relaxing MiFID II rules on the recording of telephone conversations.

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Bank of England cancels 2020 stress tests

The Bank of England is to cancel the 2020 stress test for the eight major UK banks and building societies, under a package of measures to relive the regulatory burden on firms as they face up to the challenge of maintaining operational resilience during the Coronavirus outbreak.

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FundsDLT wins commercial backing

Clearstream, Credit Suisse Asset Management, the Luxembourg Stock Exchange, and Natixis Investment Managers are to give financial backing to FundsDLT, a blockchain-based technology platform for the investment fund industry.

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Covid-19 claims Tabb Group

Capital markets research and consulting firm Tabb Group is to close down, citing the impact of Covid-19 on its conference business.