- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Axioma, a provider of risk management and portfolio construction solutions to financial institutions, has agreed to acquire the regulatory reporting and risk reporting units of ConceptONE, a global provider of back-office investment services. Terms of the deal were not disclosed.
THIS IS MEMBERS-ONLY CONTENT. To continue reading, choose one of the options below.
News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership limited time offer
Subscribe now for $365
Our lowest price ($1 per day) for one year.
Annual Membership $499
Full price one year membership.
Axioma, a provider of innovative risk management and portfolio construction solutions to financial institution, recently announced the launch of its Japan office and the appointment of Kiichi Takai as senior consultant for their multi-asset class risk division. Takai will be based in Tokyo.
First Horizon Advisors will pay a $325,000 fine to settle allegations from the Securities and Exchange Commission that it violated Regulation Best Interest in part due to issues with incorporating a merged firms’ accounts into its systems.
Federal banking regulators approved a new rule for bank mergers that will require additional scrutiny of mergers for antitrust issues for large and mid-sized banks.
