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BlackRock and Proxymity agree UK proxy voting deal

BlackRock, the world’s largest asset manager, has agreed a deal with digital investor communications platform Proxymity, that will enable retail investors in the UK to participate in proxy battles.

Migrating market data to the cloud

Market data is the lifeblood of financial institutions (FIs) with banks, brokers, wealth managers, asset managers and hedge funds relying on quality pricing and trade-related data to power their business applications. But today customers expect to access to data on their personal devices and FIs are stepping up their digital transformation game.

Eastern Bank sets up innovation laboratory

Boston-based Eastern Bank has partnered with former members of PerkStreet Financial to create a new innovation laboratory that will use the bank’s data assets to rapidly prototype and launch new technologies for use within the bank and onsale to other financial institutions.