UK - SolutionForge, the UK-based provider of financial Straight-Through Processing (STP) solutions has been appointed by Skandia UK to implement its FIX.NET Server 2002 FIX engine.
The move allows automated trade processing between Skandia’s back office and UK clients via the Electronic Message Exchange (EMX) fund trading network. The link will go live next year.
Skandia hopes to migrate most of its daily trade volume onto EMX, as well as extending the process across Europe.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers