Another Cantonal Bank in Switzerland has chosen MACD. Zuger Kantonalbank will use the MACD Trading System for global securities trading. The go-live is planned for the summer of 2019. For the first time, MACD is developing an interface to the Finnova banking system and is offering also a new service connecting external asset managers.
George Macdonald, CEO MACD: "I am delighted that Zuger Kantonalbank has chosen MACD and that we will implement the new connection to the Finnova banking system in cooperation with Swisscom. I hope that because of this new interface further Finnova banks and external asset managers will enrich our network."
The established private bank Maerki Baumann, headquartered in Zurich, has chosen MACD as its new service provider. The bank receives a connection to InCore Bank Ltd, which acts as a broker and is already a MACD client. The go-live is expected to take place in the third quarter of 2019.
George Macdonald, CEO MACD: "I am very pleased that with Maerki Baumann & Co another well-known Swiss private bank is relying on MACD. We will implement the interface via InCore Bank together with the banking service provider SOBACO."
MACD welcomes Allfunds as a new broker in the MACD network. The connection will be be implemented approximately in the second quarter of 2019 so that all interested MACD customers can be easily connected to Allfunds.
Allfunds is one of the world’s largest institutional fund distribution and wealthtech networks – a global market place where financial institutions across more than 45 countries can access a broad fund universe. Allfunds services include integrated distribution, trading and custody solutions, fund information, digital tools and qualitative fund research. The 100 percent subsidiary Allfunds International Schweiz Ltd was founded in Zurich in 2013 to provide comprehensive solutions to clients based in Switzerland.
In December 2019, BX Swiss announced in a media release that Commerzbank is now the first issuer to be able to trade structured products in the deriBX segment. It is now possible for all MACD clients connected to BX Swiss to trade structured products on this exchange.
Too many platforms and unstructured data - everyone knows the problem of losing themselves in the flood of data. The new MACD tool AIXRAY helps to organise financial data and market commentary.
The beta test with various customers (private bank, cantonal bank, universal bank, information provider, stock exchange and system integrator) will start soon. Join in and determine with your feedback the further development and adaptation of the tool to your needs!
Our annual networking event will take place at the HWZ - University of Applied Sciences Zurich on 13th of June 2019 in the afternoon. The invitation and agenda will follow soon. You can already sign up via e-mail to: email@example.com.
We look forward to seeing you!
To improve communication between the MACD sites, we have introduced new VoIP Internet telephony.
We welcome Thomas Pütz as a new colleague in our IT administration team!
25 years @ MACD: George Macdonald takes a break of 25 days and is travelling by train through Vietnam and Singapore.