Latest news with #MatthewHarrison
Yahoo
30-07-2025
- Business
- Yahoo
EquiLend acquires Trading Apps to boost securities finance automation
Financial technology company EquiLend has acquired front-office technology provider Trading Apps in a move to expand its role in securities finance automation. The acquisition is part of EquiLend's strategy to enhance front-office to post-trade operations by integrating more automated solutions. Trading Apps has developed trading tools such as the Lender and Borrower Apps, which automate workflows and help manage short positions, negotiate rates, and optimise returns. The financial terms of the acquisition have not been disclosed. Trading Apps CEO Matthew Harrison said: "By becoming part of EquiLend, we're bringing together complementary strengths and setting the stage for what the next generation of securities finance technology will look like." Trading Apps' messaging service will be integrated as a resilience solution for EquiLend's Next Generation Trading (NGT) platform, but will operate independently to maintain redundancy and stability. This move aligns with EquiLend's aim to provide flexible tools either independently or in conjunction with existing services. EquiLend CEO Rich Grossi said: "This acquisition enhances our ability to deliver even greater value to our clients by accelerating automation across the EquiLend platform. "The Trading Apps team has built high-quality tools that help firms move faster and operate more efficiently. Integrating these capabilities into the EquiLend platform will provide our clients with a broader set of solutions to fit their securities finance needs.' EquiLend operates globally with offices in North America, Europe, the Middle East, and Africa, and Asia-Pacific, providing trading, post-trade, data analytics, regulatory technology, and platform solutions. The acquisition is expected to enhance EquiLend's ability to serve the securities finance industry by improving trade flow efficiency and reducing manual processes. In March 2025, EquiLend received a minority investment from an affiliate of Bank of New York Mellon (BNY). BNY will also join the initial users of EquiLend's 1Source platform, which is designed to offer a unified source of truth for securities finance transactions. 1Source aims to improve transparency and reduce inefficiencies using smart contracts and distributed ledger technology. "EquiLend acquires Trading Apps to boost securities finance automation" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Cision Canada
29-07-2025
- Business
- Cision Canada
EquiLend Acquires Trading Apps to Advance Front-Office Automation
Trading Apps' tools and trade messaging service strengthen EquiLend's automation across the full trade lifecycle NEW YORK, /CNW/ -- EquiLend has expanded its capabilities as a global leader in securities finance with the acquisition of Trading Apps, a front-office technology provider known for its automation tools and modular trading solutions used by many of the world's leading securities finance desks. The acquisition aligns with EquiLend's broader strategy to streamline the entire securities finance ecosystem – from front-office through post-trade – by embedding automation and flexibility at every stage. By integrating Trading Apps' solutions, EquiLend expands its capabilities and offers clients tools that can be used independently or integrated with existing services. Trading Apps offers a suite of innovative tools that enhance trading efficiency and automation across the securities finance ecosystem. Among its flagship offerings, the Lender and Borrower Apps are designed to automate front-office workflows, maximize execution speed, and accelerate trade flows. These tools help with identifying short positions, negotiating rates, and optimizing returns, while reducing manual workload, increasing trade volume capacity, and providing traders more control over lending and borrowing decisions. Trading Apps' trade messaging service, is also part of the acquisition and will serve as the resiliency solution for EquiLend's NGT platform. The service will continue to operate independently, with no shared infrastructure or dependencies - a deliberate design choice to ensure redundancy and operational stability. "This acquisition enhances our ability to deliver even greater value to our clients by accelerating automation across the EquiLend platform," said Rich Grossi, CEO of EquiLend. "The Trading Apps team has built high-quality tools that help firms move faster and operate more efficiently. Integrating these capabilities into the EquiLend platform will provide our clients with a broader set of solutions to fit their securities finance needs. We are excited to work with Matthew Harrison and the Trading Apps team to build on their strong foundation and drive the next wave of securities finance innovation together." "This marks an exciting evolution for our team," said Matthew Harrison, CEO of Trading Apps. "By becoming part of EquiLend, we're bringing together complementary strengths and setting the stage for what the next generation of securities finance technology will look like." "The acquisition of Trading Apps significantly advances our strategy to deliver a unified, front-to-back platform for the securities finance industry," said Nick Delikaris, Chief Product Officer at EquiLend. "By combining EquiLend's scale with Trading Apps' strengths in workflow automation, we're providing our clients a more intelligent, connected, and agile infrastructure solution." About EquiLend EquiLend is a global financial technology firm offering Trading, Post-Trade, Data & Analytics, RegTech and Platform Solutions for the securities finance industry. With offices in North America, EMEA and Asia-Pacific, EquiLend operates across various jurisdictions worldwide, adhering to the highest regulatory standards. The company is committed to excellence and innovation and is consistently recognized for its contributions to the industry. EquiLend is Great Place to Work Certified ™ in the U.S., UK, Ireland and India and has been awarded Global Data Provider of the Year and Regulatory Solution of the Year in the Securities Finance Times Industry Excellence Awards 2025.


Daily Mirror
24-07-2025
- Lifestyle
- Daily Mirror
Expert reveals best way to keep bird baths clean and maintained all year round
Bird baths are more than just an ornamental addition to your garden; they serve as a crucial resource for local wildlife, which is why its important to keep them clean and maintained Birds require water not only for drinking but also for bathing, which aids in keeping their feathers clean and in optimal condition for insulation and flight. A well-kept bird bath can transform into a lively centre of activity, offering endless hours of bird-watching as various species visit your garden. Plus, they can act as a perfect centrepiece in any outdoor space. Models like this Junious Iron Bird Bat h can add a rustic and timeless effect to your garden or patio while helping the local wildlife. That said, a bird bath that isn't cleaned regularly and maintained properly can swiftly become a health risk. Stagnant water, accumulated debris, and the growth of algae and bacteria can pose serious threats to birds. Knowing how to keep your bird bath clean is vital for the well-being of your avian visitors and the overall attractiveness of your garden. Cleaning expert Matthew Harrison from has chimed in with his top suggestions for keeping your bird bath clean and maintained, ensuring it remains a safe and welcoming spot throughout the year. If you've been debating buying a bird bath for your garden or fancy upgrading your existing one, Wayfair has a range of options available. This Junious Iron Bird Bath from ClassicLiving (£27.99) is a traditionally designed bird bath in an authentic and rustic iron material. Built at the ideal height for birds to enjoy either as a feeding, drinking, or bathing station, this simplistic bird bath is easily added to elevate any garden, patio, decking, or even balcony. Plus, it will naturally weather over time to create a timeless and almost vintage aesthetic. Wayfair also has this Haygazn Plastic/Acrylic Birdbath (£36.99), which bestows a similar design as the iron option but is made from plastic that is set to withstand the elements without deteriorating over time. Set to turn your garden or courtyard into an elegant and charming space that invites birds to play or drink, this beautiful and durable birdbath is made of quality PP material covered with a resin coating. This means that this bird bath resists rain, water, and other weather and will not dent, break, or fracture. For more options, Amazon has plenty of alternatives, including this VIVOHOME Birdbath that's constructed from a similar resin-coated plastic and retails for £41.99. For something a bit more upmarket, Debenhams has this Primrose Glazed Ceramic Pedestal Outdoor Garden Bird Bath for £67.99. Why do you need to clean your bird bath regularly? Bird baths full of warm, still water are the perfect breeding ground for algae and other organic matter. This results in a slippery green layer (biofilm) on the bird bath's surface, which not only looks unpleasant but can also harbour harmful bacteria. Stagnant water is also the ideal breeding site for mosquitoes. These insects can carry and transmit diseases that can affect both birds and humans. On top of that, the bird bath fills with bird droppings, decaying leaves, and other debris that fall into the water, which can introduce bacteria. Usual suspects include Salmonella and which can cause severe illnesses in birds, leading to symptoms like lethargy, ruffled feathers, and even death. What's more, a shared, contaminated water source can rapidly spread diseases among bird populations. How do you clean your bird bath? It's a relatively simple and easy process that can be done weekly or bi-weekly to ensure algae and bacteria build-up doesn't occur. Start by tipping out all of the old water. Rinse out the bird bath with fresh water, then use a stiff-bristled brush to vigorously scrub all surfaces of the bird bath, paying close attention to the bottom and sides where algae and biofilm will tend to accumulate. You might not need a cleaning agent for every routine scrub, but a bit of elbow grease will go a long way. Give it another rinse and then fill with clean water. Diluted bleach, white wine vinegar, and other cleaning agents can be used for more serious cleaning successions, recommended once a month. During these, you can leave the bath to soak, ensuring all of the bacteria is stripped from the bath. A clean and well-kept bird bath is a straightforward way to help your local bird populations and boost the attractiveness and biodiversity of your garden.

Epoch Times
10-06-2025
- Business
- Epoch Times
Australian Navy Ship Accidentally Knocks out NZ Internet, Radio Services
A friendly visit from Australia's largest navy vessel, HMAS Canberra, accidentally knocked out a range of internet and radio services in New Zealand. Matthew Harrison, the founder and owner of New Zealand internet service provider (ISP) Primo, said the incident occurred on June 4 and was unlike anything he had ever seen.


Scoop
09-06-2025
- Business
- Scoop
Australian warship takes rural fixed wireless broadband offline
Australian warship disrupts wireless networks, Spark warns cloud adoption is stalling, Chorus updates its outage map, and 2degrees teams with Datacom. Plus: Freeview adds HD, and telcos react to proposed right-to-repair laws. Primo spots FWB outage as HMAS Canberra passes Taranaki Primo managing director Matthew Harrison says a visiting Australian warship took a number of his company's fixed wireless broadband access points offline as it passed down the Taranaki coast. In a LinkedIn post Harrison writes: 'This morning, an Australian warship took out many 5GHz wireless networks across parts of New Zealand. From around 2am, we started seeing our 5GHz APs drop off the Primo network – DFS hits firing off all down the coastal area of Taranaki as the ship's radar swept the area.' DFS or Dynamic Frequency Selection is a way 5GHz WiFi devices can increase their performance by using unlicensed frequencies. Military radar systems use the same frequencies and, as Harrison reveals, this can override civilian applications. Primo is a broadband provider servicing the Taranaki region. It operates fixed wireless broadband networks and has some fibre. 'We've never seen anything like it here before' Harrison says other wireless ISPs were affected. He says Inspire Net Limited in the Manawatū and TPNet NZ in Nelson also reported outages. He says this wasn't a mere blip: 'It was full-scale, military-grade radar triggering built-in safety protocols designed to protect airspace… and it rolled across our network in sync with the ship's movement.' The incident underlines the need for New Zealand Radio Spectrum Management to speed up the release of frequencies in the 6 GHz band. Spark says cloud adoption stalling thanks to security, skills concerns New Zealand cloud adoption may be surging ahead, but Spark warns businesses' ability to make best use of the technology often fails to keep up. Spark's State of Cloud 2025 report surveyed 400 IT decision makers. It found many organisations are not investing in the governance oversight and technical skills needed to make the most of cloud technology. The report found the majority (70 percent) of New Zealand businesses believe cloud is 'critical to their future strategy and growth'. Yet only a third (34 percent) have well-established processes and infrastructure in place. Spark makes a credible sales pitch for cloud services: 'Businesses that fail to prioritise cloud as part of their core strategy may struggle to keep pace with competitors who are already leveraging cloud for scalability, agility, cost optimisation, and are therefore more able to respond quickly to market demands and emerging trends.' It goes on to say that cloud is essential for AI and other emerging technologies. However, two thirds (67 percent) of those surveyed say their cloud infrastructure could be better leveraged. One in ten say their current cloud setup is inefficient and hinders business goals. Mark Beder, Spark's enterprise and government customer director, says there's a danger that organisations treat cloud as an IT issue. He says: 'New Zealand businesses risk being unable to scale innovation and realise ROI from advanced technologies. It's time to bring cloud into the boardroom and recognise it as the next competitive edge for businesses.' Chorus upgrades outage map Chorus says its Internet Outage map is now smarter and clearer after a series of upgrades. Dan Kelly, the company's general manager of access, says its an important tool to update customers: 'On the rare occasion there is an outage, we also know how important it is to customers to know we're aware of the fault and are working to fix it. Ensuring everyone can rely on their internet connections is our top priority.' The improvements include a clearer and more precise view of outage areas so customers can immediately see if they are affected. Customers can now dig deeper for more detailed outage information. This includes live status updates, an explanation of the issue and details on what's being done to fix it. There are also estimates of the time and date services will be restored. In normal times, maps get around 1000 views a day. Kelly says this rises fast when there is a major disruption. 'During Cyclone Gabrielle, the outage map saw a sharp increase in usage, with 43,583 views in just one week.' You can see the map for yourself at: 2degrees, Datacom pair to chase enterprise accounts Datacom managing director Justin Gray and 2degrees chief business officer Andrew Fairgray. A 'preferred supplier' partnership between 2degrees and Datacom will see the two companies formalise an arrangement previously used to offer enterprise and government customers a one-stop shop. Together they can offer an entire technology suite covering IT, networking, cloud, cybersecurity and mobile. For Datacom, the deal means being able to offer customers a more complete range of services. The company's managing director Justin Gray says mobile, a 2degrees speciality, is now a key part of contract discussions. Gray goes on to say the partnership opens the door to new opportunities: 'It's simple, but smart, and I am confident it will help us both win business… A preferred mobile and IT services partnership between Datacom and 2degrees represents the coming together of two organisations that share a mutual goal'. Freeview adds high-definition TV for satellite users Freeview says it now offers high-definition television on its satellite service. The company says this is possible because it has upgraded its satellite TV technology to DVB-S2, a second generation broadcast standard with more bandwidth. Broadcasters have to update their transmission systems to make use of HD. Freeview GM Leon Mead says TVNZ was the first to upgrade to HD. At the time of writing TVNZ 2 and Duke offer HD nationwide while TVNZ 1 offers HD in Northland and Auckland. Elsewhere it offers improved picture quality. In other news… Spark in line for $47m windfall from Hutchison takeover The NZ Herald's Chris Keall writes about a transaction in Australia which could reap Spark a much needed cash injection. However the story goes on to say Spark may be able to do better if it doesn't take the offer currently on the table. At Reseller News, Rob O'Neill dives deep into responses to the Green Party's right-to-repair legislation. While the idea is well-intentioned, it could have far-reaching effects and cause more problems than it solves. IDC has cut its forecast for worldwide phone shipment growth from 2.3 percent earlier this year to 0.6 percent, which is effectively a flat market. It puts the blame on economic headwinds and notes the continued uncertainty from the US over tariffs is not helping. The Download Weekly is supported by Chorus New Zealand. Australian warship takes rural fixed wireless broadband offline was first posted at