Ionixx Blogs

Simplifying AML Onboarding for Crypto Platforms

Reading Time: 3 minutes For crypto platforms, a robust AML and KYC onboarding process is the first line of defense against cybercriminals—but it’s also the first touchpoint of customer interaction.  With the cryptocurrency markets’ threat landscape continuously evolving (losses to crypto investment scams in the US totaled $3.94 billion in 2023) and penalties for Read more…

How Outdated Legacy Technology Costs FinTech Firms Millions

Reading Time: 3 minutes A recent Broadridge survey highlights that 70% of financial firms see legacy technology as a significant barrier to digital transformation. Traditional brokerages, still tied to outdated on-premise systems, face obstacles to growth, scalability, and responsiveness to customer demands. This technical debt not only leads to high maintenance costs but also Read more…

Regulatory Challenges in Implementing DLT Trading Platforms

Reading Time: 3 minutes Distributed Ledger Technology (DLT) is set to revolutionize the financial sector by offering unprecedented levels of transparency, security, and efficiency. However, as with any disruptive technology, its implementation in trading platforms is fraught with regulatory challenges. Ensuring these platforms comply with existing regulations while fostering innovation is a delicate balancing Read more…

The Hidden Costs of Inefficiency in Middle and Back-office Systems

Reading Time: 4 minutes Most companies believe their systems are efficient due to operational blindness and complacency with the status quo. In reality, inconsistent data, manual reconciliation, and delayed processing times lead to costly errors and regulatory penalties. For example if your existing post-trade system is built on .NET architecture, it is likely prone Read more…

Fully-Paid Securities Lending (FPSL) as a Growth Lever for Brokerages

Reading Time: 3 minutes Imagine transforming every idle asset in your portfolio into a revenue stream. Fully-Paid Securities Lending (FPSL) enables investors to lend their fully-owned stocks, creating an additional income source. For brokerage firms, FPSL offers a way to capitalize on dormant assets, substantially increasing earnings through lending fees while also enhancing client engagement Read more…