Aim is to minimize leakage via routing and segmentation strategies.
CEO Christian Hauff to remain on board and executive committee.
Innovation and regulation have redefined financial technology.
The bank will be responsible for MiFID II post-trade transparency reporting for clients.
Challenges include illiquidity and fragmentation across borders.
Non-compliance expected to have a noticeable impact on the FX markets.
The new platform will replace approximately 350 legacy applications.
The new offering eventually will aggregate SI feeds via a single API.
Buy-side crossing networks gain traction.