Broadridge has appointed Frank Troise as President, Global Capital Markets, effective immediately. He will report to Tom Carey, President, Global Technology & Operations, and join Broadridge’s Executive Leadership Team. Troise, who joined Broadridge in 2024 as Head of Trading and Connectivity Solutions, has strengthened the company’s platform capabilities and expanded its front-office offerings in execution management, algorithmic trading, and analytics. Before joining Broadridge, Troise was CEO and Board Member of Pico Quantitative Trading, and previously CEO, President, and Board Member of Investment Technology Group (ITG). He also led J.P. Morgan’s global Execution Services business. Frank Troise “Capital markets are converging around integrated platforms that connect trading, financing, data and post-trade,” said Troise. “By combining our leadership in tokenised real assets with AI-powered front-to-back capabilities, Broadridge is positioned to help clients innovate while maintaining efficiency, transparency and new growth opportunities across traditional and digital markets.” Broadridge supports more than 2,200 buy- and sell-side firms and over 200 trading venues globally, with an average daily trading volume exceeding US$15 trillion. Its distributed ledger-based repo platform, the largest for tokenised real assets, handles over US$7 trillion in monthly volume. The company said it remains focused on helping clients manage operations, reduce risk, and integrate digital and traditional assets, while continuing to develop multi-asset class capabilities that extend trading and post-trade infrastructure into digital markets.     Featured image credit: Edited by Fintech News Switzerland, based on image by ismode via Freepik The post Broadridge Names Frank Troise President of Global Capital Markets appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

Crypto.com announced that it has received conditional approval from the US Office of the Comptroller of the Currency (OCC) for a national trust bank charter, a move that could allow the digital assets firm to operate as a federally regulated custodian. According to Reuters, the approval comes amid a more crypto-friendly regulatory environment in the US, with authorities easing previous restrictions and enforcement actions under the Trump administration. The charter would enable Crypto.com to manage and hold client assets and handle trade settlements within a federally regulated framework, though it would not allow cash deposits or loan services. The company said that once fully approved, it would operate as a national trust bank subject to OCC oversight. Analysts have noted that a national trust bank charter is crucial for crypto-focused firms seeking to attract institutional clients and integrate with the broader financial system. Founded in 2016, Crypto.com lists more than 400 digital tokens on its platform.     Featured image credit: Edited by Fintech News Switzerland, based on image by Mockup_Mania via Freepik The post Crypto.com Gets Conditional Approval for US National Trust Bank Charter appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

Finland-based quantum computing startup IQM has announced plans to become one of Europe’s first publicly listed companies in the sector. The company will merge with special purpose acquisition company (SPAC) Real Asset Acquisition Corp as part of a New York listing, giving IQM an initial equity valuation of US$1.8 billion, CNBC reported. The deal is subject to shareholder approval and regulatory conditions, with completion expected around June, followed by the listing. IQM is also considering a dual listing on the Helsinki stock exchange. Founded in 2018, IQM raised US$320 million in a Series B round in September, valuing the company at US$1 billion. US cybersecurity-focused firm Ten Eleven Ventures led the round, with Finnish venture capital firm Tesi also participating. IQM builds full-stack, open-architecture quantum systems that customers can deploy on-premise or access via the cloud. The merger could provide over US$300 million in funding through private investment in public equity (PIPE) financing and cash held in the SPAC’s trust account, assuming no redemptions. “Whilst progress has been slow and there have been many challenges, we are starting to see meaningful breakthroughs in the quantum space,” UBS analysts wrote in January. Jan Goetz “Quantum computing is a science project no more,” said Jan Goetz, cofounder and CEO at IQM. “It is an industry where customers own, operate and build on advanced quantum computers.” IQM has sold 21 quantum systems to 13 customers and generated at least US$35 million in unaudited revenue in 2025. As some companies aim for commercial deployment by the end of the decade, discussions are under way on integrating quantum computers with the data centre sector.     Featured image credit: Edited by Fintech News Switzerland, based on image by mindandi via Freepik The post Finland’s IQM Set to Become Europe’s First Publicly Listed Quantum Computing Firm appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

Capgemini has announced a strategic partnership with OpenAI to support enterprises in deploying AI at scale using Frontier, OpenAI’s platform for building and managing AI agents across organisations. As a founding member of the OpenAI Frontier Alliance, Capgemini will focus on addressing non-technical barriers to enterprise AI adoption, including data readiness, operating models, governance, and systems integration. The partnership aims to help organisations move beyond experimentation towards consistent, enterprise-wide deployment of AI systems. Capgemini will combine its industry and process expertise with OpenAI’s research and product capabilities, including enterprise AI cloud services, agents, APIs, and ChatGPT Enterprise. The companies said the collaboration is intended to support the development of AI operating models and multi-agent workflows that deliver measurable business outcomes. The partnership comes as organisations shift from pilot projects to long-term AI investment. While AI capabilities have advanced rapidly, many companies continue to face challenges in scaling deployment due to gaps in data quality, organisational readiness, and domain expertise. Brad Lightcap “Our multi-year partnership with Capgemini will help bring AI coworkers to enterprises,” said Brad Lightcap, Chief Operating Officer at OpenAI. “Capgemini’s transformation and global delivery expertise alongside OpenAI’s research and product leadership will help close the gap between what frontier AI can do and what businesses can actually deploy with agents.” Aiman Ezzat, CEO of Capgemini, said the collaboration would strengthen the firm’s enterprise AI capabilities. Aiman Ezzat “By combining our domain expertise and assets with OpenAI’s models and platform, we aim to help clients deploy AI more effectively and at scale.” Capgemini will establish a dedicated enterprise delivery function aligned with OpenAI’s Forward Deployed Engineering team, supporting clients across sectors including financial services, consumer products, life sciences, and energy.       Featured image credit: Edited by Fintech News Switzerland, based on image by topntp28 via Freepik The post Capgemini Partners with OpenAI to Scale Enterprise AI Deployment appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

Quantum technology is entering what some experts call a “second quantum revolution”, a phase marked by fundamental changes and the emergence of real devices built on the laws of quantum mechanics, according to Klaus Ensslin, a longtime physics professor at ETH Zurich and a major figure in Swiss quantum research. In an interview for the university’s blog commemorating the 100th anniversary of quantum mechanics, Ensslin discussed the development of quantum technology, why progress is accelerating now, and what it might mean for society in the near future. He predicts that within a decade, quantum technology will be commonplace. “I think quantum technology will have become the norm in ten years. It will be part of our lives and part of our education,” Ensslin said. “Even if the physics questions are very old, engineering is what caused quantum mechanics to take off. Some call it the second quantum revolution.” While the first revolution involved discovering and understanding the theory in the early 20th century, the second revolution focuses on constructing commercial products and real-world devices including quantum computers, quantum sensors, and quantum communication systems. Ensslin noted that quantum sensors already exist on the market, and that companies offering quantum cryptography solutions are employing hundreds of staff. Quantum computing, however, remains at an initial stage with a handful of prototypes functioning but substantial improvements still required. Quantum computing among the most promising fields Ensslin presented quantum computing as one of the most promising fields within quantum physics, drawing a parallel with the first computer companies and the transformational impact they had on society. “Back then, nobody knew what computers could do and nobody could imagine that each and every one of us would someday have a computer at home. But now we’re all driven by the idea that we’re living in an information society,” Ensslin said. “It’s a common belief that expanding our information society further is good and valuable. Quantum computers are an extremely important part of that, which is why there’s so much euphoria surrounding them.” Google already has a quantum computer capable of performing calculations not possible using conventional methods, Ensslin said, and now, everybody is waiting for it to be able to calculate something that’s important to the world. He cited problems such as calculating the structure and energy level of a complex molecule that’s essential for fertilizer production, a task that could dramatically cut the sector’s carbon footprint. McKinsey estimates that quantum technology, including computing, communication, and sensing, could generate up to US$97 billion in revenue worldwide by 2035. Quantum computing will capture the bulk of that revenue, growing from US$4 billion in revenue in 2024 to as much as US$72 billion in 2035. Global competition ramps up The frenzy around quantum technology is also evident in the surge of public investment. According to McKinsey, 2025 was the year of quantum technology investment for governments worldwide with public financing exceeding US$10 billion between January 2025 and April 2025. Announcements included Japan placing a US$7.4 billion bet on the sector, and Spain committing to invest US$900 million in the space. Announcements of public investments in quantum technology in early 2025, Source: McKinsey, Jun 2025 Ensslin noted that the Swiss government has committed to support quantum science and technology through the Swiss Quantum Initiative (SQI) in 2022, earmarking more than CHF 80 million through 2028, this amount pales compared with other jurisdictions across Asia and North America. China, for example, is investing US$500 million. Ensslin also emphasized the global competition in quantum research, noting that Switzerland, despite being strong in research and being among the first countries to have a national quantum center, risks falling behind if it does not increase investment and strengthen industrial partnerships. “The US is investing enormous amounts in quantum research, with a lot of this coming from industry. […] The EU built up a European quantum cryptography network,” Ensslin said. “As in other Asian countries, quantum technologies are one of the South Korean government’s key objectives, and the country is investing a great deal of money. Switzerland might still be ahead of South Korea, but the country will catch up at some point.” “[Switzerland] should make substantial investments in this field. […] We have a lot of competition now. Virtually all European countries are pursuing active research policies in this field. Even more so in Asian countries.” Challenges ahead Although quantum computing is one of the most promising applications of quantum technology, it also presents significant challenges. Quantum computers use qubits, which are units of information that can represent 0 and 1 at the same time. Currently, university researchers can create between 50 and 100 qubits, while teams at larger companies and startups are working with around 1,000 qubits, Ensslin said. However, many scientists estimate that about 1 million qubits may be needed for truly powerful quantum computers. Furthermore, quantum computing is introducing new risks, threatening to break widely used cryptography methods such as RSA and ECC, which have been used to protect sensitive data for now decades. As the number of connected devices is projected to exceed 40 billion by 2030, according to estimates by Boston Consulting Group (BCG), the potential fallout from broken encryption “could literally break the Internet”, the firm says. Google executives warn that attackers may already be harvesting encrypted data to decrypt later once quantum machines are capable. They call for a transition to post-quantum cryptography (PQC), or new algorithms designed to resist quantum attacks, urging governments and industries to prepare now by upgrading infrastructure, aligning on standards, and securing AI systems. A recent study by Entrust and Ponemon Institute polled more than 4,000 IT practitioners and revealed that only 38% of organizations are actively preparing for the quantum threat. Of these, 44% are developing a PQC strategy. At what stage in preparing for the post-quantum threat is your organization? Source: 2026 Global State of Post-Quantum and Cryptographic Security Trends, Ensure, 2026 Results also show that organizations across Germany, Austria, and Switzerland, also referred to as the DACH region, lead preparedness at 45%, surpassing the US at 40%. This reflects stricter privacy laws in Europe, creating added urgency to attain quantum resistance. Is your organization preparing for the post-quantum threat? Source: 2026 Global State of Post-Quantum and Cryptographic Security Trends, Ensure, 2026   Featured image: Edited by Fintech News Switzerland, based on image by farknot via Freepik The post Quantum Technology Enters New Erea appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.