Renaissance Initiative will upgrade risk management, clearing and data systems.
Financial services firms look to tech innovation to help ferret out money laundering.
Norwegian exchange would become Euronext's center of excellence for commodities.
The deal was announced last September.
Velocity is an accelerator and innovation hub for the asset management industry.
Keys are to standardize and automate, IHS Markit notes.
21 EU member states have innovation hubs and five have regulatory sandboxes.
Brokers differentiate by getting back to basics.
Bats/Cboe vet will oversee operations, corporate development, technology and data.