{"preview_thumbnail":"/tpicap/sites/g/files/escbpb106/files/styles/video_embed_wysiwyg_preview/public/video_thumbnails/xzZY8wSZtWs.jpg?itok=9LYCxE5R","video_url":"https://youtu.be/xzZY8wSZtWs","settings":{"responsive":1,"width":"854","height":"480","autoplay":1},"settings_summary":["Embedded Video (Responsive, autoplaying)."]}

Numeracy: the issue
Nearly 80% of the UK adult population have numeracy levels below the equivalent of a GCSE ‘C’ grade, and 49% are at a level expected of children at primary school. The National Numeracy 2017 YouGov poll revealed a quarter of people (25%) said they do not feel confident with maths.

This can make people more vulnerable to unemployment, debt and fraud. It also means the UK risks becoming less competitive internationally and costs the country billions each year.

Addressing the issue
The issue is not just about people's competence with numeracy, it is about their confidence and attitude to the subject too.

But this can be overcome, and the first ever Number Confidence Week aims to help people take the first step towards feeling good about numbers, so that they are better placed to build their number skills, which in turn will help to help millions get on in the workplace, manage money or help children with their schoolwork.
 
Why is TP ICAP the founding partner?
According to our report, The Confidence Gap: Women and Number Confidence, 78% of young British women would not consider a career in financial services, with nearly half saying that a lack of confidence with numbers is a reason for this. 

As an industry, addressing this would help improve gender diversity, as well as broader social mobility.  

This is just one reason why TP ICAP is a founding partner of Number Confidence Week. We want to support our strategic charity partner National Numeracy to empower people from all backgrounds to build their numeracy skills, to help them get on in life, and pursue employment opportunities in financial services.  

And we’re not alone - joining us in our efforts are Olympic champion Dame Jessica Ennis-Hill and school maths teacher and TV personality Bobby Seagull.

Activities TP ICAP will support as part of the week include:

•    TP ICAP and National Numeracy publishing a short report: The Confidence Gap: Women and Number Confidence. The report examines the extent of the number confidence gap in the UK and how this might affect women’s career prospects, as well as suggesting ways businesses can help close the gap.

•    Releasing an inspiring social media video series featuring real life stories from women working in financial services, including TP ICAP.

•    Hosting a webinar for young women aged 16-19 to hear from inspirational women working in the financial services sector about how they overcame barriers, including number confidence, to build successful careers in the sector.

•    Encouraging people to join the 300,000 others who have already started improving their numeracy with the free online tool, the National Numeracy Challenge. 
 
Find out more here

Now in its 14th year, the FN100 power list is compiled by the Financial News editorial team. Based on individuals’ achievements over the last 12 months, the list highlights the females helping to shape the European financial sector. Joanna was specifically recognised for the role she has played in designing, developing and implementing our Group’s transformation and growth strategy of electronification, diversification and aggregation, which gained widespread approval from analysts when it was announced earlier this year.  

To read the full article click here

Proposed Acquisition of Liquidnet

The transaction accelerates the delivery of the three pillars of TP ICAP’s strategy – aggregation, electronification and diversification. It represents a transformational opportunity for TP ICAP to diversify its business mix, accelerate the upward shift of its revenue growth profile and improve underlying operating margin.

TP ICAP Group CEO Nicolas Breteau explains the strategic rationale of the transaction.

Transaction Microsite

To access documents relating to the transaction please, visit the dedicated transaction microsite here.

We are delighted to share with you news of an award for our General Counsel, Philip Price. Philip has been named by Legal Business as General Counsel of the Year and has been listed amongst his peers in the Legal Business GC Powerlist 2020 under Leadership and Development.

The Legal Business General Counsel of the Year is the premier award among legal professionals globally, and is the award every GC wants to win. Philip was described in the write-up as the ‘standout choice for this year’s award’. 

This latest achievement tops a successful year for Philip and his team. The award highlights not only Philip’s expertise and leadership, but also an efficient and effective legal function.

Congratulations, Philip!

IDB of Year
To be awarded 'Interdealer Broker of the Year' is a fantastic achievement and a fitting reward for the Group’s strong performance this year. Our strategy of electronification, aggregation and diversification resonated with the GlobalCapital editorial panel who were impressed with our plans to complement our traditional broking business with additional revenues "but without losing sight of the importance of brokers to their model". GlobalCapital recognised that our ambition to expand our offering and move up the value chain in Data & Analytics is underpinned by our leading global broking division. 

The judges commented that TP ICAP is a "very sharp and savvy" organisation which utilises its market share effectively with a unique culture and first rate people. The manner in which we adapted to Covid-19 and remote working was also commended.  

Data & Analytics Vendor of the Year 
A raft of new product launches by the Data & Analytics team helped drive growth at double the rate of the rest of the industry in 2019 and led to GlobalCapital awarding it 'Vendor of the Year'.

The editorial panel was impressed by the volume and variety of our product offering, noting that Data & Analytics had 'outperformed the market, rolling out a broader suite of products in 2019'. Last year the division grew revenues by 11%, more than double 5.4% seen by the wider industry. That momentum has continued into 2020 with first-half revenues climbing 9% as the new products gained traction. Data & Analytics aims to be as a trusted adviser to clients, not just a facilitator of transactions. Listening and responding to client feedback, the team can create platforms tailored to individual client’s needs, thus providing the highest level of satisfaction and security to customers.

More awards
Elsewhere, Tullett Prebon was named FX Derivatives Broker of the Year for the second year in a row and Credit Derivatives Broker of the Year, while ICAP won the Interest Rate Broker of the Year award. 

The GlobalCapital Global Derivatives Awards recognise excellence in the IDB sector. To win five awards, including two at Group level, shows the strength of our offering and the quality of our people. 

Full Breakdown of awards: 

•    Interdealer Broker of the Year- TP ICAP
•    Data & Analytics Vendor of the Year- TP ICAP
•    FX Derivatives Broker of the Year- Tullett Prebon
•    Interest Rate Interdealer Broker of the Year- ICAP
•    Credit Derivatives Interdealer Broker of the Year- Tullett Prebon