01 September 2015

Latest post-trade & ops news

SunGard system glitch causes havoc for BNY Mellon and US funds market

SunGard system glitch causes havoc for BNY Mellon and US funds market

27 August 2015  |  7128 views  |  0 comments | 14 tweets | 12 linkedin

BNY Mellon and its fund manager clients are scrambling to assess the damage caused after a third party system run by SunGard and used by the bank to value assets worth billions of dollars broke down.

Buy-side still reliant on manual process for complex derivatives - report

Buy-side still reliant on manual process for complex derivatives - report

26 August 2015  |  2828 views  |  0 comments | 5 tweets | 8 linkedin

Almost half of asset managers are still reliant on costly manual processes to manage complex derivatives creating a dangerous level of operational risk according to a report from buy-side systems vendor SimCorp.

Markit agrees DealHub acquisition

Markit agrees DealHub acquisition

24 August 2015  |  3667 views  |  0 comments | 4 tweets | 2 linkedin

Financial data outfit Markit has agreed to buy DealHub, a provider of trade processing and trading services to the foreign exchange market. Financial terms were not disclosed.

Companies abandoning their LEIs in increasing number

Companies abandoning their LEIs in increasing number

24 August 2015  |  3180 views  |  0 comments

The Legal Entity Identifier (LEI) project, whereby every counterparty in a financial transaction is issued a unique code, is suffering from a lapse rate of 20% according to research from entity data provider Alacra.

Australian fixed income markets to shift to T+2 settlement

Australian fixed income markets to shift to T+2 settlement

19 August 2015  |  3039 views  |  1 comments | 4 tweets | 3 linkedin

The $1 trillion Australian bond and fixed income markets are to move to a T+2 settlement timeframe from early next year, complementing a similar constriction in the post-trade lifecycle in cash equities mandated by the Australian Stock Exchange.

Markit to acquire CoreOne Technologies for $200 million

Markit to acquire CoreOne Technologies for $200 million

12 August 2015  |  4592 views  |  0 comments | 6 tweets | 3 linkedin

Financial data outfit Markit has continued its acquisition spree with a $200 million deal for New York-based CoreOne Technologies.

FIS agrees $9.1 billion SunGard deal

FIS agrees $9.1 billion SunGard deal

12 August 2015  |  11486 views  |  0 comments | 30 tweets | 32 linkedin

FIS has signed a definitive agreement to acquire Sungard for $9.1 billion in a cash and stock deal, creating a fintech powerhouse covering the full spectrum of banking and capital markets services.

CSC moves into on-demand trading space with Fixnetix acquisition

CSC moves into on-demand trading space with Fixnetix acquisition

12 August 2015  |  3356 views  |  0 comments | 5 tweets | 2 linkedin

Computer services group CSC is to make a concerted push into the provision of managed services for capital markets firms with the acquisition of London-based Fixnetix.

Blockchain poised to become banking's biggest disruptor yet - BBVA Compass economists

Blockchain poised to become banking's biggest disruptor yet - BBVA Compass economists

11 August 2015  |  17579 views  |  1 comments | 65 tweets | 32 linkedin

With dozens of the world's biggest banks already investing heavily in the blockchain, it is just a matter of time before the technology creates far-reaching disruption in the financial services industry, says a new report from BBVA Compass economists.

Europe passes rules mandating central clearing for OTC derivatives

Europe passes rules mandating central clearing for OTC derivatives

06 August 2015  |  4562 views  |  0 comments | 5 tweets | 7 linkedin

The European Commission has finally green-lighted new rules that make it mandatory for certain over-the-counter (OTC) interest rate derivative contracts to be cleared through central counterparties.

Deutsche Bank backs blockchain potential

Deutsche Bank backs blockchain potential

31 July 2015  |  10206 views  |  0 comments | 37 tweets | 22 linkedin

Deutsche Bank is the latest major financial institution to laud the potential of the blockchain, confirming that it is exploring the use of distributed ledger technology for everything from securities clearing and settlement to anti-money laundering registries.

Previous 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 Next


Top post-trade & ops topics