Depositories

304 articles tagged with this keyword

/Depositories

NRI product upgrade for Basel Committee’s new SA-CCR regulation

Nomura Research Institute, Ltd.(NRI), a leading provider of consulting services and system solutions, today announced that T-STAR/GX, NRI’s solution for asset managers’ securities operation management, will be upgraded to respond to the new standardized approach for measuring counterparty credit risk exposures (SA-CCR) under Basel III which takes effect in January 2017.

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NRI to upgrade SmartBridge platform to connect to Jasdec

Nomura Research Institute, Ltd.(NRI, TOKYO:4307), a leading provider of consulting services and system solutions, has today announced it is upgrading its SmartBridge solution to connect to Japan’s Securities Depository Center, Inc.(JASDEC) new settlement system.

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State Street to pilot GlobalCollateral margin settlement messaging service

DTCC-Euroclear GlobalCollateral Ltd (“GlobalCollateral Ltd”), a joint venture (JV) of Euroclear and The Depository Trust & Clearing Corporation (DTCC), today announced that State Street Corporation has agreed to participate in a pilot program to test the JV’s Margin Settlement Messaging Service.

/Depositories

Finnish market ready for second phase of CSD replacement project

We are replacing our core CSD platform in preparation to joining the European Central Bank’s TARGET2-Securities (T2S) platform.

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LCH signs up for Swift's ISO20022 harmonisation charter

SWIFT announces today that LCH has signed up to the ‘ISO 20022 Harmonisation Charter’, an industry-driven framework that facilitates the rollout of the ISO 20022 messaging standard and provides the technology platform to promote harmonisation.

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Dwpbank selects TAS Group for liquidity management

Deutsche WertpapierService Bank AG, the leading securities settlement service provider for Germany’s financial market, has chosen Aquarius provided by TAS Group as its liquidity management system after a 12 months global selection procedure.

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The Clearing House and Isda analyse CCP resolution

As central counterparties (CCPs) continue to play an increasingly important role in the global financial system, The Clearing House and the International Swaps and Derivatives Association today issued a white paper identifying key issues that regulators should consider as they develop a comprehensive resolution framework for systemically important CCPs.

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LCH Spider portfolio margining service for interest rate derivatives goes live

LCH, the global clearing house, today announced that it has launched LCH Spider, its portfolio margining tool for interest rate derivatives.

/Depositories

ESMA amends MiFID II derivatives standards

The European Securities and Markets Authority (ESMA) has issued today two Opinions proposing amendments to its draft Regulatory Technical Standards (RTSs) under the Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR).

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LCH appoints two new senior executives

LCH, the global clearing house, is pleased to announce two senior executive appointments. Effective 1 May 2016, Daniel Maguire will assume the role of Global Head of Rates & FX Derivatives.

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TPG to incorporate distributed ledger processes with Terraledger

TPG Software Inc. and TerraLedger announced a strategic partnership that will enable the use of distributed ledger blockchain technologies among TPG Software’s existing customers (banks, broker dealers and credit unions).

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Esma announces EU-wide stress tests for CCPs

The European Securities and Markets Authority (ESMA) has announced today the publication of its first EU-wide stress test exercise regarding Central Counterparties (CCPs) on 29 April 2016.

/Depositories

Markit adds Moscow Exchange to FX trading connectivity network

Markit (Nasdaq: MRKT), a leading global provider of financial information services and the Moscow Exchange (MOEX), Russia’s multifunctional exchange platform, today announced that Markit’s FX pricing distribution hub service added MOEX to its network of trading venues, providing FX market participants worldwide cost effective trading access to one of the world’s fastest growing exchanges.

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NSD and Egypt’s CSD sign memorandum of understanding

National Settlement Depository (NSD), Russia’s central securities depository, and Misr for Central Clearing, Depository and Registry (MCDR), Egypt’s central securities depository, have signed a memorandum of understanding at the Moscow Exchange Forum.

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BM&FBovespa agrees deal to buy Brazilian clearing house Cetip

BM&FBOVESPA and Cetip presented the press today with a proposal to merge the operations of the two companies, creating a world-class financial infrastructure company of great systemic importance, ready to compete in a global market that is ever more sophisticated and challenging, while increasing the security, solidity and efficiency of the Brazilian market.

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Firms ramp up spending in preparation for T+2 - SS&C

SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today reported the results of its T+2 Preparedness Survey – evaluating firms’ planning for and attitudes towards the upcoming change to the new settlement cycle – conducted in late March 2016.

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Donner & Reuschel uses Diamos platform

Donner & Reuschel uses the fund administration software Diamos-F and additional modules Diamos InvestmentCompliance and Diamos Reconciliation in conjunction with a model 2 implementation.

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Gmex partners FPT to launch Vietnamese derivatives clearing house

GMEX Group has entered into a joint venture agreement with FPT Information System (FPT) based in Hanoi.

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ABN Amro Clearing to consolidate UK equity clearing with EuroCCP

ABN AMRO Clearing Bank N.V. announced today that it will consolidate the clearing of its UK equity trading with European Central Counterparty N.V. (EuroCCP) as of today.

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US sets 5 September 2017 as T+2 deadline

The U.S. T+2 Industry Steering Committee (T+2 ISC), organized by The Depository Trust & Clearing Corporation (DTCC) and co-chaired by the Securities Industry and Financial Markets Association (SIFMA) and the Investment Company Institute (ICI), announced the industry target date of September 5, 2017, for the U.S. move from a T+3 to a T+2 settlement cycle.