Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

DTCC and Euroclear form collateral processing joint venture

The Depository Trust & Clearing Corporation (DTCC) and Euroclear today announced the creation of a joint venture that will leverage both companies’ expertise, technology and franchises, focusing on collateral processing.

30 September 2014

Company update/Depositories

LSE's globeSettle slected by CME Clearing Europe as collateral location

London Stock Exchange Group’s new central securities depository (CSD), globeSettle, has been selected by CME Clearing Europe as an additional securities collateral location for their members.

29 September 2014

Company update/Depositories

Majority of AsiaPac firms not prepared for European move to T+2 - Omgeo

A comprehensive study published by Celent and commissioned by Omgeo, the global standard for post-trade efficiency, revealed that 58% of firms in Asia Pacific are not prepared for a shorter settlement cycle in Europe which will change from trade date plus three days (“T+3”) to trade date plus two days (“T+2”) in October.

29 September 2014

Company update/Depositories

The Bank of Russia Recognizes NSD and NCC as Systemically Important

The Central Bank of the Russian Federation has recognized National Settlement Depository (NSD), Russia’s central securities depository, and National Clearing Centre (NCC) as systemically important infrastructure for Russia’s financial market.

29 September 2014