548 articles tagged with this keyword
News/Financial messaging
Andrew Douglas has quit the Brussels-based banking co-operative Swift to join the Depository Trust and Clearing Corporation, where he will lead the US depository's public affairs efforts in Europe.
14 April 2010
The European Commission is considering setting up a system to track terrorist financing which would require the US to hand over citizen bank transaction data. The move comes as the EC prepares to reopen negotiations with the US on access to EU bank accounts after previous arrangements were torpedoed by the European Parliament.
26 March 2010
FIX Protocol Limited (FPL) has launched an industry standards-based messaging language for algorithmic trading strategies.
25 March 2010
A group of 21 banks, clearing houses and associated payment service providers have launched the International Payments Framework Association (IPFA).
08 March 2010
Liberal party leaders in the European Parliament are threatening to over-turn an interim agreement granting US authorities access to European banking transactions transmitted over the Swift messaging network.
19 January 2010
The Financial Information Services Division (FISD) and Finextra have forged a partnership to deliver a series of video webcasts for market data and risk management professionals worldwide with a focus on real-time data management and delivery, reference data, and standards.
06 January 2010
Connecticut-based fintech vendor SS&C Technologies has acquired Tradeware Global, a broker-neutral provider of systems for electronic access to global equity markets. Financial terms were not disclosed.
04 January 2010
Bank-owned payments network Swift has launched a purpose-built microsite for investment managers in a bid to get more traction with buy-side institutions.
27 November 2009
Swiss-based STP vendor Sterci is to acquire a 25% equity stake in back office software house and Swift Service Bureau operator Simplex Consulting.
23 November 2009
Calastone, a cross-border transaction network for the mutual funds industry, says it has signed up several firms to support a new settlement offering that will compete with Euroclear's UK and Ireland Crest system when it launches early next year.
16 November 2009
Banking network Swift is working with a consortium of major financial institutions, corporations and technology vendors to develop a set of common standards for the implementation of ISO20022 messages in the corporate-to-bank space.
09 November 2009
BNY Mellon Treasury Services and Pegasystems have completed a "successful" pilot programme for Swift's new electronic bank account management scheme (Ebam).
25 September 2009
Financial messaging outfit Swift has dismissed reports that 300 jobs are on the line at its headquarters in La Hulpe, Belgium, as it acts to cut costs amid a decline in traffic volumes over the inter-bank network.
22 September 2009
Members of the European Parliament have claimed victory in their power struggle with the EC over negotiations on giving US authorities transaction information sent over the interbank Swift network.
17 September 2009
Financial messaging outfit Swift is looking to ease the burden of standards development and maintenance for banks and vendors with the release of a set of processable documentation components for automating the labour-intensive task of cross-referencing and maintaining multiple messaging standards.
16 September 2009
Banking co-operative Swift is set to unveil its latest service for bank to bank remittance payments on Wednesday morning at the Sibos event in Hong Kong
The cost of financial transactions in the developing world could be reduced by as much as 80% through a reform of inefficient payment and securities systems, according to the World Bank.
15 September 2009
Lazaro Campos, Swift chief executive, says that headcount reductions at the banking co-operative will be inevitable as the company contends with declining traffic volumes and bids to improve efficiency levels by 30% and cut 20% from its worldwide operational costs over the next year.
14 September 2009
The Central Bank of Chile has completed the implementation of Logica's multi-currency, real-time gross settlement (RTGS) system, it was announced at the annual Sibos conference in Hong Kong.
Just 22% of industry executives say they are prepared for the additional workload that will come their way when the new Swift MT202 COV message standard comes into effect in November, according to a survey from Dow Jones Risk & Compliance.
10 September 2009
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