Post-trade & ops

2285 articles tagged with this keyword

/people

Asic welcomes appointment of Alex Cameron to lead ASX clearing and settlement advisory group

ASIC Chair Joe Longo has welcomed the establishment of a new Advisory Group to advise ASX Clear and ASX Settlement on strategic clearing and settlement issues.

/markets

Transition to T+1 requires significant middle and back office overhaul

A report from Torstone Technology, a leading SaaS platform for post-trade securities and derivatives processing, and Chartis Research, a globally recognised authority in research and advisory services, has revealed that legacy middle and back-office infrastructure needs to be upgraded to support the shift to a T+1 settlement cycle, or risk non-compliance.

/regulation

ISS launches mobile voting tool

Institutional Shareholder Services Inc. (ISS), a leading provider of corporate governance and sustainable investment solutions to financial market participants, today launched ISS Exchange, a streamlined, mobile-friendly voting solution, to augment its Global Proxy Distribution (GPD) offering.

/markets

NGX plots move to T+1

Due to the current reforms and competition among exchanges in global financial markets, Nigerian Exchange Limited (NGX) on Thursday revealed that it is working assiduously with the Central Securities Clearing System (CSCS) Plc and other stakeholders to reduce the settlement cycle from T+3 to T+1 over the next few years.

/markets

Delta Capita unveils DLT venture with Montis as anchor client

agora Digital Capital Markets (“agora”), the creator of the preissuance workflow collaboration tool - agoraPlatform, and Montis Group (“Montis”), a pioneer in Central Security Depository (CSD) utilities for digital securities, have agreed a strategic partnership to create an end-to-end platform for conventional and digital securities in the highly regulated fixed income markets.

/markets

CGS-CIMB Securities signs with Torstone

Torstone Technology, a leading SaaS provider of post-trade securities and derivatives processing solutions, is pleased to announce a strategic partnership with CGS-CIMB Securities, a leading securities house in the Asia-Pacific region.

/markets

Cboe Clear Europe to introduce clearing services for securities financing transactions

Cboe Global Markets Inc. (Cboe: CBOE), the world’s leading derivatives and securities exchange network, today announced that Cboe Clear Europe, its Amsterdam-based clearing house, is planning to introduce a Central Counterparty (CCP) clearing service for securities financing transactions (SFT) in Q3 2024, subject to regulatory approvals.

/markets

Citi unveils new automated settlement system in Hong Kong

Citi Securities Services today announced the launch of a new fully automated solution that further improves Citi’s custodial capability in post trade instruction and settlement processing.

/markets

After blockchain bungle, ASX confirms work programme to maintain Ches

ASX today released a special report relating to CHESS, the clearing and settlement system for Australia’s securities market.

/crypto

Monoova executes cross-border settlement using Australian dollar CBDC

On Friday, the Reserve Bank of Australia (RBA), in collaboration with the Digital Finance Cooperative Research Centre (DFCRC), held an invitation only conference in Sydney for participants in the Australian Central Bank Digital Currency (CBDC) pilot project.

/markets

DTCC collaborates with Nomura Research Institute to bring central matching tech to Japan

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced its collaboration with Nomura Research Institute (NRI) to provide automated central matching capabilities for cash securities transactions in Japan.

/markets

ASX establishes Chess replacement Partnership Program

Following a number of stakeholder discussions since pausing CHESS replacement in late 2022, ASX began developing the CHESS replacement Partnership Program (“Partnership Program”) to recognise future industry cooperation on the project.

/markets

BNP Paribas integrates with Bloomberg AIM to boost post-trade workflows

BNP Paribas’ Securities Services business and Bloomberg today announced an integration that brings together BNP Paribas’ multi-asset servicing capabilities with Bloomberg AIM, a leading buy-side order management system.

/startups

SaaS DLT platform for post-trade SSimple launches

SSImple, a SaaS DLT platform that aims to fundamentally change the way standing settlement instructions (SSIs) are stored, shared, and enriched across the financial services industry, today launched its post-trade offering following an extensive testing period.

/markets

ASX updates on Chess replacement partnership programme

ASX today released details of proposed eligibility criteria for certain stakeholders to receive an incentive payment as part of the CHESS Replacement Partnership Program, (“Partnership Program”).

/markets

Nasdaq Private Market launches transfer and settlement service

Nasdaq Private Market (NPM), a trusted, institutional marketplace for the efficient trading of private company stock, announced today that it has launched a new, open access service to efficiently settle private company transactions regardless of trading venue.

/markets

CAT Financial implements Broadridge post-trade tech

CAT Financial Products Ltd. (CATFP), one of the leading independent Swiss providers of securities and investment services for structured products, has transformed its front to back office processing efficiency by implementing the international multi-asset post-trade processing solution from global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR).

/markets

Broadridge and Linedata expand partnership

To better automate the middle and back-office functions around trade matching, global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE: BR), today announced an expansion of its partnership with Linedata, a global provider of asset management and credit technology data and services.

/markets

Broadridge promises improved straigh-through processing with new package

Today Broadridge Financial Solutions, Inc. (NYSE: BR) announced the launch of a trading solution that enables clients to achieve increased straight-through processing and efficiency, better trading decisions and client insights, improved controls, and reduced risk.

/markets

Azerbaijan modernises capital markets infrastructure with Montran

The National Depository Center (NDC) of the Republic of Azerbaijan, The Baku Stock Exchange (BSE), and Montran announced the successful implementation of "CEDAR", NDC's Central Securities Depository (CSD) platform, and "BETP", BSE's Trading System.