Post-trade & ops

2290 articles tagged with this keyword

/markets

Broadridge ships all-in-one reconciliation and matching platform

Tackling both reconciliation and data integrity challenges, global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) today announced the launch of BRx Match, a holistic cloud-based reconciliation and matching solution.

/wholesale

CLS enrols Barclays and Danske Bank to its settlement platform

CLS, a market infrastructure group delivering settlement, processing and data solutions, today announces that three settlement members, including Barclays Bank and Danske Bank, have enrolled in its cross currency swaps (CCS) settlement service. They are joining a growing community of settlement members on the service, including some of the world’s largest banks. The service has witnessed continued growth in recent months, with a 38% year-on-year increase in the values of CCS submitted to CLSSettlement (H1 2023).

/crypto

ClearToken completes proof-of-concept for centralised clearing of digital assets

ClearToken, the new Clearing House for digital assets, announces the successful completion of its Proof of Concept (PoC) to deliver a critical but missing element to the digital assets space.

/markets

SSimple signs EquiLend as first client

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 announced it has partnered with the global securities finance technology firm EquiLend to power an enhanced SSI repository and management solution.

/payments

SSimple completes investment round and appoints Matthew Cook as chairman

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 revealed that it has successfully concluded an angel funding round, thereby bolstering SSImple’s potential as it actively drives forward its business expansion efforts.

/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”).