Post-trade & ops

2277 articles tagged with this keyword

/Post-trade & ops

NSD’s Transit 2.0 begins settlements for Sberbank corporate clients

Sberbank and National Settlement Depository (NSD) have signed a technological partnership agreement for financial message exchange via NSD’s Transit 2.0 platform.

/markets

Shenzhen Stock Exchange begins construction of third high-speed data centre

On December 17, the high-level data center of SZSE – the China Southern Information Technology Center for Securities and Futures Industry (the “Southern Center”) (phase II) had been officially launched.

/Post-trade & ops

BIS: The cost of clearing fragmentation

This paper studies the costs associated with clearing fragmentation as central clearing of over-the-counter derivatives contracts becomes more common.

/Post-trade & ops

Securities Clearing Corporation of the Philippines picks LSEG Technology post trade tech

LSEG Technology today announced that Securities Clearing Corporation of the Philippines (SCCP), a wholly-owned subsidiary of The Philippine Stock Exchange, Inc. (PSE), has selected LSEG Technology’s Millennium Post Trade solution to improve its post trade processes.

/Post-trade & ops

DTCC launches MF Info Xchange service

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that its MF Info Xchange service, the first offering of its kind to standardize communications for the mutual fund industry, has been enhanced with new efficiencies and capabilities, including integrating the offering with other DTCC mutual fund services.

/Post-trade & ops

Big banks partner AccessFintech to standardise settlement workflow

AccessFintech, which delivers collaboration, transparency, shared use cases and control to the financial industry, announces today that it has completed its production launch and is live with a new industry use case, to meaningfully enhance and improve the market’s settlement exception resolution process.

/Post-trade & ops

BNY Mellon connects custody systems to SimCorp Dimension

The Bank of New York Mellon Corporation (“BNY Mellon”) and SimCorp today announced a collaboration that connects BNY Mellon’s range of custody capabilities—including settlement, safekeeping, and cash and securities services—with SimCorp’s integrated front-to-back investment management system, SimCorp Dimension.

/Post-trade & ops

Euronext agrees to acquire control of Nord Pool

Euronext today announced it has entered into binding agreements to acquire 66% of the share capital and voting rights of the Nord Pool group[1], which runs a leading physical power market in Europe, operating from its headquarters in Oslo and offices in Helsinki, Stockholm, Tallinn, Berlin and London.

/markets

Eventus Systems selects Itiviti’s Managed FIX Service for drop copy consolidation

Itiviti, a leading technology and service provider to financial institutions worldwide, today announced that Eventus Systems, a multi-award winning global trade surveillance and market risk platform provider, has selected Itiviti’s Managed FIX Service to consolidate drop copies from market centers.

/Post-trade & ops

World Federation of Exchanges talks up vital role of CCPs in combatting risk

The World Federation of Exchanges ("WFE"), the global industry group for central counterparties (“CCPs”) and exchanges, has said it is starting a 12-month workplan to ensure that the role and nature of CCPs is correctly understood, and is not undermined by narrow interests that diverge from good public policy.

/ai

Broadridge unveils AI-based STP machine

Broadridge Financial Solutions, Inc., a global Fintech leader and part of the S&P 500 Index, today announced the launch of Broadridge Data Control Intelligent Automation, a new artificial intelligence (AI) and machine learning (ML) platform built to be deployed across industry-wide reconciliation, matching and exception management applications.

/Post-trade & ops

SmartStream partners with Union Systems to meet demand for East and West Africa

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced its partnership with Union Systems Limited, a key provider of financial software solutions and professional services to major banks in East and West Africa.

/Post-trade & ops

Credit Suisse goes live with AccessFintech global exception network

Credit Suisse announces the internal launch of AccessFintech’s trading exception management solution.

/regulation

Saxo Bank Japan prioritises cloud-based regulatory reporting

Torstone Technology, a leading global provider of post-trade securities and derivatives processing, today announced that Saxo Bank Securities Ltd. (“Saxo Bank Japan”), the investment and trading specialist, has gone live with the first phase of its migration to Inferno.

/Post-trade & ops

DekaBank selects Clearstream for European post-trade

DekaBank, the securities services provider of the German Savings Banks Finance Group, has chosen Clearstream, Deutsche Börse Group’s post-trading services provider, to handle post-trading services such as settlement, custody and asset servicing for its European securities markets activities.

/Post-trade & ops

Wethaq launches first Sukuk on its market infrastructure using SWIFT gpi Link

Today, Wethaq announced that it has issued the first pilot Sukuk on its securities market infrastructure for the Islamic capital markets under the supervision of the Dubai Financial Services Authority.

/Post-trade & ops

Sberbank first in Russia to get blockchain repo patent

Sberbank is the first in Russia to have obtained a patent for a repo deals solution and an execution system that utilize distributed ledger technology. The solution was developed by the bank only.

/payments

ABN Amro connects to Tips for instant payments

From today, ABN AMRO will connect to TARGET Instant Payments Settlement (TIPS), a clearing and settlement solution for instant payments offered by the European Central Bank (ECB).

/Post-trade & ops

Broadridge acquires ClearStructure

Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader and part of the S&P 500 Index, has acquired ClearStructure Financial Technology, a global provider of portfolio management solutions for the private debt markets.

/Post-trade & ops

Citi extends service contract for Temenos Multifonds suite

Temenos (SIX: TEMN), the banking software company, today announced that Citi has extended its existing contract for Temenos Multifonds Global Accounting to drive operational excellence, reduce costs and deliver digital customer experiences for its global fund services business.