Post-trade & ops

2290 articles tagged with this keyword

/Post-trade & ops

More than half of institutional investors plans to outsource data management by 2021

State Street Corporation (NYSE: STT) announced today new research[1], which reveals that more than half (60 percent) of institutional investors surveyed plan to partly or fully outsource their data management over the next three years.

/Post-trade & ops

DTCC begins night cycle re-engineering for faster settlement

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced a timetable for the first phase of settlement optimization, a significant enhancement aimed at removing an entire market day of settlement exposure without eliminating a calendar day from the standard trade settlement process.

/Post-trade & ops

Xceptor appoints Sharon Cooper as CFO and Shaleen Dastur as US sales director

Xceptor, a global provider of software for intelligent data automation, today announced two strategic appointments following a period of unprecedented growth that has seen the company revenues increase by 57% in the last year alone.

/Post-trade & ops

Cathay Capital and Bpifrance to acquire majority stake in NeoXam

Cathay Capital and Bpifrance today announced that they have signed an agreement to acquire a majority stake in global financial software company NeoXam from BlackFin Capital Partners.

/Post-trade & ops

Cobalt FX post-trade network secures investment from SGX

Cobalt, the foreign exchange (FX) post-trade processing network based on shared infrastructure and high performance technology, has secured a strategic investment from Singapore Exchange (SGX), which operates Asia’s largest, most diverse and fastest growing FX exchange.

/Post-trade & ops

Thomson Reuters Beta platform goes post-trade with NRI

Thomson Reuters has expanded its North American wealth management brokerage processing platform, BETA, to include automated international post-trade processing for multi-market and multi-currency securities, representing a significant advancement in a continuous effort to better serve both retail and institutional clients.

/Post-trade & ops

Singapore to move to central clearing for OTC derivatives

The Monetary Authority of Singapore (MAS) will introduce regulations to require over-the-counter (OTC) derivatives to be cleared on central counterparties (CCPs), with effect from 1 October 2018.

/Post-trade & ops

Regulators express concern over CCP lag on risk management and recovery planning

The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) today published a report, entitled Implementation monitoring of PFMI: follow-up Level 3 assessment of CCPs’ recovery planning, coverage of financial resources and liquidity stress testing, assessing the progress made by central counterparties (CCPs) in addressing the most serious issues of concern that were identified in an initial Level 3 report published in 2016.

/Post-trade & ops

Motive Labs partners with Inforalgo

Motive Labs, the global innovation firm focused on building the next generation of financial technology, announced today that it has formed a strategic partnership based on value creation with Inforalgo, a leading provider of data connectivity and harmonization technology to the Capital Markets industry.

/Post-trade & ops

Conning to use AIM Software’s Gain as centralised EDM Platform

AIM Software, a leading provider of Enterprise Data Management (EDM) software to the Buy-Side, has announced that Conning, a global investment management firm headquartered in North America, will use GAIN as its central EDM platform.

/Post-trade & ops

Mosaic Smart Data names FICC veteran, Jack Jeffery, as chairman

Mosaic Smart Data (Mosaic), the FICC data analytics company, is today announcing that Jack Jeffery has joined the company as Chairman of the Board.

/Post-trade & ops

SocGen develops modular plug-and-play system for front to back office outsourcing

Societe Generale Securities Services (SGSS) has put together its existing renowned Front, Dealing, Middle and Back office services into one plug-and-play solution that allows clients to focus on their main activities: asset selection, performances and distribution to their clients.

/Post-trade & ops

Clearstream acquires Swisscanto Funds Centre

Deutsche Börse Group’s post-trade services provider Clearstream is expanding its offering in the funds space by acquiring Swisscanto Funds Centre Ltd., London (SFCL), from Zürcher Kantonalbank.

/Post-trade & ops

Truss Edge launches in Europe

Truss Edge, a technology company that has been founded to support the day to day portfolio management and reporting tasks of hedge funds and ETFs, is launching in Europe this week.

/Post-trade & ops

Allen & Overy, IHS Markit and Smart Communications team to create margining platform

Three companies – international legal practice Allen & Overy, business information provider IHS Markit and SmartDX from customer communications management leader Smart Communications – have come together to launch Margin Xchange, a new product for the derivatives market.

/Post-trade & ops

OpenFin appoints Mark Yallop as non-exec

OpenFin, the operating system powering digital transformation across financial desktops globally, today announced that Mark Yallop has joined the firm as a non-executive board director.

/Post-trade & ops

SmartStream RDU hires Eric Bigelsen to lead US sales team

The SmartStream Reference Data Utility (RDU), today announced the joining of Eric Bigelsen as Senior Vice President, Sales for the Americas.

/Post-trade & ops

IHS Markit to provide benchmarking service for Nordea Danish Bond Indices

IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced that it has been appointed as the independent benchmark administrator for Danish bond indices from Nordea Bank, the largest financial services group in the Nordic region.

/Post-trade & ops

NSD and Interfax begin testing of single disclosure window for corporate actions

National Settlement Depository (NSD), Russia’s central securities depository, and Interfax’s Center for Disclosing Corporate Information began testing the first version of the Single Disclosure Window.

/Post-trade & ops

London Stock Exchange appoints David Schwimmer as CEO

London Stock Exchange Group plc (“LSEG”) is pleased to announce today the appointment of David Schwimmer as Chief Executive Officer.