Post-trade & ops

1184 articles tagged with this keyword

/Post-trade & ops

LSE pursues competitive clearing model

The London Stock Exchange (LSE) has confirmed plans to allow Swiss central counterparty SIS x-clear to join LCH.Clearnet as a competitive provider of clearing services on its equity market.

/Post-trade & ops

Sibos: Auf wiedersehen Vienna, nei hau Hong Kong

As the Sibos conference and exhibition in Vienna draws to a close, we look back on a turbulent week.

/Post-trade & ops

Funds industry standards could be years away, says Clearstream

Interoperable standards between banks, fund managers and their intermediaries could take decades to emerge, according to European clearing and settlement body Clearstream.

/Post-trade & ops

Microsoft treasury pushes on with ISO20022 project as banks slow progress

The migration of Microsoft's treasury onto the XML-based ISO20022 messaging standard is likely to be a multi-year, ongoing initiative, according to a treasury manager at the software giant.

/Post-trade & ops

Canadian banks co-operate on Expertus E&I implementation

National Bank of Canada (NBC), Caisse Centrale Desjardins (CCD) and Laurentian Bank of Canada (LBC) have all deployed SwiftNet exceptions and investigations (E&I) software from US-based Expertus.

/Post-trade & ops

Polish Central Securities Depository signs for Microsoft BizTalk Server

The Polish National Depository for Securities (KDPW) is implementing Microsoft's BizTalk Server for Swift as its enterprise financial messaging platform and will use the technology for the transport, management and exchange of Swift transactions.

/Post-trade & ops

SAP signs HSBC to NetWeaver

British banking group HSBC is implementing technology from German ERP vendor SAP which it will use to automate and streamline delivery of banking services to corporate clients.

/Post-trade & ops

Working group issues guidance on new message standard for cover payments

Banks have been warned that they may face disruption and delays to payments STP following the introduction of new messaging standards for cover payments as demanded by regulatory agencies.

/Post-trade & ops

Equens partners ICBPI and Isabel on European e-invoicing pilot

European payments processor Equens and Italy's ICBPI Group are teaming up to establish a multi-party cross-border electronic invoicing network and have recruited Belgian service provider Isabel as the first pilot participant.

/Post-trade & ops

HSBC offers 'plug-and-play' outsourced payments processing

HSBC has launched a 'plug-and-play' outsourced payments system for corporates and banks looking to ease back office connectivity issues and lower the ongoing fixed costs associated with managing their own transaction processing activities.

/Post-trade & ops

ING selects Microsoft for settlement connectivity via Swift

Microsoft has been contracted by Holland's ING Investment Management to provide its BizTalk Server as the financial messaging platform for Swift connectivity to its settlement partner Bank of New York Mellon.

/Post-trade & ops

Omgeo moves into derivatives with Allustra acquisition

Omgeo has acquired London-based collateral management house Allustra, for an undisclosed sum. In addition, the post-trade processor has acquired a derivatives portfolio reconciliation platform designed by Global Electronic Markets (GEM), after piloting the technology with a large broker/dealer and global hedge fund.

/Post-trade & ops

Swift launches Lite interface in bid to win over low volume prospects

Financial messaging network Swift is looking to have as many as 60 corporate and banking customers in live production of the new Lite interface device by the end of the year.

/Post-trade & ops

HSBC to woo clients with BIC and Iban conversion kit

HSBC is partnering with Petra Financial to offer its clients automated BIC and Iban directory and validation tools for Sepa-compliant cross-border payments.

/Post-trade & ops

Broadridge seeks counterparties for XML-based proxy voting messages

Outsourcing provider Broadridge has registered its newly developed XML-based messaging service for proxy voting with Swift so that it can be used over the co-operative's SwiftNet channel.

/Post-trade & ops

IT complexity biggest obstacle to corporate transaction banking - Finextra survey

A survey by Finextra Research and Misys reveals that 45% of banks say their ability to provide a joined up service to corporates is average or worse. But to counter this, more and more banks are consolidating lines of business into a transaction banking group, and investing more in new products delivered online.

/Post-trade & ops

Swift extends E&I service to corporates

Financial messaging network Swift has extended its payment exceptions and investigations (E&I) package for corporate use, with the first companies expected to go live with the technology at the end of the month.

/Post-trade & ops

PayPal and OB10 team on e-invoicing

PayPal has teamed with electronic invoicing outfit OB10 to create an automated e-invoicing application for the UK business community.

/Post-trade & ops

Eurofi calls for stricter enforcement of post-trade rationalisation programmes

European think tank Eurofi has called on the European Commission to institute tougher enforcement of settlement harmonisation and consolidation programmes aimed at cutting costs of cross-border post-trade services across the EU.

/Post-trade & ops

Equens and VocaLink establish Sepa interoperability

European payments processors Equens and VocaLink have implemented a bilateral link for the exchange of single euro payments area (Sepa) transfers using procedures established under the European Automated Clearing House Association (Eacha) framework.