Post-trade & ops

1183 articles tagged with this keyword

/Post-trade & ops

Finextra unveils SibosOnline 2.0

Finextra is introducing a raft of innovative and interactive Web 2.0 services for visitors to this year's Sibos conference and exhibition in Vienna, including a user-generated photo archive, exhibition floor e-mail hospitality alerts, and a dedicated Sibos Green Zone, for coverage of bank and vendor-led environmentally-friendly technology initiatives.

/Post-trade & ops

Calls grow for more action on trade verification

Tabb Group forecasts that nearly $170 million will be spent in 2010 by major sell-side broker-dealers to automate the affirmation process and mitigate the potential risk resulting from trade exceptions in the credit default swaps market.

/Post-trade & ops

SunGard to launch new messaging platform

Fintech giant SunGard is gearing up to unveil a new financial messaging platform which it says will enable customers to consolidate all activity, regardless of format.

/Post-trade & ops

Failed payments costing Europe's banks EUR21bn a year - Misys

Despite the introduction of the single euro payments area this year, failed cross border transactions are costing European banks EUR21 billion a year, according to Misys.

/Post-trade & ops

New post-trade rules proposed to remove barriers to cross-border trading

An advisory group has put forward recommendations for breaking down legal barriers to the cross-border holding and settlement of securities in the European Union, including proposals to enable issuers to choose which central securities depository they want to use.

/Post-trade & ops

Finexpo to focus on new execution landscape

The Finexpo - Execution Management conference and exhibition has opened for registration. The event, on Thursday 16 October at The Brewery in London, will focus purely on trade execution, order routing, low-latency data provision and productivity tools for the front-office.

/Post-trade & ops

Eurex ventures into OTC derivatives clearing

Swiss German derivatives exchange Eurex is in talks with infrastructure providers about introducing a clearing platform for the over-the-counter (OTC) credit markets.

/Post-trade & ops

Markit and DTCC form derivatives trade processing JV

The US Depository Trust & Clearing Corporation (DTCC) and UK-based Markit are teaming up to launch a London-based joint venture that will combine their respective OTC derivatives processing services.

/Post-trade & ops

ECB launches T2S settlement harmonisation project

The European Central Bank is to press ahead with the launch of its contentious settlement harmonisation project Target2-Securities and has assigned the development and operation of the facility to the Deutsche Bundesbank, the Banco de España, the Banque de France and the Banca d'Italia.

/Post-trade & ops

InCore selects Orc trading technology

Switzerland's InCore Bank has licensed electronic trading technology from Swedish vendor Orc Software for its proprietary trading business.

/Post-trade & ops

Link Up Markets contracts with Clearstream for IT build

European depository Clearstream is to work with Tata Consultancy Services to develop and operate the IT infrastructure for Link Up Markets, the settlement services joint venture company set up by seven European CSDs.

/Post-trade & ops

Citi to issue digital IDs to corporate clients

Citi's Global Transaction Services Business unit is rolling out a digital ID service for corporate customers transacting online.

/Post-trade & ops

Buy-side OMS spending to soar - TowerGroup

Global buy-side spending on order management systems (OMS) is set to rise from $450 million in 2008 to $699 million in 2012 - a compound annual growth rate (CAGR) of 12% - according to research from TowerGroup.

/Post-trade & ops

Caisses d'Epargne implements Smart Trade transaction platform

Paris-based Caisse Nationale des Caisses d'Epargne (CNCE) is deploying a liquidity management system from French vendor Smart Trade Technologies to deliver automated electronic trading services to its 17 member banks.

/Post-trade & ops

EuroCCP claims lowest clearing costs in Europe

If European firms used the EuroCCP platform to clear all trades, the industry could slash costs and save around EUR350 million a year, claims the DTCC subsidiary.

/Post-trade & ops

Swift to process bank-to-corporate trade data

Banks and corporates have been given the go-ahead to use the Swift financial messaging network for the exchange of trade finance-related information, including Letters of Credit advice and applications.

/Post-trade & ops

Logicscope names John Barber CEO

UK post-trade software vendor Logicscope has appointed industry veteran John Barber as its new chief executive officer (CEO).

/Post-trade & ops

Industry association to probe exchange clearing

The Futures and Options Association (FOA) is to probe plans by IntercontinentalExchange (ICE) and Liffe to establish clearing houses in Europe as part of a larger investigation into the exchange clearing business in the region.

/Post-trade & ops

Banks back TradeWeb STP network

TradeWeb says its dealer-owners have committed to use its expanded straight-through processing (STP) platform for the voice and electronically-traded fixed income securities that they trade with customers.

/Post-trade & ops

State Street Global Markets acquires SSISearch

Investment research and trading outfit State Street Global Markets has acquired UK reference data provider SSISearch. Financial terms of the deal were not disclosed.