Post-trade & ops

1183 articles tagged with this keyword

/Post-trade & ops

Boat gears up for November launch; Turquoise board appointed

Project Boat, the European trade reporting platform that is being established by nine City investment banks, will start reporting two-thirds of the EU's off-exchange share trades when it launches in November.

/Post-trade & ops

LCH.Clearnet calls on Germany and Milan to open markets under new clearing code

LCH.Clearnet is to test a new voluntary code for improving transparency in European securities markets by issuing formal requests to both Deutsche Börse and Borsa Italiana for full interoperability with Eurex Clearing and Cassa di Compensazione e Garanzia respectively.

/Post-trade & ops

Dexia turns to Sterci for payments overhaul

Dexia Bank Belgium is to use the Stelink messaging platform from Swiss-based Sterci to renew its payments infrastructure ahead of the introduction of the Single Euro Payments Area (Sepa) and the Target 2 funds transfer system.

/Post-trade & ops

Deloitte details costs of mutual fund processing failures

The European investment funds industry could cut processing costs by 25% and gain over EUR250 million by streamlining trading, settlement and custody of cross border mutual funds distribution, according to a study conducted by Deloitte and released by securities depository Clearstream.

/Post-trade & ops

New clearing code to abolish cross-border barriers

The European Commission is ready to endorse a set of industry-agreed guidelines to remove national domestic barriers to share trading platforms and establish interoperability between clearing and settlement organisations in Europe.

/Post-trade & ops

Omgeo signs Netherlands' pension fund ABP to Central Trade Manager

ABP Investments, the world’s second largest pension fund and the Netherlands’ biggest, has gone live on Omgeo Central Trade Manager (CTM).

/Post-trade & ops

Microsoft demos stock trading application based on latest technologies

Microsoft has created a sample online stock trading application to persuade the securities industry that its Windows Communication Foundation (WCF) and .NET technologies can be used for high-performance applications within a service-oriented architecture.

/Post-trade & ops

Lloyds TSB automates payments exceptions with Pegasystems

UK banking group Lloyds TSB is implementing the Smart Investigate package from Massachusetts-based Pegasystems to automate and streamline payment exception management processes.

/Post-trade & ops

Omgeo names Tim Lind MD, strategic planning

Trade matching utility Omgeo has recruited industry veteran Tim Lind as managing director, strategic planning.

/Post-trade & ops

SS&C Technologies to raise $200m in IPO

Connecticut-based fintech vendor SS&C Technologies has filed for a $200 million initial public offering (IPO) with the US Securities and Exchange Commission (SEC).

/Post-trade & ops

Custodians call for global corporate actions standard

Universal and standardised messaging needs to be introduced to automate and streamline corporate action processing on a global level, according to a white paper released by The Association of Global Custodians (AGC).

/Post-trade & ops

TowerGroup launches analytical tool for vendor selection

Analyst firm TowerGroup has released a new analytical tool for use by procurement departments and vendor selection process leaders within financial institutions.

/Post-trade & ops

DMA and algorithms set for wide buy side uptake across Europe - Tabb

Direct market access and algorithmic trading are set for rapid adoption among European buy-side investors according to a new report from analyst group Tabb.

/Post-trade & ops

Finextra50 dips slightly to 99.56

The Finextra50 Financial Technology Index closed last week slightly down, with falls in Reuters and Cognizant a major contributor, while many of the index's smaller cap stocks saw steady gains, particularly in Europe.

/Post-trade & ops

Finextra50 rebounds to 99.92

The Finextra50 Financial Technology Index closed up .79% at 99.92 on Friday, as many fintech stocks rose on positive earnings announcements and Thomson's acquisition of Reuters began to look more certain. SimCorp and S1 were the biggest gainers, while Vasco Data Security and i-flex had the biggest falls.

/Post-trade & ops

Creditex invests in Trade Settlement Inc

Derivatives trading platform Creditex has acquired an undisclosed minority stake in Trade Settlement Incorporated (TSI), a privately-held provider of settlement services to the primary and secondary syndicated loan markets in the US.

/Post-trade & ops

Finextra50 ends first week slightly down

The Finextra50 Financial Technology Index closed down .84% at 99.17 on Friday, as fintech stocks in general dipped slightly following the previous week's exuberance.

/Post-trade & ops

Finextra launches Finextra50 fintech index

The Finextra50 Financial Technology Index is a free-float value weighted index of the world's leading companies that provide technology-based products and services to the financial services industry. It was set at an indexed value of 100 at market close on Friday 4th May 2007. Our weekly update on the index's movements will provide a framework for analysing trends in the financial technology market, particularly vendor consolidation - a trend that shows no sign of slowing down.

/Post-trade & ops

BNP Paribas and JPMorgan process first live TSU transaction

JPMorgan and BNP Paribas have processed the first live interbank end-to-end transaction through the now-commercially available SwiftNet Trade Services Utility (TSU).

/Post-trade & ops

SunGard acquires Finetix

SunGard has acquired US-based capital markets consulting firm Finetix. Terms of the deal were not disclosed.