Post-trade & ops

3723 articles tagged with this keyword

/Post-trade & ops

Finextra and the FISD partner for webcasts in 2010

The Financial Information Services Division (FISD) and Finextra have forged a partnership to deliver a series of video webcasts for market data and risk management professionals worldwide with a focus on real-time data management and delivery, reference data, and standards.

/Post-trade & ops

SS&C buys Tradeware Global

Connecticut-based fintech vendor SS&C Technologies has acquired Tradeware Global, a broker-neutral provider of systems for electronic access to global equity markets. Financial terms were not disclosed.

/Post-trade & ops

Finextra signs off for Christmas and New Year break

The Finextra office will be closed after Tuesday 22 December, re-opening Monday 4 January.

/Post-trade & ops

Clearstream plans carbon trading settlement service

Deutsche Börse's Clearstream is set to launch a settlement and custody service for carbon trading rights called Global Emissions Market Access (Gema).

/Post-trade & ops

Swift bids to woo investment managers with new microsite

Bank-owned payments network Swift has launched a purpose-built microsite for investment managers in a bid to get more traction with buy-side institutions.

/Post-trade & ops

Sterci to take 25% equity stake in Simplex

Swiss-based STP vendor Sterci is to acquire a 25% equity stake in back office software house and Swift Service Bureau operator Simplex Consulting.

/Post-trade & ops

Calastone takes on Crest with settlement offering for mutual funds industry

Calastone, a cross-border transaction network for the mutual funds industry, says it has signed up several firms to support a new settlement offering that will compete with Euroclear's UK and Ireland Crest system when it launches early next year.

/Post-trade & ops

Reserve Bank of India sets out blueprint for overhaul of national payments system

The Reserve Bank of India has set out aspirations for a top-to-toe overhaul of the country's payment systems, including plans for a new domestic card scheme, the creation of a mobile money network, and the introduction of a UK-styled Faster Payments system.

/Post-trade & ops

Payments stakeholders push for XML clarity in the corporate-to-bank space

Banking network Swift is working with a consortium of major financial institutions, corporations and technology vendors to develop a set of common standards for the implementation of ISO20022 messages in the corporate-to-bank space.

/Post-trade & ops

Cantor Fitzgerald consolidates UK and US back office systems on SunGard

Cantor Fitzgerlad has completed the UK implementation of SunGard's Phase 3 securities processing system, providing the interdealer broker with a consolidated TransAtlantic back office for equity and fixed income trading.

/Post-trade & ops

First Derivatives acquires the Reference Data Factory

First Derivatives has acquired New Jersey-based data management outfit the Reference Data Factory for an initial consideration of $2.5 million, with an additional $7.5 million reserved for earn-out provision.

/Post-trade & ops

SunGard positions as bank-to-corporate messaging hub

SunGard is positioning itself as a central communications hub between banks, corporations and other trading partners with the launch of a technology 'ecosystem' linking users of its AvantGard treasury management system.

/Post-trade & ops

BNY Mellon and Pegasystems pilot Swift Ebam

BNY Mellon Treasury Services and Pegasystems have completed a "successful" pilot programme for Swift's new electronic bank account management scheme (Ebam).

/Post-trade & ops

Swift Standards Kit aims to ease back office integration woes

Financial messaging outfit Swift is looking to ease the burden of standards development and maintenance for banks and vendors with the release of a set of processable documentation components for automating the labour-intensive task of cross-referencing and maintaining multiple messaging standards.

/Post-trade & ops

T2S spat turns up the heat at Sibos

A progress report by the European Central bank on the controversial Target2Securities integrated settlement project descended into a three-way spat between agent banks, securities depositories and the central bank over costs, timetabling and information transparency at a hot and heavy Sibos session in Hong Kong.

/Post-trade & ops

Faster Payments slow so far, but business cases for banks emerging

VocaLink and PricewaterhouseCoopers have published a detailed research report into the UK Faster Payments Service. The scheme has processed 262 million payments since going live on May 2008 - lower than originally projected by this stage - but by 2018, the targeted end-date for cheques in the UK, the Payments Council estimates that annual volumes could reach as high as 2.51 billion.

/Post-trade & ops

SmartStream launches new division to deliver trade processing and data utilities

SmartStream's new DClear Utilities division, launched at Sibos in Hong Kong, aims to serve financial institutions using a shared service centre model for common processing services. The DClear Reference Data Management Utility is the first such utility to be launched and the company says it has already signed an un-named US-based financial institution.

/Post-trade & ops

World Bank calls for financial services expansion in emerging markets

The cost of financial transactions in the developing world could be reduced by as much as 80% through a reform of inefficient payment and securities systems, according to the World Bank.

/Post-trade & ops

Rabobank signs with Bolero, while Swift TSU registrations climb above 100

Dutch bank Rabobank has joined the Bolero multi-bank trade finance platform, as bank-to-bank processor Swift announces a host of new users for its Trade Services Utility.

/Post-trade & ops

Omgeo partners Hundsun for Mandarin interface to Chinese asset managers

Post-trade processor Omgeo is partnering with Chinese IT systems house Hundsun Technologies to create a Chinese language interface to its Central Trade Manager product.