Post-trade & ops

1187 articles tagged with this keyword

/Post-trade & ops

Irish fintech Ion set to buy Acuris for £1bn

Ion Group, a Dublin-based financial software and data company, is reportedly in talks to acquire Acuris, the London-based owner of financial news and data service Mergermarket, in a deal expected to be worth more than £1bn.

/Post-trade & ops

UK regulators to form post-trade technology working group

UK regulators are to convene an industry-led 'Technology Working Group' to drive reforms in post-trade processing in a bid to encourage innovation, reduce complexity and increase systemic resilience.

/devops

ASX opens customer development centre for blockchain settlement system

The Australian Securities Exchange has moved closer to its goal of rolling out a blockchain-based settlement system with the opening of a new Customer Development Environment for users to test and interact with the new system.

/Post-trade & ops

SGX to move blockchain platform to Amazon Web Services

The Singapore Exchange is to port its investments in Hyperledger Fabric to Amazon Web Services as the big tech giant unveils its cloud-based Managed Blockchain network.

/Post-trade & ops

Nasdaq raises stake in Oslo Bourse

Nasdaq has increased its stake on Oslo Bourse with the purchase of 844,071 shares in the Norwegian exchange operator, upping the ante in its fight with Euronext over control of the business.

/Post-trade & ops

TCS blockchain powers cross-border securities settlement between CSDs

The Moroccan and Kuwait central securities depositories have carried out a cross-border securities settlement using stable coins and a blockchain from Indian IT giant Tata Consultancy Services (TCS)

/Post-trade & ops

Euronext bid for Oslo Bourse edges closer to fruition

Euronext's battle with Nasdaq for the takeover of Oslo Bourse has been boosted by a positive recommendation from the Norwegian Financial Supervisory Authority.

/regulation

Goldman Sachs follows UBS onto the naughty step over flawed transaction reporting

Last week it was UBS in the dock for transaction reporting failures, this week Goldman Sachs gets its chance to shine, forking out £34.3 million to the UK's Financial Conduct Authority for errors relating to 220.2 million transaction reports over a ten-year period.

/Post-trade & ops

Russia pushes its Swift alternative

Russian authorities are promoting the international use of an alternative financial messaging system to the global Swift network in order to mitigate the risk of sanctions.

/Post-trade & ops

Middle East bank chief calls for more regtech spending

The secretary general of the Union of Arab Banks has called on financial institutions in the region to increase their investment in regtech.

/regulation

UBS hit with £27.6 million penalty over massive transaction reporting fail

UBS has been fined £27,599,400 by the Financial Conduct Authority (FCA) for failings relating to 135.8 million transaction reports over a ten-year period.

/Post-trade & ops

BME tests blockchain for collateral pledges

Spanish bourse BME has completed tests of the use of blockchain technology to eliminate the exchange of physical certificates for collateral pledges.

/Post-trade & ops

Deutsche Bourse to take on SIX with new digital asset exchange

Deutche Bourse is teaming up with Swisscom and Singapore's Sygnum to create a regulatory compliant market for trading in digital assets, competing directly with a forthcoming equivalent venture from the Swiss Stock Exchange.

/Post-trade & ops

SETL files for insolvency

Blockchain settlement startup SETL has filed for insolvency, appointing administrators to oversee the sale of its ID2S CDS subsidiary to a larger financial services firm.

/Post-trade & ops

Commerzbank and Deutsche Bourse settle repo transaction on blockchain

Commerzbank and Deutsche Bourse have successfully used distributed ledger technology to execute a legally binding settlement of a repo transaction.

/Post-trade & ops

Nasdaq sweetens bid for Oslo Bourse

Nasdaq has raised its offer price for Oslo Bourse to $789 million, matching a rival bid from Euronext.

/Post-trade & ops

State Street puts Maiuri in charge of global technology

State Street has promoted thirty-year industry veteran Lou Maiuri as chief operating officer with overarching responsibility for technology, operations, product and innovation across the group.

/Post-trade & ops

Julius Baer to enter crypto assets market

Julius Baer is to offer clients digital asset investment opportunities through a collaboration with Swiss startup Seba Crypto.

/Post-trade & ops

HKEX to buy majority stake in Shenzhen-based fintech firm

Hong Kong Exchanges and Clearing (HKEX) has agreed to acquire a 51% stake in a Shenzhen-based financial markets technology firm. Financial terms of the deal were not disclosed.

/Post-trade & ops

Morgan Stanley agrees to pay $900m for employee stock plan manager

Morgan Stanley has struck a $900 million cash deal to buy Solium Capital, a Canadian provider of cloud-enabled share plan administration services.