1194 articles tagged with this keyword
News/Post-trade & ops
The London Stock Exchange has acquired a 16% stake in AcadiaSoft in a bid to further streamline margin calculations and processing in the non-cleared derivatives market.
27 June 2018
Deutsche Bank has moved its reconciliation operations offsite to a managed utility provided by SmartStream as part of an initiative to simplify its IT operations.
20 June 2018
The UK's Competition and Markets Authority (CMA) has launched an investigation into Ion Investment Group's proposed £1.5 billion takeover of trading technology firm Fidessa.
19 June 2018
Payments professionals from across Europe are gathering in Munich this week for EBAday 2018, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.
13 June 2018
US bank Citi has warned that it could shed half of its 20,000 tech and ops staff in the next five years due to the rise of robotics and automation.
12 June 2018
Northern Trust, one of the few financial firms in the world to have a implemented a live distributed ledger application, has applied for two new blockchain-related patents in digital identity and meeting management.
08 June 2018
The Central Bank of Thailand is initiating a project to use a Bank-issued digital currency for interbank settlements.
07 June 2018
The Italian Banking Association (ABI) has opened a pilot project on blockchain-based interbank reconciliations to a first group of 14 lenders.
06 June 2018
Blockchain consortium R3 has banked a $5 million investment from FX risk platform CLS.
31 May 2018
Deutsche Bourse plans to spend EUR270 million on blockchain, big data analytics, cloud computing, as well as robotics and artificial intelligence, as part of a 2020 roadmap that will see 350 jobs cut to increase scope for new tech investments.
30 May 2018
Trading and post-trade technology vendor Gmex Group is forming a joint venture with upstart blockchain outfit Digital Asset Group in an effort to bridge the gap between mainstream finance and the emerging DLT and crypto economy.
The deployment of blockchain technology to streamline foreign exchange post-trade confirmation and matching has moved a step closer with the replication of an FX forward trade conducted by Commerzbank on behalf of thyssenkrupp across R3 Corda.
24 May 2018
Key banking decision makers to the tune of 1200 have descended on Dublin to discuss the future of Fintech and digital banking for Temenos' annual conference. We're live-blogging proceedings here.
23 May 2018
IHS Markit is to acquire rival financial data firm Ipreo for $1.855 billion from private equity funds managed by Blackstone and the Goldman Sachs Merchant Banking Division.
21 May 2018
Swedish capital markets software house Cinnober is planning costs reductions and a stake sale of one of its operating subsidiaries after reporting a slow start to the year and full-year 2017 losses of Skr97.6 million.
18 May 2018
Federal Reserve governor Lael Brainard believes special-purpose digital tokens for wholesale payments and some aspects of distributed ledger technology may hold promise for strengthening traditional financial instruments and markets.
16 May 2018
Sberbank and telco MTS have implemented the first Russian issue of commercial bonds via smart contracts utilising a blockchain platform developed by National Settlement Depository.
Japanese merchant bank Nomura has set up a new venture to provide safekeeping and custody services for cryptocurrency-denominated assets managed by institutional investors.
15 May 2018
Using distributed ledger technology for instantaneous clearing and settlement of securities is "feasible", Canada's central bank and biggest exchange operator have concluded in the wake of a proof-of-concept test.
11 May 2018
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