Latest Post-trade & ops News: Finextra Research

UK Takeover Panel gives Fidessa suitors bid deadline

The UK Takeover Panel has given Ion Investment Group and SS&C Technologies 10 days to put in a firm offer for Fidessa.

10 April 2018

JPMorgan takes stake in post-trade startup AccessFintech

JPMorgan has joined a Series A funding round in AccessFintech, a post-trade startup created to help buyside and sell-side firms manage vendor and operational risk across the trade life-cycle.

10 April 2018

News/Post-trade & ops

Baymarkets splits in two

Nordic fintech firm Baymarkets is splitting in two, with one half of the business focusing on regtech and the other pushing a clearing platform.

10 April 2018

News/Post-trade & ops

Seismic Foundry fintech fund to raise fresh capital

Capital markets venture fund Seismic Foundry has made a further two investments in the fintech startup space and begun raising funds for a new warchest for the 2018-19 financial year.

09 April 2018

News/Post-trade & ops

South Africa's central bank mulls cryptocurrency regulations

The South African Reserve Bank (Sarb) is setting up a dedicated unit to monitor cryptocurrency and fintech developments and inform future regulations and its first job will be to set up a proof of concept (PoC) for DLT-based interbank clearing and settlement.

04 April 2018

News/Post-trade & ops

Commonwealth Bank hit by outage

Customers of Commonwealth Bank Australia (CommBank) have been left frustrated after a series of major outages left them unable to access their bank accounts.

04 April 2018

News/Post-trade & ops

Temenos faces late competition for Fidessa

Trading technology supplier Fidessa has postponed a shareholder vote on whether to accept a £1.4 billion takeover offer from Temenos because two more potential bidders have indicated that they may enter the fray.

03 April 2018

News/Post-trade & ops

CME and NEX agree £3.9 billion deal to create trading powerhouse

CME Group has reached agreement on a £3.9 billion take over of the UK's NEX Group, in a deal that promises to transform the world's currency and sovereign debt markets.

29 March 2018

News/Post-trade & ops

BoJ and ECB conclude that DLT could have applications for securities settlement, but...

Studies conducted by the European Central Bank and the Bank of Japan on the feasibility of using distributed ledgers for delivery-versus-payment in securities settlement have concluded that although conceptually possible, further analysis of safety and efficiency issues is warranted.

27 March 2018

News/Post-trade & ops

Deutsche Börse and HQLAx partner for securities lending over R3 Corda

Deutsche Börse is to work with liquidity and collateral management outfit HQLAx and blockchain consortium R3 to create a front-to-back operating model for securities lending.

26 March 2018

News/Post-trade & ops

Nivaura settles security on public blockchain

UK fintech startup Nivaura has tapped Microsoft's cloud technology to launch what it claims is the world's first blockchain-based investment product.

26 March 2018

News/Post-trade & ops

NEX Group confirms approach from CME

Icap financial technology spin off NEX Group has confirmed a preliminary takeover approach by Chicago futures exchange CME.

16 March 2018

News/Post-trade & ops

Japanese FIs bullish on use of DLT in trade matching

A group of Japanese financial institutions are investigating the use of distributed ledger technology in trade matching processes.

15 March 2018

News/Post-trade & ops

Capital markets startup Capitolis secures $29 million in funding

Capitolis, a 'next generation' provider of capital markets technology founded by Gil Mandelzis, ex-Traiana, and Icap, Tom Glocer, ex-CEO of Thomson Reuters, and Igor Teleshevksy, formerly Traiana, has raised $29 million in financing from Index Ventures and Sequoia Capital.

06 March 2018

News/Post-trade & ops

Market infrastructure body backs FCA global sandbox

The World Federation of Exchanges has thrown its weight behind an FCA proposal to create a global regulatory sandbox, reiterating its support for an internationally coherent supervisory approach to emerging financial technologies.

02 March 2018

News/Post-trade & ops

Nasdaq sues competitor IEX over alleged technology rip off

Nasdaq has filed a patent infringement lawsuit against rival IEX, extending a long-running battle with the upstart exchange.

02 March 2018

News/Post-trade & ops

Credit Suisse and ING execute DLT-based securities lending and contract exchange

Credit Suisse and ING have executed a live collateral swap with full legal exchange of contracts and settlement taking place over R3's Corda blockchain platform.

01 March 2018

News/Post-trade & ops

Deutsche Börse CollCo project green-lighted by Eurex

Deutsche Börses's Collateralised Coin Project for shifting collateral among banks using tokenised digital coins has been given the go-ahead for a full-scale pilot by Eurex Clearing.

23 February 2018

News/Post-trade & ops

Blockchain-based mututal funds network IZNES welcomes new participants

Five asset management companies have joined with SETL and OFI Asset Management as shareholders in IZNES, the blockchain-powered record-keeping platform for mutual funds.

22 February 2018

News/Post-trade & ops

Temenos to create financial technology powerhouse as Fidessa agrees takeover

The boards of Temenos and Fidessa have reached an agreement on the terms of an all-cash takeover of the UK-based trading technology supplier in a transformational deal for the Swiss core banking vendor.

21 February 2018