Post-trade & ops

1187 articles tagged with this keyword

/Post-trade & ops

Commerzbank and HSBC form securities settlement JV

Commerzbank is looking to make savings by transferring its securities settlement operations to a new joint venture with HSBC Transactions Services.

/Post-trade & ops

ASX to replace settlement network with Digital Asset's DLT platform

The Australian Securities Exchange has confirmed plans to replace its Chess post-trade settlement system with a new blockchain-based platform provided by Digital Asset.

/Post-trade & ops

Calastone to migrate funds network to blockchain infrastructure

Funds transaction network Calastone has announced plans to migrate the technology underpinning the core of its network to a private and permissioned blockchain infrastructure.

/Post-trade & ops

Boerse Stuttgart digital ventures unit makes first acquisition

Boerse Stuttgart has snapped up 100% of local data analytics startup Sowa Labs, marking its first fintech acquisition since the establishment a new digital ventures unit in September.

/Post-trade & ops

Strate to apply Nasdaq blockchain for proxy voting

South Africa's central securities depository Strate is to implement blockchain-based e-voting technology from Nasdaq to surmount the administrative hurdles facing shareholders and corporations in conducting Annual General Meetings.

/Post-trade & ops

Wall Street heavyweights pilot DLT for equity swaps processing

Some of Wall Street's biggest names, including Goldman Sachs and JP Morgan, have completed a pilot that used blockchain smart contracts to manage equity swap transactions and post-trade lifecycle events.

/Post-trade & ops

Ripple boss predicts central bank adoption of blockchain

Central banks will use distributed ledger technology (DLT) to settle high-value interbank payments within the next five to ten years, predicts the chief executive of Ripple.

/Post-trade & ops

SEC and exchanges in spat over surveillance system

A row has broken out between the US capital markets watchdog and a number of exchanges over the plan to impose a new market surveillance system on the US equities and options market.

/Post-trade & ops

SIX establishes EUR43 million venture fund as part of strategic overhaul

Swiss financial infrastructure provider SIX is to overhaul its business and create a new EUR43 million venture fund as it faces up to new competitors, technology and increased downward pressure on margins.

/Post-trade & ops

CSDs develop model for DLT-based proxy voting aligned with ISO 20022

A consortium of central securities depositories has built a model for an international e-proxy voting product based on distributed ledger technology and embedded with the relevant ISO 20022 standard.

/Post-trade & ops

Banks join forces with energy giants on blockchain-based trading platform

ABN Amro, ING and Societe Generale are joining forces with oil giants BP, Shell and Statoil, as well as several trading houses to build a blockchain-based digital platform for energy commodities trading.

/Post-trade & ops

ICE sells Trayport to TMX Group

Intercontinental Exchange has agreed to sell energy trading technology shop Trayport to Canadian exchange operator TMX Group in a deal worth around £550 million.

/Post-trade & ops

JPMorgan signs global deal with 'In-Residence' technology startup

JPMorgan has signed a multi-year contract with UK-based Mosaic Smart Data - the first graduate of the Wall Street bank's 'In-Residence' technology startup programme - spanning its global fixed income trading business.

/Post-trade & ops

TMX, Bank of Canada and Payments Canada to run blockchain settlement tests

Payments Canada, the Bank of Canada and TMX Group have come together to experiment with an integrated securities and payment settlement platform based on distributed ledger technology.

/Post-trade & ops

Fundchain bids to move beyond prototyping

Fundchain, a collaborative initiative of the Luxembourg fund industry, is to advance its exploration into potential applications for distributed ledger technology and define ready-to-use products that could be implemented in the short-term.

/Post-trade & ops

Gleif study claims $650 million cost savings from LEI uptake

Research undertaken by McKinsey estimates that broader, global adoption of Legal Entity Identifiers (LEIs) could yield annual savings of over $150m within the investment banking industry and up to $500m for banks in the issuance of letters of credit.

/Post-trade & ops

Sibos 2017: Blockchain - reality or utopia

Sunny optimism faced off with hard-nosed pragmatism during an early Sibos session on blockchain in the cash and securities settlement space, as ConsenSys rep Monica Singer tried desperately to win over cynical bankers.

/Post-trade & ops

BNP Paribas partners TCS for DLT-based corporate actions platform

BNP Paribas has joined forces with Tata Consultancy Services in a bid to transform the tortuous corporate events lifecyle through the use of blockchain technology.

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Swift positive on blockchain, but big challenges remain

Early results from a blockchain proof-of-concept conducted by Swift with six of the co-operative's member banks indicate that DLT application can deliver the business functionalities and data richness required to support real-time liquidity monitoring and reconciliation.

/Post-trade & ops

Deutsche Bank open sources Autobahn code

Deutsche Bank aims to create a common industry standard for trading technology by making its own computer code publicly available for the first time.