Post-trade & ops

1187 articles tagged with this keyword

/Post-trade & ops

BNP Paribas applies AI to alleviate trade matching delays

BNP Paribas Securities Services is implementing Smart Chaser, a trade matching tool that uses artificial intelligence to warn brokers and their clients of live trades that may require manual intervention to complete.

/Post-trade & ops

Singapore consortium claims breakthrough in DLT payments project

A consortium of banks and technology vendors led by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) have successfully developed software prototypes of three different models for decentralised inter-bank payment and settlements with liquidity savings mechanisms.

/Post-trade & ops

ASX "increasingly confident" about blockchain replacement for Chess

Top executives at the Australian Securities Exchange say they are "increasingly confident" about the prospect of replacing their legacy post-trade infrastructure with a platform based on distributed ledger technology.

/Post-trade & ops

SEB and Nasdaq to collaborate on blockchain-based funds platform

Sweden's SEB is working with Nasdaq to develop a prototype for a mutual fund trading platform based on blockchain technology.

/Post-trade & ops

R3 and 12 banks plan overhaul of open-account trade finance

Blockchain consortium R3 is collaborating with 12 banks and technology vendor TradeIX on an open-account trade finance project for corporate buyers and sellers around the world.

/Post-trade & ops

Commerzbank completes money market transaction over R3 Corda

Germany's Commerzbank has hailed the potential of blokchain technology for money market trades, having successfully replicated a EUR100,000 Euro Commercial Paper transaction with a limited number of trading partners.

/Post-trade & ops

Finextra partners with top banks and vendors for Sibos debates

Finextra is partnering with leading banks and vendors to run a series of roundtable events covering corporate banking, trade and supply chain finance and winning strategies for fintech collaboration at the annual Sibos conference in Toronto in October.

/Post-trade & ops

German central bank flags DLT weaknesses

Deutsche Bundesbank has dampened the blockchain hype, dismissing distributed ledger technology's prospects in retail payments, at least in the eurozone, and pouring cold water on central bank-issued digital currencies.

/Post-trade & ops

SETL aims for 2018 launch of blockchain-based fund platform

SETL and four french fund managers are aiming to go into production in 2018 with a pan-European fund record-keeping platform based on blockchain technology.

/Post-trade & ops

Regulatory and technology challenges impede the rapid roll out of DLT says DB exec

Regulatory impediments and the current fragmentation of protocols from a multiplicty of providers of distributed ledger technology will prove to be a major challenge for banks to overcome before the technology can go mainstream in financial markets, says a senior Deutsche Börse executive.

/Post-trade & ops

US moves to T+2 settlement

In a move designed to boost efficiency and reduce risks, starting today, US stock and bond trades begin settling in two, rather than three, days.

/Post-trade & ops

India's central bank plans blockchain platform

The R&D unit of the Reserve Bank of India is preparing to launch a banking platform based on blockchain technology.

/Post-trade & ops

More major banks join UBS-led blockchain project

A UBS-led plan to develop a digital cash system based on blockchain technology has won the support of six major banks ahead of a planned launch in late 2018

/Post-trade & ops

UK clearing houses to be subject to formal cybersecurity reporting

Clearing houses in the UK will have to complete regular cybersecurity reports due to new legislation likely to be introduced in May 2018.

/Post-trade & ops

Frankfurt predicts Brexit jobs boost at London's expense

A recently published report states that, contrary to the fears of Brexit-sceptics, the UK's exit from the European Union will create as many as 80,000 new jobs - the majority of which will be in financial services. The only problem for Brexiteers is that the jobs will be in Frankfurt rather than London.

/Post-trade & ops

Bank of America applies AI to streamline client payment processing

Bank of America has worked with fintech startup High Radius to apply artificial intelligence to corporate processing of accounts receivables.

/Post-trade & ops

Options lands $100 million PE investment

UK capital markets technology outfit Options has scored a significant $100 million investment from New York-based private equity house Bregal Sagemount.

/Post-trade & ops

SIX Swiss Exchange to apply DLT tech from Nasdaq in structured products line

SIX Swiss Exchange is to investigate the prospect of using distributed ledger technology in its over-the-counter structured product business as part of its long-standing trading technology contract with Nasdaq.

/Post-trade & ops

Euronext acquires stake in LCH France

Euronext has agreed a deal to acquire an 11% stake in the French operations of LCH Group on the back of a ten-year derivatives processing arrangement.

/Post-trade & ops

Former Deutsche COO takes stake in DLT venture Cobalt

Cobalt, the FX post-trade processing network based on shared ledger technology, has closed an investment from Henry Ritchotte, the former Deutsche Bank COO who will also become a member of the startup's strategic advisory board.