Latest Post-trade & ops News: Finextra Research

Nasdaq calls for market reform to help smaller firms

Technological advances and regulatory changes over the last 10 years have transformed the way that markets function, but small and medium growth firms are not feeling the benefit, says Nasdaq.

05 May 2017

News/Post-trade & ops

Six global banks join Swift DLT trials

Interbank messaging network Swift has rounded up an initial group of six leading correspondent banks to participate in proof-of-concept trials to determine if distributed ledger technology could help banks reconcile their nostro databases in real time.

25 April 2017

News/Post-trade & ops

Swift Business Forum, London - live blog

Welcome to Finextra's live coverage of the Swift Business Forum in London. This year’s conference will focus on the key issues affecting the financial industry, particularly as they impact UK and global markets. In an ever-increasing ‘instant’ world, the agenda will look at how financial institutions can stay resilient and secure, while continuing to innovate and navigate change.

25 April 2017

News/Post-trade & ops

Nasdaq formalises fintech venture programme

Nasdaq has launched a dedicated venture investment unit to identify and collaborate on new technologies with fintech companies worldwide.

19 April 2017

News/Post-trade & ops

DLT still not mature enough says ECB

The European Central Bank (ECB) has stated that blockchain technology lacks the necessary maturity to be part of its market infrastructure.

12 April 2017

News/Post-trade & ops

StatPro buys UBS Delta

UBS is selling its buyside risk and perfomance analytics toolbox UBS Delta and management and developer team to StatPro for £11 million.

07 April 2017

News/Post-trade & ops

DTCC envisions single global ledger for transaction reporting

Larry Thompson, vice chairman of the US Depository Trust and Clearing Corporation (DTCC), has made a rallying call for the development of standards in propelling the uptake of distributed ledger technology in financial markets, arguing that a lack of co-ordination and collaboration may only further complicate existing market structures.

07 April 2017

News/Post-trade & ops

TMX applies distributed ledger tech to proxy voting arena

Canada's TMX has developed an electronic shareholder voting system prototype based on distributed ledger technology.

06 April 2017

News/Post-trade & ops

SIX adopts DTCC LEI utility in preparation for MiFID II

SIX Securities Services is to offer Legal Entity Identifiers to Swiss companies in partnership with the Depository Trust and Clearing Corporation.

04 April 2017

News/Post-trade & ops

Banks drive ahead with blockchain project for syndicated loans market

Vendor Synaps Loans and a group of banks working under the R3 blockchain banner, say they have made big progress in an initiative to apply distributed ledger technology to an overhaul of the antiquated and costly manual intervention in the $3 trillion global syndicated loans market.

31 March 2017

News/Post-trade & ops

LSE and Deutsche Börse merger officially blocked by European Commission

The European Commission has officially blocked the proposed mega-merger between the London Stock Exchange and Deutsche Börse, citing competition concerns.

29 March 2017

News/Post-trade & ops

IBM, Natixis and Trafigura team on blockchain platform for oil trades

Commodities trading house Trafigura and French bank Natixis are working with IBM to test the use of blockchain technology for settling US crude oil transactions.

28 March 2017

News/Post-trade & ops

SIX develops distributed ledger to automate the bond lifecycle

SIX Securities Services has developed a distributed ledger-based bond issuing prototype which it intends to deploy.

17 March 2017

News/Post-trade & ops

Swift outlines ‘compliance utility’ ambitions; plans for next stage of gpi project

Banking cooperative Swift has unveiled a number of initiatives designed to address the compliance challenges facing banks and corporates.

16 March 2017

News/Post-trade & ops

New advertising contract exchange taps Nasdaq for blockchain tech

A new exchange for trading advertising contracts is entering its pilot phase, enlisting Nasdaq for a tech setup that will see it deployed in the cloud and run on blockchain technology.

14 March 2017

News/Post-trade & ops

MAS to extend DLT trials to securities settlement and cross-border payments

The Monetary Authority of Singapore has announced the successful conclusion of a proof-of-concept project to conduct domestic inter-bank payments using distributed ledger technology (DLT)

09 March 2017

News/Post-trade & ops

Deutsche Bourse fintech venture fund targets blockchain and AI

Deutsche Bourse's new dedicated fintech venture fund, DB1, is hoping to make up to five investments this year, focusing on startups that use technologies such as blockchain and machine learning to rebuild the rails on which financial markets are built.

03 March 2017

News/Post-trade & ops

Scotiabank trials AlphaPoint blockchain tech for trade reports

Canada's Scotiabank has spent the last few months testing a distributed ledger platform from tech firm AlphaPoint.

02 March 2017

News/Post-trade & ops

HQ row fingered over likely LSE-Deutsche Bourse deal collapse

As the £21 billion London Stock Exchange-Deutsche Bourse merger nears collapse, speculation is mounting that a fallout over the location of the combined group's headquarters - not the LSE's stake in Italy's MTS - is behind the deal's failure.

28 February 2017

News/Post-trade & ops

DTCC moves ahead with project to use distributed ledger tech for repo market

Following a successful proof-of-concept, the Depository Trust & Clearing Corporation (DTCC) is pushing ahead with plans for a distributed ledger-based system for the clearing and settlement of US repurchase agreements (repos).

27 February 2017