1194 articles tagged with this keyword
News/Post-trade & ops
BNP Paribas Securities Services has set up a 20-person innovation and digital lab (I&D Lab) staffed by industry veterans to focus on the use of big data and distributed ledger technologies and potential investment oppotunities in the fintech sector.
22 June 2016
The Australian Securities Exchange is to lift its stake in blockchain startup Digital Asset Holdings, reinforcing its determination to press ahead with plans to develop a new post-trade platform based on distributed ledger technology.
Euroclear is exploring the potential of using blockchain technology to create a next generation settlement service for the London gold market.
BNP Paribas Securities Services, Euronext and Société Générale are among the members of a seven-strong consortium that has banded together to investigate the development of a post-trade blockchain infrastructure for SMEs in Europe.
21 June 2016
Deutsche Bourse is to set up a dedicated fintech venture fund, DB1, to invest in early to growth stage companies operating in the capital markets arena.
Morgan Stanley is to seek $1 billion in costs cuts through a combination of outsourcing, technology streamlining, and expense reduction measures.
15 June 2016
A UK startup designed for the off-exchange derivatives trading market has been unexpectedly wound up after it fell foul of strict new rules on the trading of swaps, reports the Financial Times.
10 June 2016
Retail investors may soon be able to buy and sell shares via Facebook's messenger platform after UK fund supermarket AJ Bell announced plans to launch a new trading service in the next three months.
08 June 2016
Payments professionals from across Europe are gathering in Milan this week for EBAday 2016, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.
07 June 2016
Icap has won a $65 million deal to supply technology for fixed income and foreign exchange electronic execution services in mainland China.
03 June 2016
The European Securities and Markets Authority (Esma) is seeking feedback from market participants on the possible use of distributed ledger technology in securities markets, honing in on the "potential benefits and the risks that such broader use may pose".
02 June 2016
The London Stock Exchange says that its planned merger with Deutsche Boerse could see up to 1250 jobs axed as the combined firm bids to make hundreds of millions of euros in cost savings, partly through technology.
01 June 2016
The European Central Bank has gone to tender for a new real-time position-keeping/treasury management system.
SETL, the operator of a permissioned ledger for post-trade processing, has launched its first commercially available application.
The use of blockchain technology for clearing and settlement in the cash equities market could save banks around the world $6 billion a year, mainly through lower headcounts and back office IT costs, according to a Goldman Sachs report.
26 May 2016
Business advisory firm Deloitte is setting up an Emea financial services blockchain centre in Dublin that will house a team of 50 developers and designers.
25 May 2016
Ping An Financial Services Group has become the first Chinese member of the R3 distributed ledger consortium.
24 May 2016
Icap is to put its fintech incubator Euclid Opportunites to the forefront as it sells off its brand to Tullett Prebon and refocuses its business under the new name NEX Group.
16 May 2016
European exchange group Euronext has set aside EUR150 million to fund its growth over the next three years through internal development and via a series of bolt-on acquisitions.
13 May 2016
Japanese financial conglomerate SBI Holdings has set its stall out as a central player in the fintech ecosystem, promising to aggressively adopt new technology and build a network of startups through a $275 million venture fund.
12 May 2016
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