Latest Post-trade & ops News: Finextra Research

Swift offers grant for research into the blockchain in securities markets

The Swift Institute is offering up a EUR15,000 grant for research into the development of blockchain technology for use in securities markets.

13 July 2015

News/Post-trade & ops

Crypto Facilities and Elliptic bring enterprise standards to bitcoin trading

A pair of bitcoin firms are hoping to bring enterprise adoption of cryptocurrency trading a step closer through the launch of a clearing and settlement function that separates custody from other exchange functions.

09 July 2015

News/Post-trade & ops

Blockchain could upend post-trade infrastructure - BNP Paribas analyst

A distributed blockchain system has the potential to completely upend post-trade infrastructure, leaving many current market players redundant, according to a BNP Paribas analyst.

06 July 2015

News/Post-trade & ops

SAP Financial Services Forum - Live Blog

Now in its fifth year, the SAP Financial Services Forum brings together over 450 financial services professionals to explore digital transformation across the financial services sector and the ways that firms can harness innovation, more effectively interact with their customers and build brand loyalty. This live blog will keep you abreast of what unfolds throughout the first day at the event.

23 June 2015

News/Post-trade & ops

US agrees T+2 timetable

The US securities industry is finally to move to a two-day settlement cycle (T+2), but not until the end of Q3 2017, some three years after similar shifts in other global markets

18 June 2015

News/Post-trade & ops

SAP Financial Services Forum Focus: Seth McGuire, Twitter

A former senior director of business development at Gnip, prior to its 2014 acquisition by Twitter, and a research and sales executive at the Corporate Executive Board, a DC-based consulting firm – now McGuire is a senior business development manager at Twitter, focused on data partnerships. He has been a guest speaker on social media and the markets on programs including CNBC's "Squawk Box," Bloomberg's "Money Moves" and Fox Business' "After the Bell."

18 June 2015

News/Post-trade & ops

Italy secures T2S deadline extension

Italy will no longer be one of the first set of countries to go live with Target2-Securities (T2S) later this month, securing a two month extension in the wake of "strong discomfort" among its banks.

16 June 2015

News/Post-trade & ops

Industry bodies call for regulatory clarity in trade reporting standards

A group of 11 industry associations have called on regulatory bodies to address the problems of poor data quality in derivatives reporting.

15 June 2015

News/Post-trade & ops

Blockchain-based financial contract platform Mirror secures $8.8m

Mirror, a blockchain-tapping peer-to-peer trading platform, has raised $8.8 million in a Series A funding round led by Route 66 Ventures.

03 June 2015

News/Post-trade & ops

Markit to acquire Information Mosaic

Financial data outfit Markit is to acquire Dublin-based corporate actions and post-trade vendor Information Mosaic.

02 June 2015

News/Post-trade & ops

New Zealand puts securities settlement system up for sale

The Reserve bank of New Zealand is looking for a buyer for the NZClear security settlement and depository business after deeming it a non-core business that requires significant investment.

02 June 2015

News/Post-trade & ops

Swift extends KYC Registry to funds and custody

Banking co-operative Swift is is extending the reach of its KYC Registry utility beyond correspondent banking to support Know Your Customer compliance requirements for funds distribution and custody services.

28 May 2015

News/Post-trade & ops

Ripple scores $28 million funding round

Digital currency outfit Ripple Labs has closed a $28 million Series A funding round that includes IDG Capital Partners and the venture arms of CME Group and global data storage company Seagate Technology.

19 May 2015

News/Post-trade & ops

Finra backtracks as opposition to Cards projects mounts

In the face of fierce opposition from industry bodies, Wall Street watchdog Finra appears to be backtracking on proposals to introduce an automated data collection system designed to help identify risky and suspicious activities.

06 May 2015

News/Post-trade & ops

Seed Alpha bids to become iTunes of equity research

Seed Alpha is hoping to shake up the way equity research is paid for by introducing an iTunes style one-stop-shop where users can pick and choose the reports they want to buy.

28 April 2015

News/Post-trade & ops

Swift Business Forum London - Live blog

Returning for its fifth year, the SWIFT Business Forum London will bring together 800 plus financial services professionals to explore the theme of harnessing change in financial services.

23 April 2015

News/Post-trade & ops

Merrill slapped with record fine for repeated transaction reporting failures

The Financial Conduct Authority has fined Merrill Lynch a record £13.3 million for repeated breaches of transaction reporting rules.

22 April 2015

News/Post-trade & ops

Swift promises STP Holy Grail with SwiftRef APIs

Financial messaging network Swift has introduced an automated data look-up service that identifies and validates payments reference data in real-time, reducing the time spent by bank back offices in correcting errors resulting from manual repairs and investigations.

20 April 2015

News/Post-trade & ops

Accenture moves into post-trade processing

Accenture is looking to cash in on the trend for banks to share back office processing costs after receiving approval from the UK's Financial Conduct Authority for the operation of a new post-trade utility.

08 April 2015

News/Post-trade & ops

UBS to investigate blockchain technology in new London innovation lab

The Swiss bank is planning to open an innovation lab in Level39's high growth space, HighGrowth:42, to explore the role of blockchain technology in financial services.

02 April 2015