Post-trade & ops

3702 articles tagged with this keyword

/markets

Distributed ledger technology is the key to growth for Deutsche Börse

Analysts at Metzler Capital Markets believe it is likely that distributed ledger technology will become the dominant technology in the business of Clearstream, Deutsche Börse's securities custodian and settlement provider, in the future.

/startups

Santander Germany chooses Ebury to support its SME customers

Ebury and Santander Germany are delighted to announce a new partnership to offer businesses in Germany a complete international finance solution to simplify international trade. By joining forces in Germany, clients will benefit from their combined services allowing them to trade with anyone from anywhere. The partnership has already been successfully trialled by a number of clients.

/regulation

Bank of England consults on new regime for non UK domiciled CCPs

The Bank of England has today published a Consultation Paper and draft Statement of Policy on the Bank’s approach to ‘tiering’ non-UK central counterparties (CCPs) based on the level of systemic risk they could pose to UK financial stability.

/markets

DTCC to apply cloud, API and blockchain to modernise private markets

The Depository Trusts and Clearing Corporation has entered the production build phase for a new platform to streamline the issuance, transfer and servicing of private market securities

/people

Archax subsidiary Montis Digital expands team to build digital post-trade ecosystem

Montis Digital, the Archax subsidiary focussed on building digitally native post-trade infrastructure, has today announced the expansion of its senior management team, with the appointment of Steve Higgins and David Gest.

/markets

UBS SuMi Trust WM taps NRI post-trade utility service

Nomura Research Institute (NRI), a leading provider of consulting services and system solutions, has begun providing its Prime Settlement Service (PSS) to UBS SuMi TRUST Wealth Management Co., Ltd. (UBS SuMi TRUST WM) from August 10th, 2021.

/markets

SBI Securities centralises settlement operations with Broadridge

To enhance services to its clients and further automate operations across business lines, SBI Securities Co., Ltd., one of Japan’s largest online securities companies, has expanded its business relationship with Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader.

/markets

Embed raises $60 million ahead of Q4 custody and clearing launch

Embed Financial Technologies, a clearing and custody startup set up by a former Square executive, has raised $60 million in Series A funding as it prepares to launch in US financial markets.

/markets

NAB to submit and maintain settlement and account data on DTTC Alert

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that National Australia Bank Asset Servicing (NAS) has agreed to submit and maintain Standing Settlement Instructions (SSIs) directly via its ALERT service, the industry’s largest and most compliant web-based global database for the maintenance and communication of account and SSI data.

/markets

Caseis brings machine learning to reconciliation with Cardabel

As a leading European asset servicing group, CACEIS is fully committed to digital transformation.

/markets

ICE sells Euroclear stake for €709m

Intercontinental Exchange (ICE) has sold its 9.85% stake in clearing and settlement platform Euroclear to Silver Lake for €709 million.

/markets

HSBC opens post-trade marketplace

HSBC has launched a new open architecture platform to connect clients to a host of third party post-trade service providers.

/Post-trade & ops

DTCC's trade matching service attracts over 99% of US deal flow volumes

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that the community leveraging DTCC’s Central Trade Manager (CTM) service for U.S. domestic trade matching has grown to over 1,800 firms, as organizations further consolidate global post-trade flows on a single platform.

/regulation

CPMI calls for ideas on ways to expand PvP settlement

Settling FX trades can lead to significant principal risk exposures when one counterparty to a trade sends a currency payment to the other counterparty before receiving the currency it is buying.

/Post-trade & ops

Itiviti integrates Nyfix Matching solution with Broadridge

Itiviti, Broadridge Financial Solutions, Inc.'s (NYSE: BR) provider of flexible, cross-asset trading solutions covering the full trade lifecycle, announced the integration of its NYFIX Matching solution with the portfolio, order and investment management system from Broadridge.

/markets

Deutsche Börse bids to reinvent post-trade with DLT-based D7 project

Deutsche Börse is preparing for the phased launch of a new cloud-backed and DLT-ready platform, D7, paving the way for same-day-issuance and paperless, automated straight-through processing for the entire value chain of issuance, custody, settlement, payment and asset servicing for digital securities.

/markets

DTCC outlines path to implementing central clearing across US treasury transactions

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today issued a new white paper, “Making the U.S. Treasury Market Safer for All Participants: How FICC’s Open Access Model Promotes Central Clearing,” that explores how to advance central clearing around U.S. Treasury transactions.

/markets

Deutsche Börse takes minority stake in WeMatch

Deutsche Börse has aquired a minority stake in WeMatch, a fintech company focussing on trading workflows for the wholesale derivatives industry, as part of a $19.5 million Series B equity funding round.

/markets

Turquoise settles US shares with DTCC

Turquoise, LSEG’s (London Stock Exchange Group) global securities trading platform, has today announced an expansion of its service with a newly enlarged US segment, with US shares now settling into DTC.

/markets

Archax subsidiary Montis Digital to launch blockchain based digital post-trade infrastructure

Archax, the first FCA regulated digital securities exchange, broker, and custodian, has today announced its subsidiary, Montis Digital, which is building digitally native, blockchain based post-trade infrastructure to allow tokenised assets, such as digital securities or security tokens, to realise their full potential.