Post-trade & ops

3702 articles tagged with this keyword

/markets

Sifma, ICI and DTCC collaborate on shortening settlement cycle to T+1

The Securities Industry and Financial Markets Association (SIFMA), the Investment Company Institute (ICI), and The Depository Trust & Clearing Corporation (DTCC) are collaborating on efforts to accelerate the U.S. securities settlement cycle from T+2 to T+1, the organizations announced today.

/markets

Market participants identify key operational areas for improvement post-pandemic

The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today published a white paper examining how capital markets operations responded during the COVID-19 pandemic and where market participants are focused in a post-pandemic future.

/markets

Capitolis partners Refinitiv to streamline processing of FX transactions

Capitolis, the leading SaaS platform that drives financial resource optimization for capital markets, today announced an agreement with Refinitiv, one of the world’s largest providers of financial markets data and infrastructure, to enable access to Capitolis’ next-generation suite of optimization products through Refinitiv’s Trade Notification platform.

/payments

Bank of Montreal goes live with Pelican STP package

Leading AI technology solutions provider, Pelican, announced today that Bank of Montreal (BMO) has recently gone live with Pelican Intelligent Financial Hub – STP, Pelican’s payment analytics, intelligent automation and straight-through processing (STP) solution.

/people

Former CFTC chairman J. Christopher Giancarlo to serve as senior advisor to Baton Systems

Baton Systems (“Baton”), a provider of post-trade solutions for capital markets, has named as Senior Advisor the Honorable J. Christopher (“Chris”) Giancarlo former Chairman of the United States Commodity Futures Trading Commission (CFTC).

/people

HKEX appoints Swift's Lisa O'Connor as head of post-trade change

Hong Kong Exchanges and Clearing Limited (HKEX) is today (Tuesday) pleased to announce that Lisa O’Connor has joined the company as Managing Director, Head of Post Trade Change, reporting to Head of Post Trade, Glenda So.

/markets

Interoperability crucial for DLT in post-trade processes - ECB

Market participants working on the use of DLT in post-trade processes need to ensure interoperability if the technology is to succeed, according to a European Central Bank report.

/markets

TP Icap forms post-trade data and analytics brand Parameta Solutions

TP ICAP Group plc (“TP ICAP”), a diversified global markets infrastructure and data solutions provider, today announced that it has launched the brand Parameta Solutions.

/markets

Instinet and Credit Suisse conduct live same-day settlement of US equity trades

Instinet and Credit Suisse have conducted the first live trades of US-listed equities on a T+0 settlement timeframe using blockchain technology from Paxos.

/payments

SmartStream launches AI enabled platform for managing complex data

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider today announces the launch of TLM Aurora Universal Data Control - driven by client demand - it is the only solution of its type to match any reconciliations data, from basic to complex matching by enabling AI, machine learning and cloud-native technology.

/regulation

Esma reviews transactions and reference data reporting obligations under Mifir

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today published the Final Report on the review of transaction and reference data reporting obligations under MiFIR.

/markets

Broadridge partners with AccessFintech to tackle settlement fails

Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, has partnered with AccessFintech to deliver a new Strategic Gateway for Settlement Workflow that offers efficiencies in resolving multi-party settlement fails.

/markets

DTCC proposes three-point plan for derivatives trade reporting data harmonisation

The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today outlined a three-prong plan to further harmonize derivatives trade reporting requirements and deliver against the objectives that were originally established by the Group of 20 (G20) at its historic 2009 summit in Pittsburgh.

/markets

Hudson Fintech launches Trade Hospital

Hudson Fintech, the London-based Capital Markets technology firm, today announced the launch of Trade Hospital.

/regulation

Sell side needs to invest in middle office - research

Torstone Technology, a leading SaaS platform for post-trade securities and derivatives processing, and Firebrand Research, a provider of research and advisory services, has today published a white paper highlighting the need for sell-side firms to re-evaluate their current processes and invest in the middle office in order to improve operational controls, reduce risk and support regulatory compliance.

/markets

DTCC puts DLT at front and centre of shift to T+1

The Depository Trust and Clearing Corporation is close to completing work on a prototytpe settlement system based on distributed ledger technology, which could act as the precursor to a US move to a T+1 settlement cycle.

/wealth

Apex Clearing to go public via Spac

Custody and clearing fintech Apex Clearing is set to go public via a Spac with blank-check company Northern Star Investment Corp II in a transaction valued at $4.7 billion.

/markets

Clearstream and Xceptor to offer joint service for withholding tax processing

Clearstream and Xceptor have entered into an agreement to offer a redefined service for withholding tax processing for financial intermediaries.

/cloud

Finzly launches Swap Star app

Finzly, a fintech provider of modern banking applications for payments, foreign exchange, trade finance and digital account opening, announced today the launch of SWAP STAR, a state-of-the-art, end-to-end, sales, trading and post-trade processing system for interest rate derivatives.

/crypto

Exberry and Digital Asset team up with Baymarkets to add clearing to digital asset exchange

Exberry (the exchange technology pioneer), Digital Asset (the creators of the open source Daml shared ledger development framework) and Baymarkets (the developer of the Clara clearing system) today announced the availability of cutting edge exchange infrastructure with central counterparty clearing functionality.