Post-trade & ops

3728 articles tagged with this keyword

/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.

/cloud

BNY Mellon taps Google Cloud to forecast settlement failures

The Bank of New York Mellon is working with Google Cloud to help clients better predict billions of dollars in daily treasury market settlement failures to improve market liquidity.

/markets

Broadridge releases post-trade FastStart suite for small and mid-tier brokerages

To better help small and mid-tier brokerage firms access domestic and global markets faster and more simply, Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, today announced the launch of its new Post-trade FastStart solution.

/markets

Vermiculus unveils microservice-based clearing system with AI capabilities

Today, Vermiculus announces the launch of its elastically scalable, AI-powered, real-time clearing system as part of a portfolio of products for the entire transaction chain.

/regulation

Esma calls for post-trade experts to join consultative group

The European Securities and Markets Authority (ESMA) has published today a call for candidates to renew the Consultative Working Group (CWG) for the ESMA’s Post Trading Standing Committee (PTSC).

/crypto

Metaco and Cobalt bring interoperable FX and digital asset trading to institutions

Metaco, the leading provider of security-critical infrastructure enabling financial institutions to enter the digital asset ecosystem, announced a strategic partnership with Cobalt, an award-winning fintech firm focused on re-engineering the institutional FX market from the ground up.

/markets

Ateo Finance to supply middle office platform to Sucden Financial

Ateo Finance, a leading provider of post-trade solutions for the listed derivatives space, is proud to announce that Sucden Financial, a leading global multi-asset execution and clearing provider, has selected Ateo’s LISA Clearing Engine, as its middle-office platform.

/regulation

Commission approves equivalence for US central counterparties

The European Commission today adopted an equivalence decision determining that the United States Securities and Exchange Commission (SEC) regime for US central counterparties (CCPs) is equivalent to EU rules.

/Post-trade & ops

DTCC adds new features to fund industry information network

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that its MF Info Xchange service, the first offering of its kind to standardize communications for the mutual fund industry, has been recently enhanced with additional key capabilities to bring new efficiencies to the mutual fund communication process and meet evolving client needs.

/regulation

BearingPoint wins regulatory reporting contract from Clearstream

Deutsche Börse subsidiaries, such as Clearstream, one of the largest global providers of post-trading services, will from 2021 onwards use software products from BearingPoint RegTech to meet most of their regulatory reporting requirements.

/markets

Cobalt and Baton Systems partner to streamline post-trade FX processing

Cobalt, the foreign-exchange (FX) and digital asset infrastructure provider announced that it has entered a partnership with Baton Systems, the provider of post-trade solutions for capital markets.

/Post-trade & ops

Emerging markets regional banks join CLSNet

CLS, a market infrastructure delivering settlement, processing and data solutions, today announces that Alfa-Bank and First Abu Dhabi Bank (FAB) have agreed to initiate onboarding to CLSNet, a standardized, automated bilateral payment netting calculation service for over 120 currencies.

/markets

CME Group and IHS Markit to combine post-trade services

CME Group and IHS Markit have agreed to combine their post-trade services for the OTC markets into a new 50/50 joint venture.

/people

LiquidShare appoints Jean-Marc Eyssautier as CEO

LiquidShare, the fintech co-founded by major financial institutions in 2017 to develop post-market solutions by leveraging distributed ledger technology (DLT), is pleased to announce that its Board of Directors has appointed Jean-Marc Eyssautier as Chief Executive Officer to accelerate its strategic pivot.

/Post-trade & ops

FAB signs testing and trialling agreement with CLS for CLSNet

First Abu Dhabi Bank (FAB), the UAE's largest bank and one of the world's largest and safest financial institutions, has signed a testing and trialing agreement with CLS for its confirmation, matching and netting service ‘CLSNet’.