Latest Post-trade & ops News: Finextra Research

Swift completes eBAM pilot

A pilot exercise led by financial messaging cooperative Swift for a single multibank platform enabling corporates to manage their account electronically has been completed.

20 September 2011

News/Post-trade & ops

Payment investigations initiative hampered by slow corporate uptake

A bank-led initiative to develop a utility model for end-to-end automation in the payment investigations process is being held back by a lack of corporate involvement.

20 September 2011

Finextra TV/Post-trade & ops

Swift's Securities Services

Brett Lancaster, managing director at Swift discusses data standards, legal entity identifiers and corporate actions prior to Sibos 2011.

15 September 2011

Finextra TV/Post-trade & ops

Turning the Challenges of Global Trade into Opportunities

John Bugeja of RBS discusses major themes in the global economy and trade prior to Sibos in Toronto 2011.

14 September 2011

Finextra TV/Post-trade & ops

Redefining post trade processing through Flexibility and Control

Richard Cummings, EVP at SmartStream, discusses how regulation is acting as a catalyst for the move towards intra-day management to deliver greater efficiency and control across post-trade operations. He explains how this will impact cash and liquidity management, managing reference data and the challenge represented by increased OTC derivatives volumes.

12 September 2011

News/Post-trade & ops

Swift sets up one-stop shop for reference data

Financial messaging co-operative Swift is bundling its suite of data directories to create a Web-based one-stop shop for payments-related reference data.

06 September 2011

News/Post-trade & ops

ECB sets T2S framework agreement deadline; UK looks to opt out

The European Central Bank has set an October deadline for its final offer to central security depositories (CSDs) on a framework agreement for the Target2Securities (T2S) system. However, the UK now seems certain to turn its back on the project.

22 July 2011

News/Post-trade & ops

Thomson Reuters moves to meet bank uncertainty over OTC rule shake-up

Thomson Reuters has set a mid-2012 deadline to get its trading platforms ready for forthcoming OTC derivatives regulations, as it releases research which shows clear bank unease at the uncertain impact of the new rules on front and back office operations.

11 July 2011

News/Post-trade & ops

OTC dealers win reprieve as EU Parliament delays reforms; banks lobby for US/EU convergence

The European Parliament has postponed implementation of new rules designed to improve transparency in over-the-counter trading, mirroring a similar slowdown in US financial market reforms under the Dodd-Frank Act.

06 July 2011

News/Post-trade & ops

CFTC appoints data standardisation sub-committee members

Representatives from the ISO, Goldman Sachs, Google and Swift are among the members of a new technology advisory sub-committee on data standardisation set up by the CFTC.

24 June 2011

News/Post-trade & ops

XBRL US launches corporate actions taxonomy

XBRL US has finalised its corporate actions taxonomy and made it available for use.

02 June 2011

News/Post-trade & ops

Banks push FIX for fixed income trading

The world's biggest sell-side banks have formed a working group to push the adoption of FIX connectivity for fixed income trading.

01 June 2011

News/Post-trade & ops

Derivatives legislation moves nearer in Europe; could face delays in US

A European Parliament committee has given its backing to legislation that will see more derivative trades settled through clearing houses. Meanwhile, on the other side of the Atlantic, US lawmakers have moved to delay the implementation of their own new derivatives rules.

25 May 2011

News/Post-trade & ops

Finextra to create Post-Trade Forum

Finextra has partnered with analyst house Biss Research to develop an industry forum hosted by the London Stock Exchange and aimed exclusively at practitioners in the post trade operational space.

13 May 2011

News/Post-trade & ops

LCH.Clearnet and X-Clear get FSA approval for interoperability

European clearing house interoperability has moved a step nearer after the UK's FSA approved new arrangements between LCH.Clearnet and Switzerland's X-Clear.

12 May 2011

News/Post-trade & ops

'Electronification' of FX pushing up IT spending - Celent

Technology spending in the foreign exchange market is on the rise thanks to the growth of algorithmic trading and 'electronification' of the business, according to a report from Celent.

05 May 2011

News/Post-trade & ops

OTC derivatives market reform stalling - FSB

Central bankers have expressed fears that reform of the over-the-counter derivatives markets is being hampered by delays and inconsistencies in approaches across national jurisdictions.

18 April 2011

News/Post-trade & ops

DTCC kicks off corporate actions pilot; legacy formats to be switched off by 2015

The Depository Trust and Clearing Corporation says it will shut off corporate actions processing for all legacy file formats in 2015, as it begins testing of new ISO 20022 announcement messages with five user firms.

13 April 2011

News/Post-trade & ops

Machine-readable OTC derivatives contracts move a step closer

Regulatory efforts to introduce more automation in manually-driven over-the-counter derivatives trading have been advanced by the publication of new research into the feasibility of rendering OTC documentation in machine-readable format.

11 April 2011

News/Post-trade & ops

Bolero and Swift agree trade services pact

Internet-based trade finance utility Bolero has brokered an agreement with financial co-operative Swift to use the FileAct network for corporate-to-bank messaging.

29 March 2011