Post-trade & ops

3714 articles tagged with this keyword

/Post-trade & ops

T2S costs creep up, but business case remains 'robust' says ECB

The European Central Bank has released preliminary figures outlining the fees that will be charged to market participants for using the forthcoming cross-border Target 2 Securities settlement system.

/Post-trade & ops

Capital markets firms spend $13.4bn on trading infrastructures in 2010 - Tabb

Capital markets firms around the world are set to spend $13.4 billion this year, across asset classes, on trading infrastructures, according to a report from Tabb Group.

/Post-trade & ops

JPMorgan prioritises tech investment as Compton moves to chief admin post

JPMorgan has named Paul Compton as chief administrative officer of its investment bank, as it bids to streamline and improve technology across the business, the Wall Street Journal reports.

/Post-trade & ops

BNP Paribas deploys Clear2Pay framework for Asian payments hub

BNP Paribas has selected technology from Clear2Pay to build a single payments management platform covering 13 countries in Asia.

/Post-trade & ops

Acquisitions are now part of Swift's 2015 'toolkit'

Interbank co-operative Swift says it could be in the market for more acquisitions following its recent deal to acquire SunGard's Ambit Messaging Hub gateway product.

/Post-trade & ops

CESR considers mandatory electronic trade confirmation for OTC derivatives

The Committee of European Securities Regulators is considering mandating the use of electonric trade confirmation in the over-the-counter derivatives market as part of a regulatory overhaul designed to promote further standardisation and shift more dealing to organised trading venues.

/Post-trade & ops

Swift to acquire SunGard's Ambit Messaging Hub

Interbank co-operative Swift is to buy SunGard's Ambit Messaging Hub, which offers banks and corporates a high volume interface to the international financial messaging network. Terms of the transaction were not disclosed.

/Post-trade & ops

DTCC buys reference data firm Avox; plans European trade reporting repository

The Depository Trust & Clearing Corporation (DTCC) has acquired Avox, a UK-based reference data firm majority-owned by Deutsche Börse in a cash deal valuing the business at a "low double digit million GBP figure".

/Post-trade & ops

Nasdaq OMX to build Nordic clearing house for interest rate swaps

Nasdaq OMX has initiated a pilot project with SEB and the Swedish National Debt office to offer central counterparty clearing of interest rate swaps as a prelude to the creation of a full scale clearinghouse for IRS in Swedish kronor.

/Post-trade & ops

Broadridge buys City Networks

Broadridge Financial Solutions has acquired City Networks, a long-standing UK-based provider of reconciliation, multi-asset process automation and operational risk management software and services to the finance industry. Financial terms were not disclosed.

/Post-trade & ops

Finextra: the conversation started a decade ago

Finextra is celebrating a decade of innovation as the leading news service, information resource and community platform for financial technology professionals worldwide.

/Post-trade & ops

Misys and SmartStream forge post-trade STP tie-up

Fintech vendors Misys and SmartStream Technologies have formed a partnership designed to tackle risk control problems and inefficiency across the trade transaction lifecycle.

/Post-trade & ops

DTCC moves a step closer to corporate actions standardisation

The Depository Trust & Clearing Corporation (DTCC) has released for public comment a first set of drafts of corporate action announcement messages under the international ISO 200022 format.

/Post-trade & ops

Wall Street Systems makes eBAM move with Speranza acquisition

Wall Street Systems has acquired the assets of electronic bank account management (eBAM) specialist Speranza Systems. Financial terms of the deal were not disclosed.

/Post-trade & ops

Swift EBAM standard goes live

Financial messaging network Swift has gone live with its new standard for electronic bank account management (EBAM).

/Post-trade & ops

ECB confirms delay to T2S

The European Central Bank confirms that it has ripped up its original timetable for the introduction of a pan-European securities settlement system as it seeks to streamline its working procedures and gain a new consensus around the controversial project.

/Post-trade & ops

Andrew Douglas quits Swift for DTCC

Andrew Douglas has quit the Brussels-based banking co-operative Swift to join the Depository Trust and Clearing Corporation, where he will lead the US depository's public affairs efforts in Europe.

/Post-trade & ops

Nasdaq OMX to launch electronic Nordic Fund Market

Nasdaq OMX is to launch a new Nordic Fund Market (NFM) to provide an electronic alternative to manage the transactions between fund distributors and fund management companies.

/Post-trade & ops

Flatley displaces Wise and Close as CEO and president of Netik

Rob Flatley, the former head of Autobahn equity at Deutsche Bank, has been named CEO and president of securities data management outfit Netik, ousting long-term CEO and co-founder John Wise and incumbent president Colin Close.

/Post-trade & ops

FPL unveils algo trading definition language; forecasts wide uptake

FIX Protocol Limited (FPL) has launched an industry standards-based messaging language for algorithmic trading strategies.