Post-trade & ops

3714 articles tagged with this keyword

/Post-trade & ops

ING selects Microsoft for settlement connectivity via Swift

Microsoft has been contracted by Holland's ING Investment Management to provide its BizTalk Server as the financial messaging platform for Swift connectivity to its settlement partner Bank of New York Mellon.

/Post-trade & ops

Omgeo moves into derivatives with Allustra acquisition

Omgeo has acquired London-based collateral management house Allustra, for an undisclosed sum. In addition, the post-trade processor has acquired a derivatives portfolio reconciliation platform designed by Global Electronic Markets (GEM), after piloting the technology with a large broker/dealer and global hedge fund.

/Post-trade & ops

Swift launches Lite interface in bid to win over low volume prospects

Financial messaging network Swift is looking to have as many as 60 corporate and banking customers in live production of the new Lite interface device by the end of the year.

/Post-trade & ops

HSBC to woo clients with BIC and Iban conversion kit

HSBC is partnering with Petra Financial to offer its clients automated BIC and Iban directory and validation tools for Sepa-compliant cross-border payments.

/Post-trade & ops

Broadridge seeks counterparties for XML-based proxy voting messages

Outsourcing provider Broadridge has registered its newly developed XML-based messaging service for proxy voting with Swift so that it can be used over the co-operative's SwiftNet channel.

/Post-trade & ops

IT complexity biggest obstacle to corporate transaction banking - Finextra survey

A survey by Finextra Research and Misys reveals that 45% of banks say their ability to provide a joined up service to corporates is average or worse. But to counter this, more and more banks are consolidating lines of business into a transaction banking group, and investing more in new products delivered online.

/Post-trade & ops

Swift extends E&I service to corporates

Financial messaging network Swift has extended its payment exceptions and investigations (E&I) package for corporate use, with the first companies expected to go live with the technology at the end of the month.

/Post-trade & ops

PayPal and OB10 team on e-invoicing

PayPal has teamed with electronic invoicing outfit OB10 to create an automated e-invoicing application for the UK business community.

/Post-trade & ops

Eurofi calls for stricter enforcement of post-trade rationalisation programmes

European think tank Eurofi has called on the European Commission to institute tougher enforcement of settlement harmonisation and consolidation programmes aimed at cutting costs of cross-border post-trade services across the EU.

/Post-trade & ops

Equens and VocaLink establish Sepa interoperability

European payments processors Equens and VocaLink have implemented a bilateral link for the exchange of single euro payments area (Sepa) transfers using procedures established under the European Automated Clearing House Association (Eacha) framework.

/Post-trade & ops

Euroclear and DTCC eye syndicated loans processing

Euroclear has won the support of ten global banks to test a new multicurrency post-trade service for syndicated loan transactions, dubbed LoanReach.

/Post-trade & ops

Finextra unveils SibosOnline 2.0

Finextra is introducing a raft of innovative and interactive Web 2.0 services for visitors to this year's Sibos conference and exhibition in Vienna, including a user-generated photo archive, exhibition floor e-mail hospitality alerts, and a dedicated Sibos Green Zone, for coverage of bank and vendor-led environmentally-friendly technology initiatives.

/Post-trade & ops

Calls grow for more action on trade verification

Tabb Group forecasts that nearly $170 million will be spent in 2010 by major sell-side broker-dealers to automate the affirmation process and mitigate the potential risk resulting from trade exceptions in the credit default swaps market.

/Post-trade & ops

SunGard to launch new messaging platform

Fintech giant SunGard is gearing up to unveil a new financial messaging platform which it says will enable customers to consolidate all activity, regardless of format.

/Post-trade & ops

Failed payments costing Europe's banks EUR21bn a year - Misys

Despite the introduction of the single euro payments area this year, failed cross border transactions are costing European banks EUR21 billion a year, according to Misys.

/Post-trade & ops

New post-trade rules proposed to remove barriers to cross-border trading

An advisory group has put forward recommendations for breaking down legal barriers to the cross-border holding and settlement of securities in the European Union, including proposals to enable issuers to choose which central securities depository they want to use.

/Post-trade & ops

Finexpo to focus on new execution landscape

The Finexpo - Execution Management conference and exhibition has opened for registration. The event, on Thursday 16 October at The Brewery in London, will focus purely on trade execution, order routing, low-latency data provision and productivity tools for the front-office.

/Post-trade & ops

Eurex ventures into OTC derivatives clearing

Swiss German derivatives exchange Eurex is in talks with infrastructure providers about introducing a clearing platform for the over-the-counter (OTC) credit markets.

/Post-trade & ops

Markit and DTCC form derivatives trade processing JV

The US Depository Trust & Clearing Corporation (DTCC) and UK-based Markit are teaming up to launch a London-based joint venture that will combine their respective OTC derivatives processing services.

/Post-trade & ops

ECB launches T2S settlement harmonisation project

The European Central Bank is to press ahead with the launch of its contentious settlement harmonisation project Target2-Securities and has assigned the development and operation of the facility to the Deutsche Bundesbank, the Banco de España, the Banque de France and the Banca d'Italia.