Post-trade & ops

3714 articles tagged with this keyword

/Post-trade & ops

InCore selects Orc trading technology

Switzerland's InCore Bank has licensed electronic trading technology from Swedish vendor Orc Software for its proprietary trading business.

/Post-trade & ops

Link Up Markets contracts with Clearstream for IT build

European depository Clearstream is to work with Tata Consultancy Services to develop and operate the IT infrastructure for Link Up Markets, the settlement services joint venture company set up by seven European CSDs.

/Post-trade & ops

Citi to issue digital IDs to corporate clients

Citi's Global Transaction Services Business unit is rolling out a digital ID service for corporate customers transacting online.

/Post-trade & ops

Buy-side OMS spending to soar - TowerGroup

Global buy-side spending on order management systems (OMS) is set to rise from $450 million in 2008 to $699 million in 2012 - a compound annual growth rate (CAGR) of 12% - according to research from TowerGroup.

/Post-trade & ops

Caisses d'Epargne implements Smart Trade transaction platform

Paris-based Caisse Nationale des Caisses d'Epargne (CNCE) is deploying a liquidity management system from French vendor Smart Trade Technologies to deliver automated electronic trading services to its 17 member banks.

/Post-trade & ops

EuroCCP claims lowest clearing costs in Europe

If European firms used the EuroCCP platform to clear all trades, the industry could slash costs and save around EUR350 million a year, claims the DTCC subsidiary.

/Post-trade & ops

Swift to process bank-to-corporate trade data

Banks and corporates have been given the go-ahead to use the Swift financial messaging network for the exchange of trade finance-related information, including Letters of Credit advice and applications.

/Post-trade & ops

Logicscope names John Barber CEO

UK post-trade software vendor Logicscope has appointed industry veteran John Barber as its new chief executive officer (CEO).

/Post-trade & ops

Industry association to probe exchange clearing

The Futures and Options Association (FOA) is to probe plans by IntercontinentalExchange (ICE) and Liffe to establish clearing houses in Europe as part of a larger investigation into the exchange clearing business in the region.

/Post-trade & ops

Banks back TradeWeb STP network

TradeWeb says its dealer-owners have committed to use its expanded straight-through processing (STP) platform for the voice and electronically-traded fixed income securities that they trade with customers.

/Post-trade & ops

State Street Global Markets acquires SSISearch

Investment research and trading outfit State Street Global Markets has acquired UK reference data provider SSISearch. Financial terms of the deal were not disclosed.

/Post-trade & ops

Outsourcing and offshoring take centre stage at Finexpo

Finexpo - Outsourcing Strategies, a new one-day conference and exhibition from Finextra on 5 June in London will feature keynote presentations from Deutsche Bank, IBM and Société Générale. It will also feature panel discussions covering best practice and the latest outsourcing trends on the sell-side and buy-side - from business processes such as trade execution, risk management and analysis through to back-office processing, infrastructure and application development.

/Post-trade & ops

Standards bodies collaborate for interoperability

The major financial market standards bodies have collaborated to create an 'investment roadmap' aimed at eventually establishing ISO 20022 as the common financial messaging standard, while maintaining the existing independent protocols.

/Post-trade & ops

Omgeo moves to eliminate paper confirm disclosures

Post trade processing outfit Omgeo says its broker dealer clients will soon be able to eliminate paper-based disclosures associated with trade confirmations and send the information electronically, whilst complying with SEC regulations.

/Post-trade & ops

Back offices buckle under OTC volume surge

Despite concerted efforts since 2005 to improve operational efficiency in the credit derivatives markets, trading surges in the OTC markets since the credit crunch have resulted in corresponding spikes in unconfirmed trades clogging up back offices.

/Post-trade & ops

Crunch to squeeze sell side spending on technology

Spending on technology by sell side firms in North America will rise at a compound annual growth rate (CAGR) of just 1.3% through to 2011 - down significantly from the 8.5% growth seen between 2004 and 2007, as companies hit by the credit crunch revise IT budgets, according to a study by analyst house Celent.

/Post-trade & ops

Furse calls for regulators to intervene on vertical silos

London Stock Exchange (LSE) chief executive Clara Furse has called on the UK's regulators to act to prevent a "domino effect" of spreading anti-competitive behaviour in the exchange clearing business.

/Post-trade & ops

Swift messaging framework for hedge funds gathers pace

Financial messaging network Swift is looking to extend its influence into the hedge fund sector with the introduction of a new set of message standards for automating communications in the transaction chain.

/Post-trade & ops

European securities depositories to launch settlement venture

A group of seven European central securities depositories (CSDs) are gearing up to launch a joint venture aimed at cutting settlement costs across the region in accordance with the European Commission's voluntary code of conduct.

/Post-trade & ops

Fed warns of persistent processing problems in OTC derivatives market

Despite moves by the largest credit derivatives dealers to clear settlement backlogs, the major volume surges in mid-2007 showed that "processing challenges" still persist in the over the counter derivatives (OTC) markets, says The Federal Reserve Bank of New York.