Post-trade & ops

3722 articles tagged with this keyword

/Post-trade & ops

Dubai buys SmartStream for £200m

The Dubai International Financial Centre (DIFC) - owner of the Dubai Stock Exchange - has agreed a deal to acquire British fintech vendor SmartStream Technologies for £200 million.

/Post-trade & ops

Algorithmic trading to drive e-fx volumes - Tabb

Increasing use of rules-based automated technology will result in as much as 80% of global foreign exchange trading being conducted electronically by 2010, up from 62% at the end of 2006, according to new research from analyst group Tabb.

/Post-trade & ops

French firms subscribe to Avox MiFID classification service

French firms Calyon, CM CIC Securities and Société Général Corporate and Investment Banking have signed up to the MiFID classification service provided by Deutsche Börse subsidiary Avox.

/Post-trade & ops

More liquidity moving to the dark side - EdgeTrade

The seepage of liquidity away from traditional execution venues to internal dark trading pools is continuing unabated according to share trading data released by US electronic broker EdgeTrade.

/Post-trade & ops

LiquidityHub goes live

LiquidityHub, the central fixed income pricing aggregator backed by 16 dealers, has gone live with the launch of a pricing service for euro interest rate swaps.

/Post-trade & ops

Icap acquires FX post-trade processor Traiana

Interdealer broker Icap has agreed to buy FX settlement outfit Traiana for $238 million in cash and $9 million in shares.

/Post-trade & ops

Omgeo offers MiFID reporting service

Post-trade processing house Omgeo has updated its transaction reporting service to comply with new EU trading regulations under the Markets in Financial Instruments Directive and has been certified by the Financial Services Authority as an Approved Reporting Mechanism.

/Post-trade & ops

SunGard's CSA project enters proof-of-concept stage

After five years of development, SunGard's common services architecture framework for its technology portfolio, known as Infinity, has begun active testing with a number of unnamed banks.

/Post-trade & ops

Banks see opportunities in corporate cash management

The ability of corporates to efectively manage their cash is being compromised by their heavy reliance on Excel spreadsheets and manual processing, suggesting a bigger role for the banking community in providing added value advisory services, according to research from Aite.

/Post-trade & ops

JPMorgan to roll out new corporate actions reporting service

A pilot scheme to collect and compare corporate actions announcements from multiple sources for client reporting purposes has been successfully completed by JPMorgan Worldwide Securities Service.

/Post-trade & ops

Banks must understand our back-office say corporate treasurers

Corporate representatives attending the Swift banking conference have told banks that they must develop a deeper insight into treasury back-office and IT processes if they wish to play a bigger role in the financial and physical supply chain.

/Post-trade & ops

BBH and Omgeo partner for post-trade service

Omgeo and US private bank Brown Brothers Harriman (BBH) have collaborated to link their post-trade communications platforms through a single interface.

/Post-trade & ops

European payment processors in interoperability pact

European payments processors Equens, Iberpay, Seceti Stet and VocaLink have jointly agreed to establish bilateral interoperability for the exchange of Sepa payments.

/Post-trade & ops

Depositories question European Central Bank settlement plans

The two leading central securities depositories (CSDs) Euroclear and Clearstream have asked for more clarity over the European Central Bank's (ECB) plan to introduce a single platform for European securities settlement through the Target2 Securities (T2S) project.

/Post-trade & ops

Sun treasury works with BofA on ISO20022 payments messaging

The growing support among both corporates and banks for the ISO 20022 messsaging standard was illustrated today with the news that Bank of America and Sun Microsystems are piloting a payments processing system based on the specification.

/Post-trade & ops

VocaLink sets up closed user group for SwiftNet bulk payments

UK transaction processing house VocaLink is to operate a Market Infrastructure Closed User Group utilising SwiftNet Bulk Payments for its euro services business.

/Post-trade & ops

WestLB signs with Bolero for multi-bank trade finance platform

Germany's WestLB is to use the Bolero trade finance platform to provide automated multi-bank services to its corporate customers for processing Letters of Credit and Guarantees.

/Post-trade & ops

Citi and Fundtech team up for cross-border payments

Citi Global Transaction Services has signed a reciprocal deal with EFT vendor Fundtech designed to streamline international funds transfer processing for correspondent banks.

/Post-trade & ops

Santander selects Microsoft products for global payments overhaul

Spain's Grupo Santander is to use Microsoft technology to upgrade and consolidate payments systems across its international business operations.

/Post-trade & ops

CheckFree introduces hosted reconciliation and exception management service

US e-banking and payments vendor CheckFree is launching a hosted reconciliation and exception management service aimed at financial services firms and corporations.