Post-trade & ops

3714 articles tagged with this keyword

/Post-trade & ops

EDM vendor Citadel appoints Peter Little CEO

Citadel, a London-based provider of enterprise data management (EDM) technology, has appointed fintech veteran Peter Little as its new chief executive officer (CEO).

/Post-trade & ops

Deutsche Börse requests market access under new clearing code

Germany's Deutsche Börse has made formal requests for interoperability and mutual access to exchanges, clearing houses and settlement platforms in five European markets under the new voluntary code of conduct.

/Post-trade & ops

Thunderhead to automate FpML processing for OTC trades across SwiftNet

UK-based Thunderhead has signed a partnership agreement with financial industry network Swift aimed at simplifying OTC derivative post-trade processing across the SwiftNet platform via the use of industry standard FpML messaging.

/Post-trade & ops

STAC sets up benchmark council for trading technology

The Securities Technology Analysis Center (STAC) has recruited seven top Wall Street firms to kick-start a programme for measuring the performance of trading technology solutions.

/Post-trade & ops

Eurex Clearing and SIS x-clear agree interoperability pact

European clearing houses Eurex Clearing and SIS x-clear say they are working together to develop and secure full interoperability and mutual access to the virt-x exchange and the Frankfurt Stock Exchange.

/Post-trade & ops

Deutsche Bank to shield corporate customers from Sepa changes

Deutsche Bank has unveiled a four-pillar strategy to handle all payments with Sepa criteria in the same way as legacy domestic mass payments, irrespective of format, value and access channel. It will also provide message transformation, a new account model, and support for transaction initiation and reconciliation processes for its corporate clients.

/Post-trade & ops

CheckFree adds OTC derivatives processing to TradeFlow

US fintech vendor CheckFree has added an over-the-counter (OTC) derivatives processing module to its post-trade securities processing system, TradeFlow.

/Post-trade & ops

SmartStream plans October IPO

SmartStream will list on the London Stock Exchange in early October and hopes to raise £70-£100 million, giving the company a market capitalisation in the range of £250-£300 million. This would make it London's largest main board listing of a technology company since 2001.

/Post-trade & ops

Murex signs La Caxia to MX.3 platform

Spanish savings bank Caixa d'Estalvis i Pensions de Barcelona (La Caixa) is installing Murex's integrated cross-asset trading and risk management platform MX.3 across its treasury division.

/Post-trade & ops

Finextra launches professional network

Finextra is proud to announce the live launch of Finextra Communities, a professional networking site developed exclusively for the global financial technology industry.

/Post-trade & ops

E-invoicing network to save EUR243 billion in EU supply chain costs

The European Commission (EC) is setting up a steering committee to oversee the establishment of a common invoicing framework that would allow businesses across the region to send invoices and receive corresponding payments electronically.

/Post-trade & ops

Boat gears up for November launch; Turquoise board appointed

Project Boat, the European trade reporting platform that is being established by nine City investment banks, will start reporting two-thirds of the EU's off-exchange share trades when it launches in November.

/Post-trade & ops

LCH.Clearnet calls on Germany and Milan to open markets under new clearing code

LCH.Clearnet is to test a new voluntary code for improving transparency in European securities markets by issuing formal requests to both Deutsche Börse and Borsa Italiana for full interoperability with Eurex Clearing and Cassa di Compensazione e Garanzia respectively.

/Post-trade & ops

Dexia turns to Sterci for payments overhaul

Dexia Bank Belgium is to use the Stelink messaging platform from Swiss-based Sterci to renew its payments infrastructure ahead of the introduction of the Single Euro Payments Area (Sepa) and the Target 2 funds transfer system.

/Post-trade & ops

Deloitte details costs of mutual fund processing failures

The European investment funds industry could cut processing costs by 25% and gain over EUR250 million by streamlining trading, settlement and custody of cross border mutual funds distribution, according to a study conducted by Deloitte and released by securities depository Clearstream.

/Post-trade & ops

New clearing code to abolish cross-border barriers

The European Commission is ready to endorse a set of industry-agreed guidelines to remove national domestic barriers to share trading platforms and establish interoperability between clearing and settlement organisations in Europe.

/Post-trade & ops

Omgeo signs Netherlands' pension fund ABP to Central Trade Manager

ABP Investments, the world’s second largest pension fund and the Netherlands’ biggest, has gone live on Omgeo Central Trade Manager (CTM).

/Post-trade & ops

Microsoft demos stock trading application based on latest technologies

Microsoft has created a sample online stock trading application to persuade the securities industry that its Windows Communication Foundation (WCF) and .NET technologies can be used for high-performance applications within a service-oriented architecture.

/Post-trade & ops

Lloyds TSB automates payments exceptions with Pegasystems

UK banking group Lloyds TSB is implementing the Smart Investigate package from Massachusetts-based Pegasystems to automate and streamline payment exception management processes.

/Post-trade & ops

Omgeo names Tim Lind MD, strategic planning

Trade matching utility Omgeo has recruited industry veteran Tim Lind as managing director, strategic planning.