Post-trade & ops

3702 articles tagged with this keyword

/regulation

Proxymity launches digital voting service in US

Investor communications platform Proxymity has launched its digital voting service in North America.

/markets

Legacy technology maintenance eating up budgets of FMIs

Nasdaq (Nasdaq: NDAQ) today published the results of a major global survey across the post-trade ecosystem, including over 300 decision makers from exchange groups, custodians, brokers, and other service providers. The report was produced in partnership with the ValueExchange.

/markets

Broadridge ships all-in-one reconciliation and matching platform

Tackling both reconciliation and data integrity challenges, global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) today announced the launch of BRx Match, a holistic cloud-based reconciliation and matching solution.

/wholesale

CLS enrols Barclays and Danske Bank to its settlement platform

CLS, a market infrastructure group delivering settlement, processing and data solutions, today announces that three settlement members, including Barclays Bank and Danske Bank, have enrolled in its cross currency swaps (CCS) settlement service. They are joining a growing community of settlement members on the service, including some of the world’s largest banks. The service has witnessed continued growth in recent months, with a 38% year-on-year increase in the values of CCS submitted to CLSSettlement (H1 2023).

/Post-trade & ops

The Future of the Global Financial Ecosystem 2024

1047 downloads

/crypto

ClearToken completes proof-of-concept for centralised clearing of digital assets

ClearToken, the new Clearing House for digital assets, announces the successful completion of its Proof of Concept (PoC) to deliver a critical but missing element to the digital assets space.

/markets

SSimple signs EquiLend as first client

SSImple, a SaaS DLT platform that aims to fundamentally change the way standing settlement instructions (SSIs) are stored, shared, and enriched across the financial services industry, today announced it has partnered with the global securities finance technology firm EquiLend to power an enhanced SSI repository and management solution.

/payments

SSimple completes investment round and appoints Matthew Cook as chairman

SSImple, a SaaS DLT platform that aims to fundamentally change the way standing settlement instructions (SSIs) are stored, shared, and enriched across the financial services industry, today revealed that it has successfully concluded an angel funding round, thereby bolstering SSImple’s potential as it actively drives forward its business expansion efforts.

/markets

TT boosts cross-asset offering with Abel Noser Solutions acquisition

Capital markets tech vendor Trading Technologies has agreed to buy Abel Noser Solutions (ANS), a provider of transaction cost analysis for investment managers, brokers, asset owners and consultants. Financial terms of the deal were not disclosed.

/people

Asic welcomes appointment of Alex Cameron to lead ASX clearing and settlement advisory group

ASIC Chair Joe Longo has welcomed the establishment of a new Advisory Group to advise ASX Clear and ASX Settlement on strategic clearing and settlement issues.

/markets

Transition to T+1 requires significant middle and back office overhaul

A report from Torstone Technology, a leading SaaS platform for post-trade securities and derivatives processing, and Chartis Research, a globally recognised authority in research and advisory services, has revealed that legacy middle and back-office infrastructure needs to be upgraded to support the shift to a T+1 settlement cycle, or risk non-compliance.

/regulation

ISS launches mobile voting tool

Institutional Shareholder Services Inc. (ISS), a leading provider of corporate governance and sustainable investment solutions to financial market participants, today launched ISS Exchange, a streamlined, mobile-friendly voting solution, to augment its Global Proxy Distribution (GPD) offering.

/markets

Barclays RepoHack 2023 seeks industry ‘buy-in’ to re-shape post-trade repos

Barclays today opened registrations for the Barclays RepoHack 2023, an industry hackathon that will set market participants the challenge of building novel solutions for repo post-trade services.

/markets

NGX plots move to T+1

Due to the current reforms and competition among exchanges in global financial markets, Nigerian Exchange Limited (NGX) on Thursday revealed that it is working assiduously with the Central Securities Clearing System (CSCS) Plc and other stakeholders to reduce the settlement cycle from T+3 to T+1 over the next few years.

/crypto

Bitpanda crypto exchange spins out with €30m funding

Digital asset exchange Bitpanda Pro has spun out from its parent company and raised €30 million in a funding round led by Peter Thiel’s Valar Ventures.

/wholesale

Deutsche Bank applies for digital asset licence

Deutsche Bank has become the latest investment bank to announce its push into the crypto custody market.

/markets

Delta Capita unveils DLT venture with Montis as anchor client

agora Digital Capital Markets (“agora”), the creator of the preissuance workflow collaboration tool - agoraPlatform, and Montis Group (“Montis”), a pioneer in Central Security Depository (CSD) utilities for digital securities, have agreed a strategic partnership to create an end-to-end platform for conventional and digital securities in the highly regulated fixed income markets.

/markets

CGS-CIMB Securities signs with Torstone

Torstone Technology, a leading SaaS provider of post-trade securities and derivatives processing solutions, is pleased to announce a strategic partnership with CGS-CIMB Securities, a leading securities house in the Asia-Pacific region.

/markets

Cboe Clear Europe to introduce clearing services for securities financing transactions

Cboe Global Markets Inc. (Cboe: CBOE), the world’s leading derivatives and securities exchange network, today announced that Cboe Clear Europe, its Amsterdam-based clearing house, is planning to introduce a Central Counterparty (CCP) clearing service for securities financing transactions (SFT) in Q3 2024, subject to regulatory approvals.

/markets

FIA Tech snags $25.4 million for Trade Data Network

Seven major global banks have shelled out $25.4 million to fund the ongoing development of a post-trade service for exchange traded derivatives.