Post-trade & ops

3721 articles tagged with this keyword

/markets

After blockchain bungle, ASX confirms work programme to maintain Ches

ASX today released a special report relating to CHESS, the clearing and settlement system for Australia’s securities market.

/crypto

Monoova executes cross-border settlement using Australian dollar CBDC

On Friday, the Reserve Bank of Australia (RBA), in collaboration with the Digital Finance Cooperative Research Centre (DFCRC), held an invitation only conference in Sydney for participants in the Australian Central Bank Digital Currency (CBDC) pilot project.

/markets

DTCC collaborates with Nomura Research Institute to bring central matching tech to Japan

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced its collaboration with Nomura Research Institute (NRI) to provide automated central matching capabilities for cash securities transactions in Japan.

/markets

ASX establishes Chess replacement Partnership Program

Following a number of stakeholder discussions since pausing CHESS replacement in late 2022, ASX began developing the CHESS replacement Partnership Program (“Partnership Program”) to recognise future industry cooperation on the project.

/markets

BNP Paribas integrates with Bloomberg AIM to boost post-trade workflows

BNP Paribas’ Securities Services business and Bloomberg today announced an integration that brings together BNP Paribas’ multi-asset servicing capabilities with Bloomberg AIM, a leading buy-side order management system.

/startups

SaaS DLT platform for post-trade SSimple launches

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 launched its post-trade offering following an extensive testing period.

/markets

ASX updates on Chess replacement partnership programme

ASX today released details of proposed eligibility criteria for certain stakeholders to receive an incentive payment as part of the CHESS Replacement Partnership Program, (“Partnership Program”).

/markets

Nasdaq Private Market launches transfer and settlement service

Nasdaq Private Market (NPM), a trusted, institutional marketplace for the efficient trading of private company stock, announced today that it has launched a new, open access service to efficiently settle private company transactions regardless of trading venue.

/markets

Delta Capita buys SETL capital markets business

Delta Capita is setting up a distiributed ledger venture, acquiring the capital markets business of blockchain firm SETL and signing up Montis Group as an anchor client and minority investor.

/markets

CAT Financial implements Broadridge post-trade tech

CAT Financial Products Ltd. (CATFP), one of the leading independent Swiss providers of securities and investment services for structured products, has transformed its front to back office processing efficiency by implementing the international multi-asset post-trade processing solution from global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR).

/markets

Broadridge and Linedata expand partnership

To better automate the middle and back-office functions around trade matching, global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE: BR), today announced an expansion of its partnership with Linedata, a global provider of asset management and credit technology data and services.

/markets

Broadridge promises improved straigh-through processing with new package

Today Broadridge Financial Solutions, Inc. (NYSE: BR) announced the launch of a trading solution that enables clients to achieve increased straight-through processing and efficiency, better trading decisions and client insights, improved controls, and reduced risk.

/markets

Azerbaijan modernises capital markets infrastructure with Montran

The National Depository Center (NDC) of the Republic of Azerbaijan, The Baku Stock Exchange (BSE), and Montran announced the successful implementation of "CEDAR", NDC's Central Securities Depository (CSD) platform, and "BETP", BSE's Trading System.

/regulation

Asic commences investigation into ASX's bungled Chess replacement project

ASIC has confirmed to ASX that it has commenced an investigation into suspected contraventions of the ASIC Act 2001 and the Corporations Act 2001 in relation to the CHESS.

/markets

UK market participants sees risks in move to T+1

As the US prepares to shorten the settlement cycle, market participants in the UK are expressing concern about potential operational, technological and cost hurdles, warns a report from Torstone Technology.

/crypto

Nomura invests in digital asset clearing house ClearToken

Nomura's digital assets subsidiary, Laser Digital, has invested in ClearToken, a startup prepping a clearing house to the digital asset marketplace. Terms of the investment were not disclosed.

/markets

Jennison goes live on corfinancial's Salerio trade processing system

corfinancial, a leading provider of specialist software to the financial services sector, announces that New York-based investment manager Jennison Associates (Jennison) has implemented Salerio, their post-execution trade processing, matching, confirmation and settlement instruction management system.

/people

ASX adds dedicated CIO position

The Australian Securities Exchange (ASX) is creating a standalone technology division under a dedicated chief information officer.

/crypto

Crypto firm Copper makes job cuts

UK digital asset custody and trading startup Copper is ditching its enterprise business and making job cuts as it faces up to the crypto sector's market and regulatory woes.

/cloud

Northern Trust partners with SimCorp for outsourcing offering

As part of its continuing Whole Office™ strategy to serve client needs across the entire investment lifecycle, Northern Trust (Nasdaq: NTRS) has reached an agreement with SimCorp®, a leading provider of Software as a Service (SaaS) investment management solutions, to enable integration for efficient data exchange for clients using the SimCorp Dimension® platform.