Post-trade & ops

3714 articles tagged with this keyword

/markets

BNP Paribas invests in AccessFintech

BNP Paribas is the latest banking giant to invest in AccessFintech, joining a previously announced Series C funding round for the capital markets specialist.

/people

Cboe appoints Vikesh Patel president, Cboe Clear Europe

Cboe Global Markets Inc. (Cboe: CBOE), a leading provider of global market infrastructure and tradable products, today announced the appointment of Vikesh Patel as President of Cboe Clear Europe, its leading pan-European clearing house.

/markets

LSEG to acquire Acadia

London Stock Exchange Group is to acquire Acadia, a provider of automated margin processing and integrated risk services for uncleared deriviatives.

/Post-trade & ops

Canadian Securities Administrators outlines steps for T+1 transition

The Canadian Securities Administrators (CSA) today published for comment proposed rule amendments to National Instrument 24-101 Institutional Trade Matching and Settlement (NI 24-101) to support the transition from a two-day Canadian trade settlement cycle to a one-day settlement cycle.

/cloud

Intech signs for SimCorp Investment Operations Service

Intech, a quantitative asset manager investing on behalf of pension funds, governments, endowments, and other institutional investors worldwide, has selected SimCorp as its partner for the implementation of SimCorp's state-of-the-art Investment Operations Service solution.

/regulation

Regulators increase scrutiny of ASX post-trade arrangements

Today ASIC and the Reserve Bank of Australia (RBA) (the regulators) have taken further action to ensure that all necessary steps are taken by ASX to support and maintain current CHESS until its replacement is successfully implemented.

/people

Taskize appoints former Morgan Stanley MD James Pike as head of business development

Taskize, the leading provider of inter-company workflow to the financial services industry, has announced the hire of former Morgan Stanley Managing Director James Pike as Head of Business Development.

/markets

KfW first to issue digital fixed-income bond on Clearstream D7

KfW is the first issuer to have launched a digital fixed-income bond in the form of central register security based on the German Electronic Securities Act (eWpG).

/crypto

Fnality and HQLAX run PoC of cross-chain repo swap settlement

Fnality and HQLAX announce the successful completion of the first proof of concept (PoC) delivery versus payment (DvP) repo settlement across the Fnality Payment System (FnPS) and HQLAX’s Digital Collateral Registry, bridging the distributed ledger technologies (DLT) of Enterprise Ethereum and R3 Corda, respectively.

/wholesale

MUFG becomes first Japanese bank to commit to CLSNet

CLS, a market infrastructure group delivering settlement, processing and data solutions, today announces that MUFG Bank is the first Japanese bank to commit to using CLSNet, CLS’s bilateral payment netting calculation service for over 120 currencies.

/markets

Finastra onboards Fragmos Chain’s blockchain platform for OTC derivatives market

Today Finastra announced a collaboration with Fragmos Chain, a blockchain platform which digitalizes interactions between financial institutions, to provide Finastra customers with out-of-the-box integration with Finastra Summit, its over-the-counter (OTC) derivatives market solution.

/markets

ASX takes A$250m hit after scrapping DLT-based Chess replacement project

The Australian Securities Exchange (ASX) is pulling the plug on its much-delayed blockchain-based post-trade network, writing off about A$250 million.

/markets

OeKB completes installation of CSD issuer platfrom

OeKB CSD, the Austrian Central Securities Depository, and Montran, a leading provider of capital market software, today announced the successfully completed implementation of the OeKB CSD Issuer Platform: a platform for the digital management of securities based on Montran's core Central Securities Depository (CSD) solution.

/people

DTCC names Nashira Spencer chief security officer

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the appointment of Nashira Spencer as Chief Security Officer (CSO), effective November 7, 2022.

/wholesale

Survey shows support for shorter settlement cycles

The majority of market participants expect the settlement cycle for equities to shorten to T+1 within the next five years, according to recently published research.

/payments

SmartStream introduces account control package for shift to ISO 20022

SmartStream, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announces the launch of TLM Aurora Advanced Account Control, enabling clients to be ready for ISO 20022 standards - the new AI-enabled solution will allow customers to manage large, verified data sets, not only for reconciliation purposes, but for downstream systems.

/payments

SmartStream ships AI-enabled technology for exceptions management

SmartStream, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announces the launch of SmartStream Air version 7 - to further control exceptions management using advanced cloud-native AI technology.

/markets

Swift to bring end-to-end view of post-trade processing

Following a successful pilot, Swift is gearing up to launch a service designed to increases transparency in post-trade processing and prevent settlement fails.

/markets

Deutsche Börse and Chile’s Santiago Exchange enter market data partnership

Deutsche Börse and Chile’s Santiago Exchange have entered a market data partnership under which Deutsche Börse will provide access to the full range of market data products of Latin America’s third-largest exchange. In its role as licensor, Deutsche Börse will offer real-time and delayed data. The corresponding information product includes both the Santiago Exchange Indices and the Santiago Exchange Spot Market.

/crypto

MJ Hudson releases custody benchmarking feature for digital asset investors

MJ Hudson, the end-to-end solutions provider to the asset management industry, has introduced a new custody benchmarking service specifically for clients investing in digital assets.