Latest Post-trade & ops News: Finextra Research

ASX bows to demands for updated clearing and settlement arrangements

ASX has updated its Cash Equities Clearing and Settlement Code of Practice (Code) to align with the set of Regulatory Expectations released today by the Council of Financial Regulators (CFR).

12 October 2016

Company update/Post-trade & ops

London bullion market selects Cinnober's Boat for trade reporting

The London Bullion Market Association (LBMA) announces today that Boat Services Ltd, in a joint submission with Autilla, has been selected as the chosen provider in the LBMA’s Request for Proposal (RfP) process.

12 October 2016

Company update/Post-trade & ops

Sydney Stock Exchange and blockchain spin-off APXS weigh in to Oz clearing and settlement debate

Sydney Stock Exchange Limited (SSX) and APX Settlement Pty Limited (APXS), members of the Asia Pacific Exchange Group, have today welcomed the announcements by the Council of Financial Regulators’ (CFR) and Treasurer the Hon. Scott Morrison in relation to the regulation of Australian cash equities clearing and settlement services.

12 October 2016

News/Post-trade & ops

Industry-wide blockchain breakthroughs at least six years away

While three quarters of banks are actively experimenting with blockchain technology, regulatory uncertainty and a lack of inhouse expertise are proving major roadblocks to near-term adoption, according to research from SIX Securities Services.

12 October 2016

Company update/Post-trade & ops

Tradeweb and FTSE Russel win gilt and T-bill reference pricing gig

Tradeweb Markets, the leading global marketplace for electronic fixed income, derivatives and ETF trading, and FTSE Russell, the global index provider, today welcomed the decision by the UK Treasury naming Tradeweb and FTSE Russell as the joint future providers for end-of-day reference prices for Gilts and Treasury bills.

11 October 2016

Company update/Post-trade & ops

LMAX Exchange chooses Metamako for matching engine monitoring

Metamako, the leading specialist in deterministic network devices for the world’s financial institutions, has been chosen by LMAX Exchange as an integral component of its operations.

11 October 2016

Company update/Post-trade & ops

Paxos and EY to collaborate on blockchain for gold bullion

Paxos, a financial technology company delivering revolutionary blockchain solutions for the financial services industry, and EY, a global leader in assurance, tax, transaction and advisory services, today announced a new collaboration on the rollout of a next-generation blockchain settlement service that brings instant settlement and true DvP (Delivery versus Payment) to the gold market for the first time.

11 October 2016

Company update/Post-trade & ops

Anna engages BearingPoint for new OTC bureau

The Association of National Numbering Agencies (ANNA) today announced its engagement of BearingPoint as a Trusted Advisor in the development of the ANNA Derivatives Service Bureau for ISINs for OTC derivatives.

11 October 2016

Company update/Post-trade & ops

Watson Wheatley releases reconciliation tools

Watson Wheatley Financial Systems (WWFS), specialists in securities reconciliation, have announced the release of a new generation of reconciliation tools, iRecs3.

10 October 2016

News/Post-trade & ops

Luxembourg fund industry coalesces around blockchain

The Luxembourg fund industry is exploring how the uptake of distributed ledger technology can be applied to radically transform the asset management business, adopting a consortium-based approach involving nine leading banks, professional services firm PwC and local startup Scorechain.

07 October 2016

Finextra TV/Post-trade & ops

Ceaseless change in transaction services

Susan Skerritt, Chairwoman, CEO and President, Deutsche Bank Trust Company Americas, Global Head of Institutional Cash Management and Head of Global Transaction Banking Americas, Deutsche Bank, discusses the key Sibos themes and how transaction services can face challenges.

06 October 2016

Company update/Post-trade & ops

BCEE implements SmartStream’s Corona to manage custodian data

SmartStream Technologies, the Transaction Lifecycle Management (TLM®) specialist, today announced that Banque et Caisse d'Epargne de l'Etat, Luxembourg (BCEE) has implemented SmartStream’s Corona Universal Data solution - helping the bank to complete audit trails and meet US regulatory requirements in a timely manner.

06 October 2016

Company update/Post-trade & ops

BME introduces digital contracts

BME, through its subsidiary BME INNOVA, has launched BME ConfidenceNet, an on-line service which allows companies to securely send customers certified notifications, sign contracts and/or accept any changes to the terms and conditions of same.

06 October 2016

Finextra TV/Post-trade & ops

Digital will enhance client-bank relationship

Marcus Sehr, Global Head of Client Management & Sales, Institutional Cash Management, Deutsche Bank, speaks about the importance of digital services in relationship management, and where banks can explore digitalisation.

06 October 2016

News/Post-trade & ops

Sydney Stock Exchange completes first phase of blockchain-based settlement project

The Sydney Stock Exchange is looking to beat its larger compatriot, the Australian Stock Exchange, to the punch in the development of a blockchain-based settlement system for equity securities.

06 October 2016

News/Post-trade & ops

OpenGamma raises $13.3m

OpenGamma has raised $13 million in a funding round led by Accel and Icap. The open source risk management outfit has also promoted COO Peter Rippon to CEO.

05 October 2016

Finextra TV/Post-trade & ops

The state of transaction banking in Asia

Lisa Robins, Head of Global Transaction Banking APAC & Vice-Chair Corporate and Investment Banking APAC, Deutsche Bank, explains the transaction banking climate in Asia and how new entrants may create challenges.

05 October 2016

Finextra TV/Post-trade & ops

Impact of regulation on trade finance for banks

Michael Spiegel, Global Head of Trade Finance & Cash Management Corporates, Deutsche Bank, speaks about where the changes in trade finance are taking place, and how banks are taking action in response to regulatory shifts.

05 October 2016

Company update/Post-trade & ops

Uptake of LEIs remains slow

Regulatory SaaS technology leader Opus announced today that Alacra, its KYC and reference data management platform, has issued an update on the LEI initiative, Inside the LEI issue X, its regular newsletter on Legal Entity Identifiers (LEIs).

05 October 2016

Company update/Post-trade & ops

AIM Software alleviates the pain of spreadsheet data management

AIM Software, the award-winning provider of Enterprise Data Management (EDM) solutions for the global financial services industry, today announces the release of GAIN Data Portal.

05 October 2016