Reconciliation

98 articles tagged with this keyword

All articles with this keyword
Apply Cancel
Dealing firms not ready for real-time reconciliation - survey

/Reconciliation

Dealing firms not ready for real-time reconciliation - survey

More than half of financial institutions have not yet embarked on real-time reconciliation for any of their asset classes and do not expect to be in a position to move to do so by the end of 2013, according to a survey conducted by Gresham Computing

Icap's fintech incubation vehicle invests in Model Two Zero

/Reconciliation

Icap's fintech incubation vehicle invests in Model Two Zero

Euclid Opportunities, the vehicle set up by interdealer broker Icap last year to provide seed funding to new fintech companies, has invested in London-based post-trade software firm Model Two Zero.

UBS admits to breakdown in risk control systems

/Reconciliation

UBS admits to breakdown in risk control systems

In the wake of its recent $2.3 billion loss through unauthorised trading, Swiss bank UBS has admitted that internal controls were "not effective".

IT spending on reconciliation and exception management set to soar - Celent

/Reconciliation

IT spending on reconciliation and exception management set to soar - Celent

Global IT spending on reconciliation exception management will hit $700 million this year, with around half of this making its way to third party software vendors, according to research house Celent.

Broadridge buys City Networks

/Reconciliation

Broadridge buys City Networks

Broadridge Financial Solutions has acquired City Networks, a long-standing UK-based provider of reconciliation, multi-asset process automation and operational risk management software and services to the finance industry. Financial terms were not disclosed.

Misys and SmartStream forge post-trade STP tie-up

/Reconciliation

Misys and SmartStream forge post-trade STP tie-up

Fintech vendors Misys and SmartStream Technologies have formed a partnership designed to tackle risk control problems and inefficiency across the trade transaction lifecycle.

Temenos signs Bank of Georgia to T24

/Reconciliation

Temenos signs Bank of Georgia to T24

Bank of Georgia (BOG) has signed for the T24 core banking system from Swiss vendor Temenos in a bid to consolidate operations on a single platform.

SmartStream launches new division to deliver trade processing and data utilities

/Reconciliation

SmartStream launches new division to deliver trade processing and data utilities

SmartStream's new DClear Utilities division, launched at Sibos in Hong Kong, aims to serve financial institutions using a shared service centre model for common processing services. The DClear Reference Data Management Utility is the first such utility to be launched and the company says it has already signed an un-named US-based financial institution.

National Bank of Kuwait deploys SmartStream reconciliation technology

/Reconciliation

National Bank of Kuwait deploys SmartStream reconciliation technology

National Bank of Kuwait (NBK) has implemented SmartStream Technologies' TLM Corona for cash reconciliations and investigations.

Northern Trust adds Markit post-trade suite to OTC platform

/Reconciliation

Northern Trust adds Markit post-trade suite to OTC platform

Northern Trust is to strengthen its over-the-counter derivatives processing platform for third party clients with the addition of a suite of post-trade confirmation matching and reconciliation services from financial information outfit Markit.

SmartStream unveils new CEO, launches on-demand recs service

/Reconciliation

SmartStream unveils new CEO, launches on-demand recs service

Philippe Chambadal, head of DIFC Investment's acquisition vehicle DClear, has taken the reins at SmartStream after Ken Archer stepped down in February. DClear became SmartStream's parent company in November 2007 when DIFC stepped in to acquire the vendor after its aborted IPO. Chambadal's first major task as CEO has been overseeing the development and launch of a software-as-a-service (SaaS)-based delivery model for the company's TLM Reconciliations product.

SS&C buys financial data hub Evare

/Reconciliation

SS&C buys financial data hub Evare

Connecticut-based fintech vendor SS&C Technologies has acquired Evare, a managed service provider for financial data acquisition, transformation and delivery. Financial terms of the deal were not disclosed.

Marfin Popular Bank signs for SmartStream reconciliation platform

/Reconciliation

Marfin Popular Bank signs for SmartStream reconciliation platform

Cyprus-based Marfin Popular Bank has chosen SmartStream's TLM Corona as its enterprise reconciliation platform.

Standard Chartered signs for SmartStream reconciliations technology

/Reconciliation

Standard Chartered signs for SmartStream reconciliations technology

Standard Chartered Bank has selected technology from UK-based vendor SmartStream Technologies to power a new global reconciliations platform.

Dubai Islamic Bank deploys Fiserv reconciliation technology

/Reconciliation

Dubai Islamic Bank deploys Fiserv reconciliation technology

Dubai Islamic Bank has instituted centralised reconciliation technology from Fiserv's CheckFree unit in an effort to address transaction volume growth and mitigate operational and compliance risk exposure.

Finexpo to highlight new trends in risk and transaction management

/Reconciliation

Finexpo to highlight new trends in risk and transaction management

The Finexpo - Risk & Transaction Management conference and exhibition has opened for registration. The event, on Thursday 5 February at The Brewery in London, will focus on the latest developments in risk management approaches, regulatory frameworks, data and transaction management solutions and clearing and settlement infrastructures.

Wall Street Systems launches post-trade processing utility

/Reconciliation

Wall Street Systems launches post-trade processing utility

Wall Street Systems has launched a "pay as you go" post-trade processing utility for FX cash, FX derivatives, money markets, vanilla interest rate derivatives, and listed futures and options.

Canadian banks co-operate on Expertus E&I implementation

/Reconciliation

Canadian banks co-operate on Expertus E&I implementation

National Bank of Canada (NBC), Caisse Centrale Desjardins (CCD) and Laurentian Bank of Canada (LBC) have all deployed SwiftNet exceptions and investigations (E&I) software from US-based Expertus.

Swift extends E&I service to corporates

/Reconciliation

Swift extends E&I service to corporates

Financial messaging network Swift has extended its payment exceptions and investigations (E&I) package for corporate use, with the first companies expected to go live with the technology at the end of the month.

Failed payments costing Europe's banks EUR21bn a year - Misys

/Reconciliation

Failed payments costing Europe's banks EUR21bn a year - Misys

Despite the introduction of the single euro payments area this year, failed cross border transactions are costing European banks EUR21 billion a year, according to Misys.

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept