Post-trade & ops

1194 articles tagged with this keyword

/Post-trade & ops

TMX, Bank of Canada and Payments Canada to run blockchain settlement tests

Payments Canada, the Bank of Canada and TMX Group have come together to experiment with an integrated securities and payment settlement platform based on distributed ledger technology.

/Post-trade & ops

Fundchain bids to move beyond prototyping

Fundchain, a collaborative initiative of the Luxembourg fund industry, is to advance its exploration into potential applications for distributed ledger technology and define ready-to-use products that could be implemented in the short-term.

/Post-trade & ops

Gleif study claims $650 million cost savings from LEI uptake

Research undertaken by McKinsey estimates that broader, global adoption of Legal Entity Identifiers (LEIs) could yield annual savings of over $150m within the investment banking industry and up to $500m for banks in the issuance of letters of credit.

/Post-trade & ops

Sibos 2017: Blockchain - reality or utopia

Sunny optimism faced off with hard-nosed pragmatism during an early Sibos session on blockchain in the cash and securities settlement space, as ConsenSys rep Monica Singer tried desperately to win over cynical bankers.

/Post-trade & ops

BNP Paribas partners TCS for DLT-based corporate actions platform

BNP Paribas has joined forces with Tata Consultancy Services in a bid to transform the tortuous corporate events lifecyle through the use of blockchain technology.

/Post-trade & ops

Swift positive on blockchain, but big challenges remain

Early results from a blockchain proof-of-concept conducted by Swift with six of the co-operative's member banks indicate that DLT application can deliver the business functionalities and data richness required to support real-time liquidity monitoring and reconciliation.

/Post-trade & ops

Deutsche Bank open sources Autobahn code

Deutsche Bank aims to create a common industry standard for trading technology by making its own computer code publicly available for the first time.

/Post-trade & ops

BNP Paribas applies AI to alleviate trade matching delays

BNP Paribas Securities Services is implementing Smart Chaser, a trade matching tool that uses artificial intelligence to warn brokers and their clients of live trades that may require manual intervention to complete.

/Post-trade & ops

Singapore consortium claims breakthrough in DLT payments project

A consortium of banks and technology vendors led by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) have successfully developed software prototypes of three different models for decentralised inter-bank payment and settlements with liquidity savings mechanisms.

/Post-trade & ops

ASX "increasingly confident" about blockchain replacement for Chess

Top executives at the Australian Securities Exchange say they are "increasingly confident" about the prospect of replacing their legacy post-trade infrastructure with a platform based on distributed ledger technology.

/Post-trade & ops

SEB and Nasdaq to collaborate on blockchain-based funds platform

Sweden's SEB is working with Nasdaq to develop a prototype for a mutual fund trading platform based on blockchain technology.

/Post-trade & ops

R3 and 12 banks plan overhaul of open-account trade finance

Blockchain consortium R3 is collaborating with 12 banks and technology vendor TradeIX on an open-account trade finance project for corporate buyers and sellers around the world.

/Post-trade & ops

Commerzbank completes money market transaction over R3 Corda

Germany's Commerzbank has hailed the potential of blokchain technology for money market trades, having successfully replicated a EUR100,000 Euro Commercial Paper transaction with a limited number of trading partners.

/Post-trade & ops

Finextra partners with top banks and vendors for Sibos debates

Finextra is partnering with leading banks and vendors to run a series of roundtable events covering corporate banking, trade and supply chain finance and winning strategies for fintech collaboration at the annual Sibos conference in Toronto in October.

/Post-trade & ops

German central bank flags DLT weaknesses

Deutsche Bundesbank has dampened the blockchain hype, dismissing distributed ledger technology's prospects in retail payments, at least in the eurozone, and pouring cold water on central bank-issued digital currencies.

/Post-trade & ops

SETL aims for 2018 launch of blockchain-based fund platform

SETL and four french fund managers are aiming to go into production in 2018 with a pan-European fund record-keeping platform based on blockchain technology.

/Post-trade & ops

Regulatory and technology challenges impede the rapid roll out of DLT says DB exec

Regulatory impediments and the current fragmentation of protocols from a multiplicty of providers of distributed ledger technology will prove to be a major challenge for banks to overcome before the technology can go mainstream in financial markets, says a senior Deutsche Börse executive.

/Post-trade & ops

US moves to T+2 settlement

In a move designed to boost efficiency and reduce risks, starting today, US stock and bond trades begin settling in two, rather than three, days.

/Post-trade & ops

India's central bank plans blockchain platform

The R&D unit of the Reserve Bank of India is preparing to launch a banking platform based on blockchain technology.

/Post-trade & ops

More major banks join UBS-led blockchain project

A UBS-led plan to develop a digital cash system based on blockchain technology has won the support of six major banks ahead of a planned launch in late 2018