1197 articles tagged with this keyword
News/Post-trade & ops
Financial messaging network Swift has announced that its MyStandards project is now recruiting users after completing a closed pilot phase.
22 September 2011
Leading banks have expressed their disappointment at yesterday's news that Target 2 Securities (T2S), the European Central Bank's plan to streamline Europe's securities settlement structure, has been delayed yet again.
21 September 2011
The ECB has called on central securities depositories (CSDs) to 'efficiently reshape' their IT infrastructure in order to integrate to the T2S platform, its proposed pan-European settlement service which has encountered further delays amid foot-dragging by CSDs and protracted arguments over costs and pricing.
OTC derivatives processing services firm MarkitServ has agreed to buy UK post-trade software vendor Logicscope. Financial terms of the deal were not disclosed.
The European Central Bank has once again been forced to push back the deadline for implementation of Target2 Securities, the Eurosystem's ambitious but controversial project to harmonise Europe's securities settlement structure.
20 September 2011
UK-based payments shop Earthport is to adopt the standards laid down by International Payments Framework Association (IPFA) as part of an international drive to meet small business demands for more efficient cross-border payments services.
A pilot exercise led by financial messaging cooperative Swift for a single multibank platform enabling corporates to manage their account electronically has been completed.
A bank-led initiative to develop a utility model for end-to-end automation in the payment investigations process is being held back by a lack of corporate involvement.
Financial messaging co-operative Swift is bundling its suite of data directories to create a Web-based one-stop shop for payments-related reference data.
06 September 2011
The European Central Bank has set an October deadline for its final offer to central security depositories (CSDs) on a framework agreement for the Target2Securities (T2S) system. However, the UK now seems certain to turn its back on the project.
22 July 2011
Thomson Reuters has set a mid-2012 deadline to get its trading platforms ready for forthcoming OTC derivatives regulations, as it releases research which shows clear bank unease at the uncertain impact of the new rules on front and back office operations.
11 July 2011
The European Parliament has postponed implementation of new rules designed to improve transparency in over-the-counter trading, mirroring a similar slowdown in US financial market reforms under the Dodd-Frank Act.
06 July 2011
Representatives from the ISO, Goldman Sachs, Google and Swift are among the members of a new technology advisory sub-committee on data standardisation set up by the CFTC.
24 June 2011
XBRL US has finalised its corporate actions taxonomy and made it available for use.
02 June 2011
The world's biggest sell-side banks have formed a working group to push the adoption of FIX connectivity for fixed income trading.
01 June 2011
A European Parliament committee has given its backing to legislation that will see more derivative trades settled through clearing houses. Meanwhile, on the other side of the Atlantic, US lawmakers have moved to delay the implementation of their own new derivatives rules.
25 May 2011
Finextra has partnered with analyst house Biss Research to develop an industry forum hosted by the London Stock Exchange and aimed exclusively at practitioners in the post trade operational space.
13 May 2011
European clearing house interoperability has moved a step nearer after the UK's FSA approved new arrangements between LCH.Clearnet and Switzerland's X-Clear.
12 May 2011
Technology spending in the foreign exchange market is on the rise thanks to the growth of algorithmic trading and 'electronification' of the business, according to a report from Celent.
05 May 2011
Central bankers have expressed fears that reform of the over-the-counter derivatives markets is being hampered by delays and inconsistencies in approaches across national jurisdictions.
18 April 2011
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