Post-trade & ops

1194 articles tagged with this keyword

/Post-trade & ops

MUFG leads security token consortium

Japanese financial services giant MUFG is leading a new Security Token (ST) Research Consortium, working on infrastructure that enables automatic securities and fund settlement via blockchain technology.

/Post-trade & ops

AFME urges faster adoption of cloud computing in capital markets

The Association for Financial Markets in Europe (AFME) has set out 14 recommendations to help realise the full potential of public cloud computing across the capital markets industry, as issues around legacy technology, security and regulatory concerns and standardisation slow uptake.

/Post-trade & ops

KRM22 postpones search for new funding

KRM22, an investment vehicle created to undertake a roll up of software companies providing risk management tools to the capital markets industry, has put a halt to a search for new funding citing the uncertainties surrounding Brexit.

/Post-trade & ops

Confluence buys StatPro for £161.1 million

US investment data management outfit Confluence has sealed a deal to buy UK portfolio analytics company StatPro for £161.1 million.

/Post-trade & ops

Credit Suisse and SocGen first up for Paxos Settlement Service

Post-trade blockchain startup Paxos has been given the go-ahead from the Securities and Exchange Commission to process transactions in the US equities market.

/Post-trade & ops

Commerzbank and Deutsche Bourse exchange cash and securities tokens in post-trade DLT trial

Commerzbank, Deutsche Bourrse and Meag, the asset manager of Munich Re and Ergo have undertaken a delivery-versus-payment transaction entailing the use of securities and cash tokens for settlement and collateral calls.

/Post-trade & ops

Citi partners with WorldLink to enhance supply chain offering

Citi’s Treasury and Trade Solutions (TTS) has strengthened supplier finance offerings in partnership with the bank's internal platform WorldLink, allowing clients to transact and settle across multiple major currencies in the US with plans to expand globally.

/Post-trade & ops

BNP Paribas to acquire stake in wealth tech firm Allfunds

BNP Paribas is to acquire a 22.5% stake in wealth mangement technology company Allfunds as part of an alliance to build a new fund distribution platform.

/cloud

Why are FIs shifting grid computing to the cloud?

The financial services industry has long required compute-intensive calculations for risk management, regulatory compliance, product development, pricing, trading, clearing and surveillance. However, the volume and timeliness of these calculations have increased.

/Post-trade & ops

Italian bank blockchain project passes technical tests

The Italian Banking Association (ABI) says the country's major banks could be ready to use distributed ledger tech to run interbank reconciliations by March next year, after pilot tests proved its capability.

/Post-trade & ops

Deutsche Bank deploys DLT for custodial services

Following a successful pilot, Deutsche Bank Securities Services is set to start using distributed ledger technology (DLT) in custodial services.

/Post-trade & ops

Sibos 2019: Post-snub insights from LSE and HKEX

After the London Stock Exchange snubbed Hong Kong’s $36.6 billion buyout bid earlier this month, day two of Sibos 2019 in London kicked off with PwC’s Jeremy Grant engaging in fireside chats with both LSE CEO David Schwimmer and HKEX CEO Charles Li.

/Post-trade & ops

SIX Digital Exchange launches DLT-based trading and settlement prototype

Swiss stock exchange SIX has launched a prototype of its distributed ledger technology-based digital exchange and central securities depository. Meanwhile, trading has started on Boerse Stuttgart Digital Exchange.

/payments

Sibos 2019: The adoption of SWIFT gpi and impact on global payments

At Sibos 2019, Swift’s Fabien Depasse, Wim Raymaekers, Anne-Sophie Walravens and Lior Cohen, explored how Swift gpi is seeing unparalleled growth in adoption, traffic and corridors. Today, more than 3,500 financial institutions (FIs) are signed up to gpi and allow their customers to make payments in nearly 150 currencies.

/Post-trade & ops

Sibos 2019: Should banks trust in the UK despite Brexit uncertainty?

Welcoming business leaders and industry experts to the Excel Centre in London for Sibos 2019, Swift innovation manager Innes Macleod takes to the stage to divulge Innotribe’s mission and reflect on the technological and societal changes that are challenging the financial services sector, with input from renowned experimental physicist and celebrity figure Professor Brian Cox.

/Post-trade & ops

FX post-trade network Cobalt goes live

Blockchain-based post-trade processing network Cobalt has gone live with Deutsche Bank, XTX Markets and Saxo Bank.

/ai

Deutsche Bank: Prioritising climate change results in share outperformance

Deutsche Bank debunks the myth that profits fall when addressing climate change in its first report for a new research product suite for corporate clients, highlighting that companies that experience positive sustainability press saw share outperformance of 26%.

/Post-trade & ops

Utility Settlement Coin project eyes global FX market

Blockchain firms Fnality and Finteum are joining forces to take on the interbank intraday foreign exchange swaps market.

/Post-trade & ops

London Stock Exchange unanimously rejects HKEX takeover bid

The London Stock Exchange board has forcefully rejected an unsolicited £29.6 billion takeover bid from Hong Kong Exchange and Clearing.

/Post-trade & ops

Santander issues end-to-end blockchain bond

Banco Santander has issued a $20 million bond that will run its course entirely on an Ethereum blockchain, an innovation that the bank bills as a first step towards a potential secondary market for mainstream security tokens in the future.