Latest Post-trade & ops News: Finextra Research

Bats Europe encourages industry harmonisation for MiFID II order record keeping

Bats Europe (Bats), the region’s largest stock exchange operator, has made available for testing on its platform its MiFID II compliant process for order record keeping, which the exchange is proposing as the industry approach to encourage harmonisation.

22 August 2016

Company update/Post-trade & ops

Ex-DTCC director Elena Gaetini joins Risk Focus Emea team

Risk Focus Inc., the leading provider of control and compliance for regulatory trade and transaction reporting to the global capital markets, announces the appointment of Elena Gaetini as European Head of Business Development & Governmental Affairs, extending the company's reach in Continental Europe.

22 August 2016

News/Post-trade & ops

Deutsche Bank accused of multiple failures in swaps data reporting

Deutsche Bank is facing sanctions from US regulators over a catalogue of failures that afflicted its swaps data reporting functions.

19 August 2016

Company update/Post-trade & ops

CPMI-Iosco issue UPI consultative report

The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) have today published for public comment a second consultative report on Harmonisation of the Unique Product Identifier (UPI).

18 August 2016

News/Post-trade & ops

Euronext to buy 20% stake in EuroCCP

European exchange group Euronext has agreed to pay around EUR14 million for a 20% stake in central counterparty EuroCCP.

17 August 2016

Company update/Post-trade & ops

Singapore retail securities brokers and CDP ready for electronic statements

All the nine retail securities brokers in Singapore and The Central Depository (“CDP”) will progressively provide electronic statements to customers, starting from the fourth quarter of 2016.

17 August 2016

Company update/Post-trade & ops

Northern Trust offers historical corporate actions reporting platform

Northern Trust (Nasdaq: NTRS) and Scorpeo today announce that they have entered into an agreement to use SCORPEO’s services to provide an innovative historical corporate actions reporting service, designed to help investors realize the full value in corporate actions.

17 August 2016

Company update/Post-trade & ops

ISDA publishes 2016 variation margin protocol

The International Swaps and Derivatives Association, Inc. (ISDA) has today launched a new Protocol that will help market participants comply with new variation margin requirements, set to come into force from March 2017.

17 August 2016

News/Post-trade & ops

Former Traiana chief to launch blockchain-based post-trade platform

A 'blockchain inspired' post-trade peer-to-peer network co-founded by the former CEO of Traiana Andy Coyne, is to commence beta testing with eight institutional FX market participants following successful proof-of-concept trials.

17 August 2016

Company update/Post-trade & ops

TrueEX introduces execution of Brazilian Real swaps cleared at CME Group

TrueEX, the innovative global interest rate swap trading platform, has built a solution to provide execution for Brazilian Real (BRL) interest rate swaps cleared at CME Group.

16 August 2016

News/Post-trade & ops

CPMI-Iosco reports push CCP regulatory agenda

Derivatives central counterparties (CCPs) have made meaningful progress in boosting their resilience in recent years but more work is needed to ensure consistency around the world, according to new reports from major global bodies.

16 August 2016

Company update/Post-trade & ops

Eze Castle Integration expands cyber security consulting services

Eze Castle Integration, Inc., a leading provider of strategic IT, cybersecurity and private cloud services to the investment industry, today announced the expansion of its cybersecurity consulting services.

16 August 2016

News/Post-trade & ops

Blockchain to become 'beating heart' of financial system

Blockchain technology will fundamentally alter the way financial institutions do business, according to a report from the World Economic Forum.

12 August 2016

Company update/Post-trade & ops

ICBC signs for Swift’s Watch portfolio

Swift today announces that Industrial and Commercial Bank of China (ICBC) has implemented its entire SWIFT Watch portfolio of solutions to analyse the bank’s traffic across its network.

11 August 2016

Company update/Post-trade & ops

Markit's WSO suite integrates trade settlement and cross border lending for loan market

IHS Markit Ltd. (Nasdaq: INFO), a global leader in critical information, analytics and solutions that drive economies and markets worldwide, today announced new levels of automation for the syndicated loan market through enhancements to its WSO software and services.

11 August 2016

Company update/Post-trade & ops

Percentile makes new hires for buy-side and sell side growth

Percentile, providers of technology for risk management and regulatory compliance, today announced the appointment of John Barker as Non-Executive Director and Advisor to the Board, Brian Miranda, as Sales Director, and Lavinia Constantin, as Product Manager to support Percentile’s growing customer base.

11 August 2016

Company update/Post-trade & ops

Finova Financial secures record-breaking $52.5 million fintech funding

Finova Financial’s industry-first, cloud and mobile-based consumer auto title lending platform has raised $52.5 million in a combination of equity and a credit facility, one of the largest initial rounds in FinTech industry history, Finova announced today.

10 August 2016

Company update/Post-trade & ops

Asic relaxed on conflict of interest risks in sell-side research

An ASIC review of risks related to the handling of confidential information and conflicts of interests, particularly in the provision of sell-side research and corporate advisory services, has found that most firms have policies and procedures in place to deal with these risks.

09 August 2016

Company update/Post-trade & ops

Broadridge reports revenue growth of 9%

Broadridge Financial Solutions, Inc. (BR) today reported financial results for the fourth quarter of its fiscal year 2016.

09 August 2016

Company update/Post-trade & ops

Daiwa Securities Group joins CLS as a new settlement member

CLS Group (CLS), a leading provider of risk management and operational services for the global foreign exchange (FX) market, has expanded the number of settlement members accessing its service with the addition of Daiwa Securities Group.

09 August 2016