Latest Post-trade & ops News: Finextra Research

Company update/crypto

Cobalt expands into digital asset market

Over the last few years, the foreign-exchange (FX) post-trade infrastructure provider Cobalt has designed and built a secure 24/7 middle office platform, which it is delivering for some of the industry’s largest participants.

23 September 2020

Company update/identity

Instant Action launches shareholder identity service

Instant Actions today announced that it has released a ready-to-implement solution to address the data risks created by the Shareholder Rights Directive II (SRD2).

18 September 2020

Company update/Post-trade & ops

Capco and Inbotiqa bids to improve back office productivity

Capco, the global management and technology consultancy, and fintech Inbotiqa, an alumnus of the Barclays TechStars Accelerator programme, have announced a new partnership agreement around Inbotiqa’s YUDOmail workflow and analytics tool for back office and operations teams.

16 September 2020

News/markets

BNP Paribas preps for post-trade DLT with smart contract apps

BNP Paribas Securities Services is working with Digital Asset to design a number of real-time trade and settlement apps using smart contracts

15 September 2020

Company update/people

Pirum appoints Karl Wyborn as chief commercial officer

Pirum has further bolstered its senior management team.

15 September 2020

Company update/markets

Canaccord Genuity signs three-year contract extension with Contemi

Contemi Solutions, the global supplier of modular technology solutions to asset & wealth management, insurance and capital markets, has bolstered its relationship with Canaccord Genuity Group’s UK & Europe capital markets business, through the signing of a three-year contract extension for its post trade processing solution, NOVA.

01 September 2020

Company update/markets

Saudi Stock Exchange taps Nasdaq tech for derivatives market and clearinghouse

The Saudi Stock Exchange (Tadawul) announced today it has officially launched its first Derivatives Market and a clearinghouse, The Securities Clearing Centre Company (Muqassa), both of which are running on Nasdaq’s (Nasdaq: NDAQ) market technology.

31 August 2020

Company update/regulation

Esma postpones introduction of CSDR Settlement Discipline

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today published a final report on draft regulatory technical standards (RTS) definitively postponing the date of entry into force of the Commission Delegated Regulation (EU) 2018/1229 (RTS on settlement discipline) until 1 February 2022.

28 August 2020

Company update/Post-trade & ops

Percival messaging layer goes live at Iceland CSD

Percival’s DEPEND CSD solution and HUBBLE message-layer went into production on 24th August, 2020, at Iceland’s national CSD.

26 August 2020

Company update/crypto

Institutional-grade digital asset exchange Archax secures FCA authorisation

Archax today announced becoming the first ever FCA regulated digital securities exchange and custodian in the UK.

19 August 2020

Company update/markets

ASX set to move into industry-wide testing of blockchain-based settelement system

Over 90% of CHESS users can meet the proposed go-live date of April 2022; ASX now reviewing consultation feedback.

06 August 2020

Company update/markets

Euronext completes the acquisition of VP Securities

Euronext, the leading pan-European market infrastructure, announces today that it has completed the settlement of shares under its offer launched on 23 April 2020 to acquire 100% of VP Securities, the Danish Central Securities Depository.

04 August 2020

Company update/crime

Tradeweb calls on Nasdaq for market surveillance

Today, Nasdaq (Nasdaq: NDAQ) announced that Tradeweb Markets (Nasdaq: TW), a leading global operator of electronic marketplaces for fixed income products and derivatives, has selected Nasdaq to provide its Market Surveillance solution for monitoring US Treasuries and Mortgage-Backed Securities trading on Dealerweb, and Swaps trading on DW SEF.

31 July 2020

News/crypto

Slovak crypto platform raises €1m

AltFINS, a Slovakia-based trading platform for digital assets has announced the completion of a funding round in which it raised over €1m.

31 July 2020

News/wholesale

Malaysian exchange trials blockchain bond platform

Bursa Malaysia is developing a proof-of-concept (POC) for a blockchain-based bond trading venue.

30 July 2020

News/wholesale

Credit Suisse unveils operational restructuring

Swiss bank Credit Suisse has announced a "series of structural improvements" which will see it combine several divisions in search of operational efficiencies.

30 July 2020

Company update/security

RFA launches managed data services

RFA, the leader in the Cloud and Cyber Security technology and digital transformation, today announced the launch of its Managed Data Services.

30 July 2020

Company update/wholesale

State Street's BestX launches TCA for equities

BestX, State Street’s foreign exchange and fixed income best execution analytics platform, announced today that it has expanded its award-winning execution analytics software and launched a post-trade transaction cost analysis (“TCA”) module for equity markets.

29 July 2020