Post-trade & ops

3725 articles tagged with this keyword

/wholesale

MUFG becomes first Japanese bank to commit to CLSNet

CLS, a market infrastructure group delivering settlement, processing and data solutions, today announces that MUFG Bank is the first Japanese bank to commit to using CLSNet, CLS’s bilateral payment netting calculation service for over 120 currencies.

/markets

Finastra onboards Fragmos Chain’s blockchain platform for OTC derivatives market

Today Finastra announced a collaboration with Fragmos Chain, a blockchain platform which digitalizes interactions between financial institutions, to provide Finastra customers with out-of-the-box integration with Finastra Summit, its over-the-counter (OTC) derivatives market solution.

/markets

ASX takes A$250m hit after scrapping DLT-based Chess replacement project

The Australian Securities Exchange (ASX) is pulling the plug on its much-delayed blockchain-based post-trade network, writing off about A$250 million.

/markets

OeKB completes installation of CSD issuer platfrom

OeKB CSD, the Austrian Central Securities Depository, and Montran, a leading provider of capital market software, today announced the successfully completed implementation of the OeKB CSD Issuer Platform: a platform for the digital management of securities based on Montran's core Central Securities Depository (CSD) solution.

/people

DTCC names Nashira Spencer chief security officer

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the appointment of Nashira Spencer as Chief Security Officer (CSO), effective November 7, 2022.

/wholesale

Survey shows support for shorter settlement cycles

The majority of market participants expect the settlement cycle for equities to shorten to T+1 within the next five years, according to recently published research.

/payments

SmartStream introduces account control package for shift to ISO 20022

SmartStream, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announces the launch of TLM Aurora Advanced Account Control, enabling clients to be ready for ISO 20022 standards - the new AI-enabled solution will allow customers to manage large, verified data sets, not only for reconciliation purposes, but for downstream systems.

/payments

SmartStream ships AI-enabled technology for exceptions management

SmartStream, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announces the launch of SmartStream Air version 7 - to further control exceptions management using advanced cloud-native AI technology.

/markets

Swift to bring end-to-end view of post-trade processing

Following a successful pilot, Swift is gearing up to launch a service designed to increases transparency in post-trade processing and prevent settlement fails.

/markets

Deutsche Börse and Chile’s Santiago Exchange enter market data partnership

Deutsche Börse and Chile’s Santiago Exchange have entered a market data partnership under which Deutsche Börse will provide access to the full range of market data products of Latin America’s third-largest exchange. In its role as licensor, Deutsche Börse will offer real-time and delayed data. The corresponding information product includes both the Santiago Exchange Indices and the Santiago Exchange Spot Market.

/crypto

MJ Hudson releases custody benchmarking feature for digital asset investors

MJ Hudson, the end-to-end solutions provider to the asset management industry, has introduced a new custody benchmarking service specifically for clients investing in digital assets.

/markets

Wall Street giants join $60m AccessFintech funding round

Capital markets specialist AccessFintech has closed a $60 million Series C funding round led by WestCap and joined by a host of big banks, including BNY Mellon and Bank of America.

/markets

Afme urges caution on European move to T+1

A move by Europe to a one-day settlement cycle (T+1) could bring significant benefits but would face a host of barriers, cautions a paper from Association for Financial Markets in Europe (Afme).

/crypto

ErisX introduces settlement service for OTC crypto transactions

ErisX, a Cboe Global Markets company, today announced it has introduced the ErisX Settlement Service, a new solution designed to help remove settlement risk for over-the-counter (OTC) crypto transactions.

/wholesale

SmartStream and Kynec form alliance for cleared margin service

SmartStream, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announces the strategic alliance with Kynec, a leading provider of front office clearing solutions, to deliver consolidated margin positions across global OTC cleared and bilateral markets.

/markets

Davy Capital Markets selects Torstone for post-trade

Torstone Technology, a leading global SaaS platform provider for post-trade securities, derivatives processing, announced today that Davy Capital Markets, Ireland’s leading capital markets firm and a member of the Bank of Ireland Group, has entered into an agreement to utilise the Torstone Platform for its post-trade processing.

/markets

DTCC's DLT-based settlement platform goes into parallel production

The Depository Trust & Clearing Corporation (DTCC) says its distributed ledger technology-based alternative settlement platform has gone live in a parallel production environment.

/people

NinjaTrader Group names Hazim Macky CTO

NinjaTrader Group, LLC, a global leader in clearing, brokerage and technology solutions for active traders through its subsidiaries NinjaTrader and Tradovate, announced today that Hazim Macky has joined the firm as Chief Technology Officer (CTO).

/markets

Clearstream and Pirum offer collateral interoperability

Clearstream and the securities finance automation provider Pirum have extended their services to offer new collateral connectivity.

/markets

ASX calls in Accenture to assess Chess replacement project

The Australian Securities Exchange (ASX) has called in consultants from Accenture to run the rule over its much-delayed blockchain-based post-trade network.