https://www.finextra.com/ The Latest Financial IT Post-trade & ops Headlines Copyright 2024 Finextra Research Ltd en-GB contact@finextra.com (Finextra Contact) https://www.finextra.com https://www.finextra.com/finextra-images/site/finextra.png https://www.finextra.com/newsarticle/44364/mosaic-and-euroclear-team-to-generate-smarter-fixed-income-data?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44364/mosaic-and-euroclear-team-to-generate-smarter-fixed-income-data?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 24 Jun 2024 08:52:00 GMT Mosaic Smart Data has teamed up with Euroclear to launch Smart Markets, an AI-powered tool for parsing unstructured fixed income data to generate actionable trading insights. https://www.finextra.com/newsarticle/44190/pursuit-of-faster-settlement-times-via-dlt-will-hit-market-quality?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44190/pursuit-of-faster-settlement-times-via-dlt-will-hit-market-quality?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 23 May 2024 00:01:00 GMT Adopting distributed ledger technology in the pursuit of faster settlement times could hit liquidity and increase transaction costs, warns research from the World Federation of Exchanges (WFE). https://www.finextra.com/newsarticle/44139/ecb-conducts-first-dlt-trials-for-wholesale-central-bank-money-settlement?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44139/ecb-conducts-first-dlt-trials-for-wholesale-central-bank-money-settlement?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 14 May 2024 10:27:00 GMT The Eurosystem has begun the first of a series of trials to test the use of distributed ledger technology (DLT) for the settlement of wholesale transactions in central bank money. https://www.finextra.com/newsarticle/43978/european-taskforce-calls-for-t1-alignment?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/43978/european-taskforce-calls-for-t1-alignment?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 15 Apr 2024 12:03:00 GMT A group representing buy and sell-side firms and market infrastructure providers across Europe has called on the UK, Switzerland and the EU to coordinate plans to shorten the settlement cycle for securities trades. https://www.finextra.com/newsarticle/43975/german-bank-lbbw-enters-crypto-market?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/43975/german-bank-lbbw-enters-crypto-market?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 15 Apr 2024 10:06:00 GMT Landesbank Baden-Württemberg (LBBW), the largest federal bank in Germany, has formed an alliance with crypto custodian Bitpanda. https://www.finextra.com/newsarticle/43949/lch-gets-green-light-to-clear-bitcoin-index-derivatives?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/43949/lch-gets-green-light-to-clear-bitcoin-index-derivatives?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 08 Apr 2024 13:42:00 GMT London Stock Exchange Group-owned LCH has secured regulatory approval to clear cash-settled Bitcoin index futures and options contracts. https://www.finextra.com/newsarticle/43893/euroclear-invests-in-blockchain-company?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/43893/euroclear-invests-in-blockchain-company?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 25 Mar 2024 11:35:00 GMT Post-trade group Euroclear has acquired a stake in Iznes, a pan-European, blockchain-based network within the asset management market. https://www.finextra.com/newsarticle/43838/institutional-players-back-digital-asset-clearing-house-cleartoken?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/43838/institutional-players-back-digital-asset-clearing-house-cleartoken?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 13 Mar 2024 09:28:00 GMT ClearToken, a London-based clearing house for global digital assets, has secured a $10 million funding round with support from Laser Digital, the digital asset subsidiary of Nomura, several global liquidity providers including Flow Traders and GSR, and leading digital asset firms LMAX Digital and Zodia Custody. https://www.finextra.com/newsarticle/43586/equilend-services-knocked-out-by-cyber-attack?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/43586/equilend-services-knocked-out-by-cyber-attack?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 24 Jan 2024 15:30:00 GMT EquiLend has warned clients that services could be down for several days after the securities lending trading platform was hit by a cyber-attack. https://www.finextra.com/newsarticle/43556/equilend-to-be-acquired-by-pe-firm-wcas?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/43556/equilend-to-be-acquired-by-pe-firm-wcas?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 19 Jan 2024 00:01:00 GMT EquiLend, the securities lending trading platform owned by 10 major Wall Street firms, is being acquired by private equity firm Welsh, Carson, Anderson & Stowe (WCAS). https://www.finextra.com/newsarticle/43520/broadridge-releases-genai-tool-for-cutting-settlement-fails?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/43520/broadridge-releases-genai-tool-for-cutting-settlement-fails?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 11 Jan 2024 13:36:00 GMT Broadridge has launched a ChatGPT-style Large Language Model for streamlining back office operations and cutting settlement fails. https://www.finextra.com/newsarticle/43321/asx-turns-to-tata-to-replace-chess-system?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/43321/asx-turns-to-tata-to-replace-chess-system?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 21 Nov 2023 10:54:00 GMT The Australian Securities Exchange (ASX) is planning to turn to a third party to replace its ageing clearing and settlement system. https://www.finextra.com/pressarticle/101567/spectraxe-joins-osttra-post-trade-network?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101567/spectraxe-joins-osttra-post-trade-network?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 18 Jul 2024 11:10:00 GMT SpectrAxe, the pioneering central limit order book (CLOB) for over-the-counter (OTC) FX options, is partnering with OSTTRA, a leading provider of post-trade solutions, to offer a comprehensive end-to-end service from price discovery through to execution, booking, and risk management in the FX options market. https://www.finextra.com/pressarticle/101539/fis-ships-automated-matching-and-execution-platform-for-securities-finance-trades-in-the-uk?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101539/fis-ships-automated-matching-and-execution-platform-for-securities-finance-trades-in-the-uk?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 17 Jul 2024 09:39:00 GMT Global financial technology leader FIS (NYSE: FIS) has launched its new automated matching and execution platform for securities finance trades in the UK. https://www.finextra.com/pressarticle/101502/dtcc-survey-identifies-improvements-in-industry-preparedness-for-expanded-us-treasury-clearing?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101502/dtcc-survey-identifies-improvements-in-industry-preparedness-for-expanded-us-treasury-clearing?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 15 Jul 2024 14:02:00 GMT The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today issued a white paper, “The U.S. Treasury Clearing Mandate: An Industry Pulse Check,” to further enhance the industry’s knowledge of the U.S. Securities & Exchange Commission’s (SEC) expanded clearing rules. https://www.finextra.com/pressarticle/101475/dtcc-launches-public-facing-var-calculator?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101475/dtcc-launches-public-facing-var-calculator?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 10 Jul 2024 15:45:00 GMT The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the launch of a new public-facing Value at Risk (VaR) calculator. https://www.finextra.com/pressarticle/101347/asx-confirms-staged-implementation-of-chess-replacement-project?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101347/asx-confirms-staged-implementation-of-chess-replacement-project?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 28 Jun 2024 13:20:00 GMT ASX confirms it is progressing with the targeted delivery of the first phase of the CHESS replacement project in 2026, as previously announced in November 2023. https://www.finextra.com/pressarticle/101300/smartstream-improves-payments-investigation-package?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101300/smartstream-improves-payments-investigation-package?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 26 Jun 2024 09:56:00 GMT SmartStream, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announces a significant upgrade to its Advanced Payment Control (APC) solution. https://www.finextra.com/pressarticle/101181/traydstream-and-360tf-partner-to-digitise-document-processing?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101181/traydstream-and-360tf-partner-to-digitise-document-processing?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 14 Jun 2024 09:44:00 GMT 360tf, a trailblazer in the digitisation of global trade finance, is pleased to unveil its partnership with Traydstream, a pioneer in trade digitisation, as part of its ongoing mission to innovate and expand its global trade finance solutions. https://www.finextra.com/pressarticle/101147/dtcc-ficc-launches-cclf-public-calculator?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101147/dtcc-ficc-launches-cclf-public-calculator?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 12 Jun 2024 13:15:00 GMT DTCC, the premier post-trade market infrastructure for the global financial services industry, today announced the launch of FICC’s interactive, public-facing Capped Contingency Liquidity Facility (CCLF) Calculator. https://www.finextra.com/pressarticle/101119/dtcc-collaborates-cboe-clear-europe-to-deliver-enahnced-post-trade-workflows?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101119/dtcc-collaborates-cboe-clear-europe-to-deliver-enahnced-post-trade-workflows?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 11 Jun 2024 13:24:00 GMT DTCC, the premier post-trade market infrastructure for the global financial services industry, today announced it is working with Cboe Clear Europe to deliver an enhanced post-trade workflow for over-the-counter (OTC) cash equities trades to help increase settlement efficiencies across UK and European markets. https://www.finextra.com/pressarticle/101117/marcus-robinson-replaces-frank-soussan-as-head-of-cdsclear-and-digitalassetclear?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101117/marcus-robinson-replaces-frank-soussan-as-head-of-cdsclear-and-digitalassetclear?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 11 Jun 2024 12:23:00 GMT LCH SA today announced that Marcus Robinson has been appointed Head of CDSClear and Head of DigitalAssetClear. https://www.finextra.com/pressarticle/100969/dtcc-clearstream-and-euroclear-offer-digital-asset-blueprint?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100969/dtcc-clearstream-and-euroclear-offer-digital-asset-blueprint?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 29 May 2024 20:10:00 GMT Today, three of the world’s largest financial market infrastructures (FMIs) – DTCC, Clearstream, and Euroclear – in collaboration with Boston Consulting Group (BCG), unveiled a blueprint for establishing an industry-wide digital asset ecosystem to drive acceptance of tokenized assets. https://www.finextra.com/pressarticle/100948/sifma-on-t1-migration?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100948/sifma-on-t1-migration?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 28 May 2024 19:41:00 GMT SIFMA today issued the following statement from Tom Price, managing director and head of technology, operations, and business continuity for SIFMA, on today’s transition to T+1 settlement: https://www.finextra.com/videoarticle/2253/outlook-for-treasury-ecosystems-in-2022?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2253/outlook-for-treasury-ecosystems-in-2022?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 24 Oct 2019 10:27:00 GMT Thomas Zink, Research Director, IDC & Tim Tyler, Global Industry Principle, Corporate, Finastra, speak about Finastra's on treasury trends, the shift in treasurers priorities, what banks need to do to stay relevant and future proof, and what technology banks can look to to support them going forward. https://www.finextra.com/videoarticle/2246/finextratv--sibos2019--the-big-themes-3-regulation?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2246/finextratv--sibos2019--the-big-themes-3-regulation?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 18 Oct 2019 09:44:00 GMT FinextraTV reports from Sibos 2019 in London on the impact of Regulation on the industry. In this, final episode, we learn about how Banks are adapting to the changing regulatory landscape, whether the cost of compliance outweighs the value of innovation, what success in this space demands and whether regulation will be able to keep up with the pace set by the tech giants. Standard Chartered, Deutsche Bank, Nordea, LHV, KPMG and Crown Agents Bank are among the many leading institutions to share their views exclusively with Finextra Research. https://www.finextra.com/videoarticle/2223/the-status-of-blockchain-development-within-trade?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2223/the-status-of-blockchain-development-within-trade?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 07 Oct 2019 16:00:00 GMT Vinay Mendonca, Global Head of Products and Propositions, HSBC, speaks at Sibos 2019 about how technology is improving world trade, the status of blockchain development and whether corporates are seeing the benefits from investment in blockchain. https://www.finextra.com/videoarticle/2178/what-a-comprehensive-post-trade-utility-for-fx-would-look-like?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2178/what-a-comprehensive-post-trade-utility-for-fx-would-look-like?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 22 Aug 2019 09:24:00 GMT Alex Walker, Head of Post Trade FX, Refinitiv, talks about post trade costs, processes and utilities, the principal obstacles to change, what Refinitiv has done to reduce post-trade costs and how fragmented post-trade processes can best be overcome. https://www.finextra.com/videoarticle/2007/industry-challenges-around-ibor-transition?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2007/industry-challenges-around-ibor-transition?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 11 Feb 2019 09:12:00 GMT Andrew Kouloumbrides, CEO, Xceptor and Bruce Laing, Partner, IBOR Transition lead, Baringa, speaks about the industry challenges around IBOR Transition, what Financial Institutions have done up to date to meet these challenges and what to expect next. https://www.finextra.com/videoarticle/1972/new-technologies-and-the-next-generation-of-trade?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/1972/new-technologies-and-the-next-generation-of-trade?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 26 Nov 2018 10:58:00 GMT Nancy Amert, Director Trade and Supply Chain Finance & Rory Kaplan, Director Trade and Supply Chain Finance, CGI, speak at Sibos 2018 in Sydney about the key takeaways from this years event around trade, which technologies we should be focusing on, what their potential impact is and where they are heading. https://www.finextra.com/videoarticle/1966/advancing-the-digitisation-of-trade?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/1966/advancing-the-digitisation-of-trade?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Nov 2018 16:08:00 GMT Farooq Siddiqi, Global Head of Trade, Standard Chartered, speaks at Sibos 2018 in Sydney about the current state of affairs for trade digitisation, how close we are to seeing trade being digitised, what the existing challenge is and what needs to be done. https://www.finextra.com/videoarticle/1932/improving-the-efficiency-of-trade-settlement-status?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/1932/improving-the-efficiency-of-trade-settlement-status?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 05 Nov 2018 14:00:00 GMT Jeslyn Tan, Head of Securities Services, Global Product Management, Deutsche Bank, talks at Sibos 2018 in Sydney about the market dynamics driving securities settlement, how these dynamics mean that the challenges and problem statements are unique for each client, and how Deutsche Bank is collaborating with clients to deliver insights that enable effective decision-making and deliver tangible benefit. https://www.finextra.com/videoarticle/1931/following-the-trade-wars-rhetoric?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/1931/following-the-trade-wars-rhetoric?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 05 Nov 2018 11:38:00 GMT Daniel Schmand, Global Head of Trade Finance, Deutsche Bank and Chair of the ICC Banking Commission, & Dr Rebecca Harding, Founder and CEO, Coriolis Technologies, speak at Sibos 2018 in Sydney about how trade had changed since Sibos 2017, how trade wars is affecting trade finance, what progress is being made to reduce the US$1.5trn trade finance gap, and whether digitisation is the solution. https://www.finextra.com/videoarticle/1929/major-drivers-for-banking-in-the-asia-pacific-region?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/1929/major-drivers-for-banking-in-the-asia-pacific-region?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 05 Nov 2018 09:27:00 GMT Mark Evans, Managing Director, Transaction Banking, ANZ, speaks at Sibos 2018 in Sydney, about the major drivers for banking in the Asia Pacific region, how banks are responding to the fintech and digital transformation era, and how emerging technologies are affecting change within trade finance. https://www.finextra.com/videoarticle/1922/the-progression-of-swift-gpi?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/1922/the-progression-of-swift-gpi?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 31 Oct 2018 14:44:00 GMT Marc Recker, Global Head of Institutional Market Management, Cash Management, Deutsche Bank, talks at Sibos 2018 in Sydney about how SWIFT’s global payment initiative is progressing, how transformative the initiative is, what opportunities it offers, and how it drives innovation and value for the corporate sector. https://www.finextra.com/videoarticle/1894/kyc-aml--transparency-for-crypto-currencies--icos?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/1894/kyc-aml--transparency-for-crypto-currencies--icos?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 14 Aug 2018 10:20:00 GMT Conor Coughlan, Global Head of Marketing, Fenergo, discusses the challenges facing institutions, issuers, exchanges, & investors in determining viability & suitability, for investing in crypto-currencies, ICOs and derived offerings so that this new asset class can mature, open up to institutional investors and play a more value adding role in the global economy. https://www.finextra.com/videoarticle/1871/bringing-about-new-systems-and-faster-payments-globally?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/1871/bringing-about-new-systems-and-faster-payments-globally?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 16 Jul 2018 10:32:00 GMT Gottfried Liebbrandt, CEO, SWIFT, talks at EBAday 2018 about the speed of the international payments landscape, which developments are most interesting and transformative for the industry and what role SWIFT plays in the development of faster payments globally. https://www.finextra.com/blogposting/26488/the-rise-of-super-apps-in-banking-integrating-financial-and-lifestyle-services?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26488/the-rise-of-super-apps-in-banking-integrating-financial-and-lifestyle-services?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 22 Jul 2024 14:14:20 GMT The concept of super apps has revolutionized the way users interact with digital services, integrati... https://www.finextra.com/blogposting/26507/mica-regulation-for-stablecoins-standard-for-worldwide-application?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26507/mica-regulation-for-stablecoins-standard-for-worldwide-application?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 24 Jul 2024 13:06:24 GMT On June 30, new strict rules for stablecoin issuers went into effect across the European Union und https://www.finextra.com/blogposting/26500/why-july-31-is-not-the-final-countdown-for-new-consumer-duty-rules?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26500/why-july-31-is-not-the-final-countdown-for-new-consumer-duty-rules?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 23 Jul 2024 20:55:19 GMT Over the past year, the financial sector has been adjusting to a new regulatory environment. On July... https://www.finextra.com/blogposting/26506/digitally-transforming-carbon-markets-to-restore-trust-drive-investment-and-grow-gdp?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26506/digitally-transforming-carbon-markets-to-restore-trust-drive-investment-and-grow-gdp?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 24 Jul 2024 12:46:19 GMT Carbon markets are essential for achieving climate goals by incentivising emission reductions. Howe https://www.finextra.com/blogposting/26483/building-a-more-inclusive-age-of-digital-remittances?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26483/building-a-more-inclusive-age-of-digital-remittances?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 22 Jul 2024 10:16:21 GMT Leaving your home, family, and country behind in the pursuit of new opportunities takes real courage...