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/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/newsarticle/43161/dtcc-buys-blockchain-outfit-securrency?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/43161/dtcc-buys-blockchain-outfit-securrency?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 19 Oct 2023 15:50:00 GMT The Depository Trust & Clearing Corporation (DTCC) has agreed to buy blockchain-based fintech Securrency. Financial terms were not disclosed. https://www.finextra.com/pressarticle/100522/asx-seeks-industry-feedback-on-move-to-t1?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100522/asx-seeks-industry-feedback-on-move-to-t1?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 24 Apr 2024 11:01:00 GMT ASX has today released an industry whitepaper to facilitate a discussion on the potential move from T+2 to T+1 settlement in Australia and is inviting industry stakeholders to make a submission. https://www.finextra.com/pressarticle/100475/dtcc-urges-market-participants-to-up-their-game-in-anticipation-of-t1?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100475/dtcc-urges-market-participants-to-up-their-game-in-anticipation-of-t1?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 22 Apr 2024 13:42:00 GMT The implementation of a T+1 settlement cycle in the U.S. is a little over one month away, and market participants continue to prepare for the May 28, 2024, deadline. https://www.finextra.com/pressarticle/100452/banco-de-la-repblica-de-colombia-launches-new-central-securities-depository?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100452/banco-de-la-repblica-de-colombia-launches-new-central-securities-depository?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 18 Apr 2024 15:56:00 GMT Montran, a global leader in capital markets infrastructure, announces the successful launch of the new Central Securities Depository (CSD) platform at the Banco de la República de Colombia. https://www.finextra.com/pressarticle/100411/clearstream-invests-in-digital-vault-services?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100411/clearstream-invests-in-digital-vault-services?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 17 Apr 2024 13:57:00 GMT Clearstream, Deutsche Börse’s post-trade business, intends to make an investment in Digital Vault Services (DVS), a pioneering fintech offering issuance and safekeeping services for digital bank guarantees and sureties in Europe. https://www.finextra.com/pressarticle/100351/sbi-securities-selects-broadridge-for-post-trade-services?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100351/sbi-securities-selects-broadridge-for-post-trade-services?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 15 Apr 2024 09:42:00 GMT Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that SBI SECURITIES Co., Ltd. has selected Broadridge’s post-trade solution to launch its equities brokerage services to clients in the UK, through its subsidiary SBI Shinsei International Limited. https://www.finextra.com/pressarticle/100311/dtcc-and-regnosys-support-isda-digital-regulatory-reporting?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100311/dtcc-and-regnosys-support-isda-digital-regulatory-reporting?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 10 Apr 2024 13:23:00 GMT DTCC, the premier post-trade market infrastructure for the global financial services industry, today announced that it is working with REGnosys to support industry adoption of the ISDA Digital Regulatory Reporting (DRR) solution and aid compliance with forthcoming global derivatives trade reporting rewrites. https://www.finextra.com/pressarticle/100240/bofa-and-state-street-back-cboe-clears-ccp-for-sft?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100240/bofa-and-state-street-back-cboe-clears-ccp-for-sft?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 04 Apr 2024 12:13:00 GMT Cboe Clear Europe, Cboe’s Amsterdam-based pan-European clearing house, today announced that it has secured the support of additional participants to support the launch of its Central Counterparty (CCP) clearing service for securities financing transactions (SFTs). https://www.finextra.com/pressarticle/100238/dsb-calls-for-industry-input-on-otc-derivatives-identifier?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100238/dsb-calls-for-industry-input-on-otc-derivatives-identifier?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 04 Apr 2024 10:49:00 GMT The Derivatives Service Bureau (DSB), the golden source of reference data for Over-the-Counter (OTC) derivatives, has released the schedule for the 2024 industry consultation relating to the OTC International Securities Identification Number (ISIN), Unique Product Identifier (UPI) and Classification Financial Instrument (CFI) service provisions. https://www.finextra.com/pressarticle/100028/asx-consults-on-proposed-replacement-for-chess-clearing-and-settlement-system?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100028/asx-consults-on-proposed-replacement-for-chess-clearing-and-settlement-system?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 14 Mar 2024 09:52:00 GMT Today ASX released a public consultation paper calling for feedback on the two-stage approach it has proposed for the delivery of CHESS replacement, as well as the proposed implementation plan for the clearing service, which is to be delivered in the first release. https://www.finextra.com/pressarticle/99856/trading-technologies-closes-ateo-acquisition?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/99856/trading-technologies-closes-ateo-acquisition?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 29 Feb 2024 20:42:00 GMT Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced that it has closed on the acquisition of ATEO SAS, a leading provider of post-trade solutions for listed derivatives, expanding TT's reach into clearing and other middle-office technologies and services. Terms of the transaction were not disclosed. https://www.finextra.com/pressarticle/99824/dtcc-tells-market-participants-to-get-ready-for-t1?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/99824/dtcc-tells-market-participants-to-get-ready-for-t1?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 28 Feb 2024 15:33:00 GMT "With the U.S. transition to a T+1 settlement cycle less than three months away, market participants must accelerate their preparations with a focus on enhancing operational efficiencies, including the achievement of same-day affirmation. https://www.finextra.com/pressarticle/99795/vermiculus-to-build-central-core-for-clearing-houses-in-chile-colombia-and-peru?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/99795/vermiculus-to-build-central-core-for-clearing-houses-in-chile-colombia-and-peru?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 27 Feb 2024 11:07:00 GMT nuam exchange, the entity resulting from the integration of the Lima, Santiago and Colombia stock exchanges, announced a partnership with Vermiculus Financial Technology, a technological solutions vendor for the financial industry, to implement a modern, flexible technological core for the Central Counterparty Clearing Houses (CCP) in Chile, Colombia and Peru. 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/26198/what-does-basel-iv-mean-for-eu-banks-a-quick-review-of-the-challenges-and-opportunities?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26198/what-does-basel-iv-mean-for-eu-banks-a-quick-review-of-the-challenges-and-opportunities?utm_medium=rssfinextra&utm_source=finextrafeed Sun, 19 May 2024 06:02:44 GMT The finalisation of Basel IV marks a significant milestone in the ongoing evolution of global bankin... https://www.finextra.com/blogposting/26206/b2b-stablecoin-payments-ready-for-take-off?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26206/b2b-stablecoin-payments-ready-for-take-off?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 20 May 2024 12:44:04 GMT The market for stablecoin payments is gaining momentum, as more leading payment providers such as Vi... https://www.finextra.com/blogposting/26224/how-the-digital-assets-industry-can-harness-its-own-tech-to-set-a-positive-climate-example?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26224/how-the-digital-assets-industry-can-harness-its-own-tech-to-set-a-positive-climate-example?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 22 May 2024 12:30:35 GMT It’s already been a landmark year for the digital assets sector, with newly approved spot Bitcoin ex... https://www.finextra.com/blogposting/26209/preparing-for-dora-a-roadmap-to-compliance-for-financial-institutions?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26209/preparing-for-dora-a-roadmap-to-compliance-for-financial-institutions?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 20 May 2024 15:16:04 GMT Financial services providers are essential for the modern world, supplying the systems critical to t... https://www.finextra.com/blogposting/26213/empowering-digital-banking-ux-using-the-laws-of-psychology?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26213/empowering-digital-banking-ux-using-the-laws-of-psychology?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 21 May 2024 09:16:41 GMT In today's competitive financial landscape, exceptional user experience (UX) is not just a different...