Utilities
Does the case against Cusip have legal merit? We’re about to find out
As the parties involved in the Cusip lawsuit wait to see whether the case will proceed to trial, Reb discusses what it might mean if the defense's claim that the case has no legal merit is true.
Utility is success? Row brews over futures post-trade workflows
Futures market participants say standardizing trade allocations through a post-trade utility could prevent a repeat of the chaos seen in March 2020, when back-office systems fails resulted in thousands of trade breaks.
Barclays Finds Blockchain Nirvana
Digital token USC could transform financial markets. But first, backers must prove it is secure.
IBM Exec: With Blockchain, It's All About Governance Interoperability
The tech company's VP of digital transformation talks blockchain and disruption caused by a highly-interconnected economy.
Banks Join Forces on Model Development Utility
Crisil is working with HSBC and three other banks on a platform to share model-building tools.
The Future of Cloud Regulation: The Authorities Take Notice
A look at how regulators could approach supervising public cloud companies in the future.
Swift Names Pérez-Tasso CEO
Pérez-Tasso will take over from current CEO Gottfried Leibbrandt, who will step down in June.
Leading Swap Dealers Join DTCC-Euroclear Margin Transit Utility
DTCC can now focus on expanding coverage of the MTU with the addition of leading dealers.
Crypto Markets Turn Traditional for Tools of the Trade
As interest in cryptocurrency trading refuses to wither, despite a bearish year, traders are increasingly calling for institutional-grade tooling from traditional markets to further develop the asset class.
The New Oil Rush: An Examination of the Alternative Data Market
Banks are looking to cash in on the alternative data boom, but an in-depth investigation of the alternative data market shows that they may be in for an uphill battle to claim territory.
Germany’s RSU Taps GoldenSource for Shared Landesbank Data Service
The RSU-GoldenSource service will allow participating German regional banks to use a multi-tenant, shared model to serve the needs of most of their reference pricing data.
SmartStream Shifts Strategy on SI Data
Smartstream RDU, which had previously announced it would take a utility approach to centralizing and sharing SI data, announces an SI Registry in collaboration with six APAs.
Utility Belt: How Utilities are Stepping Up
Banks, looking for ways to cut costs and meet regulatory pressures, are increasingly turning to collaborative projects like utilities.
Waters Wavelength Podcast Episode 113: IBM's Lund on Blockchain's Evolution
Jesse Lund talks about real uses for DLT in the capital markets, lessons learned while rolling out IBM's blockchain platform, and what’s ahead for 2018, and into 2019.
Waters Wavelength Podcast Episode 112: A Look at How Fintechs are Being Disruptive
The past two weeks have seen some major announcements that point to fintechs being even more disruptive than in years past.
Emerging Tech Could Help Push Utilities Forward
European trade group releases report highlighting the challenges and opportunities associated with building industry utilities.
UAE Banks Creating e-KYC Utility
United Arab Emirates-based banks take on the challenge of a robust Know Your Customer utility.
2017 AFTAs Winners' Circle: SmartStream Technologies
Historically, collaboration between banks hasn’t yielded much success—except, perhaps, when it comes to reference data. James Rundle talks with Peter Moss, CEO of SmartStream’s Reference Data Utility (RDU), about how the project came about, and how it’s…
FIS Derivatives Utility Signs Wedbush as First Non-Bank FCM
Wedbush is the third client win for the utility, which is rolling out a new clearing platform in 2018.
SmartStream Hopes Collaborative SI Utility Can Solve MiFID II Dilemma
Reference data and post-trade automation technology provider is meeting with banks in an effort to solve systematic internalizer conundrum.
Swift Eyes Industry Standard with Open KYC Registry
Financial messaging provider opens up Know Your Customer registry in bid to become standardized central utility.