DTCC
This Week: Refinitiv/Google Cloud; DTCC; Bloomberg/ MSCI; and more
A summary of some of the past week's financial technology news.
Vendors Feel Heat as Regulators Pile Pressure on Third-Party Resiliency
UK regulators have proposed new laws to clamp down on operational resilience and third-party risk, pushing fintechs to put some skin in the game.
Blockchain in the Capital Markets: Slow Progress in 2019
While real blockchain rollouts are still few and far between, some firms made progress in 2019. Here are 18 projects in some stage of development.
People Moves: Refinitiv, State Street, DTCC, Liquidnet & More
A look at some the key "people moves" from last week, including Mike Hill (pictured), who joins Compliance.ai.
People Moves: MarketAxess, Trading Technologies, DTCC & More
A look at some of the key "people moves" over the last week, including Ryan Gwin (pictured), who joins MarketAxess.
Barclays: The Future of Post-Trade is a Common Utility Platform
Financial firms are pushing for a distributed market infrastructure model through efforts like Isda's Common Domain Model and distributed ledger technology.
MarkitSERV Delays Credit Rollout for TradeServ Platform
The vendor is live with FX NDFs on the new cloud-based platform, but credit has been pushed to 2020 earliest.
DTCC Explores Gatekeeper Role for DLT Networks
Post-trade company looks to stay ahead of DLT curve with plans to act as CCP for firms trading on permission-based blockchains.
Tech, Data Concerns Mount as SFTR Deadline Edges Closer
Industry experts voice concerns regarding the drafting of the regulation and the length of time to prepare, particularly as firms are still waiting on guidelines to be published.
DTCC Develops Tool to Support DLT Governance
The tool has been developed as part of DTCC's work with the industry to build a DLT network and governance model.
As Blockchain Projects Sputter, Capital Markets Firms are Having Second Thoughts
WatersTechnology examines some of the disillusionment permeating the capital markets when it comes to blockchain.
People Moves: Tradition, Glue42, DataRobot, SEC, Tora, BTON, Chainalysis
A look at some of the key "people moves" from June 24-28, including Rob Hegarty, who joins DataRobot.
The KYC Headache Worsens: An Examination of the Onboarding Process
Despite technological advancements, the onboarding process is still a slog. Banks and vendors are trying to change that.
DTCC Sets Testing Schedule for SFTR Services
Third-party partners and clients to begin testing SFTR messaging and connectivity to its Global Trade Repository in two months.
Setting the Standard: Derivatives Industry Looks to Machine-Readable Technology
As regulators and industry bodies ramp up efforts to deploy machine-readable models for derivatives reporting, adoption of industry-wide standards has more than a few challenges to overcome.
SFTR Preparations Stifled by Data Availability
While the initial go-live date of SFTR is set for early 2020, data availability and legacy processes remain the leading roadblocks.
Industry Participants Differ on Blockchain Benefits
As some firms are pushing forward with blockchain projects, others are saying it's not yet ready for prime time.
Sifma Rolls Out Bulk Transfer Plan
The plan will lay out a common process to move accounts if a broker-dealer falls into difficulties.
DTCC Chief Predicts Substantial Change to Market Infrastructures Within a Decade
Michael Bodson predicts technology will fundamentally change how the markets work.
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.
Southeast Asian Firms Look to Automate Post-Trade Processes
Using the DTCC’s central trade manager platform, Bangkok Capital Asset Management can automate its post-trade process with almost 2,000 counterparties in 52 countries.
Wavelength Podcast Episode 158: Giancarlo’s Swan Song; Crypto Madness; DTCC/ASX Blockchains
A discussion about blockchain projects in the capital markets, the crypto space and further delays for the CAT.
Witad Awards 2019 Write-Ups: Vendor Partnership or Alliance Professional of the Year—Marisol Collazo, DTCC
Marisol Collazo, MD and global head of strategic partnerships at the DTCC, wins this year’s vendor partnership professional category.
DTCC’s Blockchain-Powered Trade Information Warehouse Set for Late 2019 Launch
The credit derivatives processing facility will go live on the distributed ledger platform by the end of the year.