Clearing & Settlement
Post-trade still struggling from underinvestment, but purse strings are opening
Bloomberg, Broadridge, BNP Paribas, and a handful of startups are working to address manual processes in the back office.
Cloud and APIs begin to (slowly) permeate the post-trade space
As financial firms turn their attention toward modernizing the back office, how they approach these projects comes under new scrutiny.
If it ain’t broke, break it: Back-office tech reform may benefit front-office returns
Better data visibility across multiple systems could provide a driver for technological change in the world of post-trade.
Development bank aims for better settlement with blockchain prototype
R3 is among the companies working with the regional bank on a proof-of-concept to bring efficiencies to cross-border securities transactions.
Tech vendors rethink risk in era of surging options volume
As options volumes soar, technology vendors are thinking about new risks posed when legacy infrastructure meets increasingly complex markets.
From overhype to practical use cases: the DLT projects that gained ground in 2021
WatersTechnology reflects on some notable distributed ledger technology projects.
Post-trade in the cloud: Startup RQD aims to reimagine clearing
With the post-trade space poised for major change, startup clearing firm RQD says a new cloud-based platform will help it respond to client needs and new business opportunities.
This Week: Macrobond/FactSet, Tradweb, Bloomberg, DTCC, and more
A summary of some of the past week’s financial technology news.
Deutsche Bank leverages AI for securities services
The bank’s client segmentation offering creates more targeted post-trade offerings, while its prediction engine can help reduce settlement failures.
Shorter settlement cycles could hit non-US firms hard
As efforts continue to shorten the settlement cycle for US securities to T+1, market participants in Asia worry about the potential implications.
What can HKEx’s Synapse learn from watching ASX’s game of Chess?
HKEx is looking to leverage smart contracts for its Synapse platform. Sell-side participants are generally positive as to the reasoning behind the build, but observers warn the ambitious project still has challenges to overcome.
This Week: JP Morgan, Deutsche Börse, Refinitiv, and more
A summary of some of the past week’s financial technology news.
As ASX preps Chess replacement testing phase, other data & cloud projects progress
Testing on the new DLT-based platform will begin in July. The Aussie exchange is also making progress on its DataSphere project and has addressed ASX Trade after an outage last year, according to the company’s CEO.
RBC Taps Salesforce and Others for Broker, Wealth Custody Platform
The full platform, leveraging an open API architecture and multiple third-party providers, will enter beta testing in early 2021.
Nasdaq, HKEx: Blockchain’s Disruptive Potential Overstated
Distributed ledger technology won’t replace existing exchange infrastructure despite potential for smaller use cases, say CEOs.
This Week: Trading Technologies, Deutsche Borse, SS&C-Canoe, TNS, Clearstream-LCH, S&P, Refinitiv, Sterling TT
A summary of some of the past week’s financial technology news.
ASX Reviews CHESS Replacement Timeline as Coronavirus Bites
The exchange will consult on a new schedule in June, but industry testing of the platform is still on track for July.
ASX on Track for CHESS Replacement Testing
The Aussie exchange is to begin industry-wide testing of its DLT settlement program.
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.
SGX Shifts Focus to Investor Accessibility
The exchange recently upgraded its post-trade system.