Clearing and settlement
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.
CLS Appoints Central Banker as CEO
Marc Bayle de Jessé brings markets infrastructure and payments experience to CLS.
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.
Safe as Houses
If you want the definition of a circular argument, talk to anyone involved with clearing about resilience and recovery. But more pernicious risks remain unaddressed.
ASX Offers Free Blockchain Settlement to Lure Early Adopters
ASX plans to release the CHESS replacement in 2021 and the hope is to cut into Swift settlements.
HKEx Lays Out Three-Year Technology Plan
Exchange says upcoming Ronghui Tongjin acquisition will enhance its own IT strategy.
Velocity Ledger Taps Prime Trust for Digital-Asset Custody
Velocity Ledger Financial will also soon launch an issuing-and-settlement platform to tie together different kinds of blockchains.
Startup Fincross to Onboard Clients, Launch Crypto Custody in Q2
Subject to regulatory approval, the newly created digital asset investment bank plans to launch a custody solution in April.
HKEx Adopts Traiana FX Clearing Solution
Market participants can now clear deliverable FX trades regardless of how they were executed.
A Look Back at Major Developments in Asia from 2018
From the data battle between the SGX and India to the ASX green-lighting its clearing blockchain project, Wei-Shen Wong looks back on topics that made headlines this past year.
Northern Trust Plans Wider Blockchain Rollout in 2019
The bank currently has two blockchain projects in train, for private equity and clearing.
Citi's Chen Joins HKEx for Post-Trade BizDev
Cindy Chen will oversee HKEx’s blockchain-enabled post-trade allocation and processing platform project.
Ripple Targets Correspondent Banks in Southeast Asia
The firm recently added Siam Commercial Bank to the network, allowing the bank to act as a clearing provider, and receive and forward on payments.
DTCC, Symphony Partner to Offer Faster Exception Resolution
DTCC will integrate Symphony's chat capabilities with its DTCC Exception Manager platform.
David Puth Steps Down as CEO of CLS
After six years leading CLS, David Puth is relinquishing his role as CEO.
SEB Goes Live with DTCC's Alert Regional Custodian Workflow
The Swedish bank will use US firm's network as a white-labelled service.
IHS Markit Overhauls Derivatives 'Nerve Center' with TradeServ Launch
MarkitSERV plans to retire DSMatch and fold MarkitWire and other products into cloud-based platform.
INTL FCStone Takes Paxos Precious Metals Confirmation Platform
The platform automates trade confirmations, reconciles transactions and aims to minimize operational errors.
Deutsche Bank Moves Half of its Euro Clearing to Frankfurt
The move by Germany's largest bank is being seen as an outcome of Brexit uncertainty
EuroCCP Picks Nagel as CEO
Former LCH executive to take over as chief executive of cash-equities clearinghouse.
EuroCCP Signs Agreement With Deutsche Börse
The deal with Europe's largest equities CCP is expected to increase competition in the market.
DTCC Gets Ahead of Brexit with New Dublin Office
The utility plans to open a fully functioning Dublin office in the first quarter of next year.
Team Player: Peter Clark, Standard Chartered
Peter Clark, CIO for Greater China and North Asia (GCNA) at Standard Chartered, talks with Waters about the projects they're working on and the team he's built.
LSEG Acquires Minority Share in AcadiaSoft
LSEG is looking to improve its non-clearing services with this latest deal.