Post-trade
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.
Waters Wrap: A useful use-case for blockchain? (And Broadridge’s bond play)
While not a fan of blockchain, Anthony looks at some potential use-cases for the tool in the world of capital markets. He also gives his thoughts on Broadridge’s soon-to-launch LTX platform.)
Blockchain ‘track-and-trace’ tech could tackle data compliance, audit exposure, experts say
Startup DLT provider TradeX proposes using blockchain's immutable ledger as an indisputable record of market data entitlements and consumption, to reduce licensing disputes.
This Week: Janus/SS&C; Wolters Kluwer; Tora/Neptune; Standard Chartered/Northern Trust; SimCorp; & More
A summary of some of the past week's financial technology news.
Waters Wrap: Blockchain is Still Overhyped (And Ion/Broadway Thoughts & the Consulting Boom)
In 2016, Anthony wrote that the blockchain revolution was overhyped—unsurprisingly, his opinions have not changed. He also delves into the Ion-Broadway deal, and looks at new consulting/advisory firms that have recently come to market.
This Week: RepRisk/JP Morgan; TP Icap; Moody’s/MioTech; FTSE Russell; SimCorp & More
A summary of some of the past week’s financial technology news.
BoE's Post-Trade Reform Efforts Will Need Full Industry Cooperation
The central bank's report on the future of post trade will face the same competitive interests that have hindered previous attempts at eliminating inefficiencies and bringing automation to the back office.
Nasdaq Repackages Clearing Platform for NFF Tech Stack
The exchange will add further portfolio applications to the NFF according to market demand.
AI Can Drive Reconciliations Efficiency In Period of Increased Volume
As the coronavirus drives trading volumes, post-trade processing is increasingly an area of operational risk, and firms should consider automation, analyst says.
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.
Torstone Buffs Middle-Office Bona Fides with Percentile Buy
Torstone will add a risk management component to its post-trade platform through its acquisition of the vendor.
HKEx Adopts Traiana FX Clearing Solution
Market participants can now clear deliverable FX trades regardless of how they were executed.
Corfinancial Elevates CFO Hobson to CEO
Hobson, who has served as CFO of Corfinancial for the last 15 years, will be responsible for expanding its market share and products globally.
CME, NEX Set to Clear Final Acquisition Hurdles
The two firms are moving quickly to complete their tie-up after UK antitrust regulators give the green light.
Fintech Could Demolish Europe’s Capital Markets Union Barriers
Influential lobby group urges European authorities to consider how technology could resolve outstanding issues with its single-market project.
Waters Wavelength Podcast Episode 95: Bitcoin/Blockchain News, BNP's Acquisition, Post-Trade Tech
Anthony and James take a look at some of the biggest news events from the past week.
The Post-Trade Reshuffle
The European Commission and the wider industry are turning their eyes to post-trade practices
Community Releases Guidelines For Post-Trade Use of FIX Standard
Working group says rules can reduce risks and costs
Trillium Taps USAM for Surveyor Sales
The deal provides Trillium with experienced staff to manage the sales process for its Surveyor analysis and compliance tool.
Knott Named CEO of Post-Trade Risk and Information Services at ICAP
Former Standard Bank chief executive to join IDB.
Barclays Africa Goes Live on EquiLend
Johannesburg-based Absa Bank, a subsidiary of Barclays Africa, has become South Africa’s first domestic bank to execute a securities finance trade on the EquiLend trading platform. The move marks a progression toward the automation of Absa’s trading and…
Trillium Begins Post-Trade Analytics Push
Trillium Labs, a software development spin-off from New York-based proprietary trading firm Trillium Trading has filed a patent for a new post-trade compliance monitoring tool for US equities trading that compares traders' order data to full order book…
TriOptima Turns on DTCC Data Link
TriOptima─a provider of post-trade infrastructure, processing and risk management solutions for over-the-counter derivatives, owned by interdealer broker Icap─has gone live with a link to capture market data on OTC derivatives trades reported to the…
Post-Trade Risk: Striking the Right Balance
Post-trade risk assessment is poised to grow in importance and deserves the attention of traders as clearing information becomes more available, according to panelists who spoke at the North American Trading Architecture Summit this week in New York.