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.
Kooltra Launches Cloud-Based Back-Office Tool for FX Market
The first rollout of the offering is geared toward smaller and new brokers looking to outsource their back-office tech.
Microsoft Sees Trade Finance, Bond Issuance as Ripe for Blockchain Growth
Marc Mercuri of Microsoft explains where the tech giant sees room for blockchain solutions in the future.
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.
Blockchain Investments Survive the Crypto Winter
Investments into blockchain have continued to grow despite the crypto winter and the downfall of ICOs. VC investors are banking on their belief that blockchain will ultimately offer transformation across many industries,.
NYSE President Sees Tech as Key to Big Board's Next Evolution
A look at the massive tech projects (and legal battles) underway at the NYSE, which are being led by Stacey Cunningham.
Swift Names Pérez-Tasso CEO
Pérez-Tasso will take over from current CEO Gottfried Leibbrandt, who will step down in June.
Digital Asset and Isda Create Rosetta Stone for Derivatives Smart Contracts
The event specification module will allow for a common DAML library that references machine-executable trade lifecycle events.
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.
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.
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.
CLS Sees Growing Buy-Side Demand for FX Settlement Risk Solutions
Buy-side participants are now more aware of the risks associated with FX settlement, and are getting more involved in managing them.
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.
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.
Replicating Traditional Financial Markets
As strides are being made to encourage greater institutional participation in the trading of cryptocurrencies, Wei-Shen ponders whether the crypto space will end up looking exactly like the traditional financial ecosystem.
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.
Tokenization: The Flip Side of the Coin
Turning traditional assets into digitally traded data is one of the most commonly cited benefits of emerging technology, including distributed ledgers. But the reality is that the process is far more difficult than it seems.
Kaizen New Hire to Head Trade Reporting Expansion
Chris Machin will lead development of the expansion of ReportShield to cover APA trade reporting.
BCS Launches Synthetic Prime Brokerage Services
The offering will enable easier access to the Russian equity and derivatives markets.
Custody Seen as Crypto's Next Major Battleground
Although institutional interest in cryptocurrency trading has grown, the development of the custody space, in particular, is crucial for its next phase of evolution.
STP: Shedding the Leftover Inefficiencies
The age-old problem of achieving straight through processing remains a challenge for some buy-side firms today. But time is running out.
Emerging Markets Exchanges Embrace New Tech
While economic measures might place markets in Kenya, Tanzania, Palestine and elsewhere firmly in the “emerging” bracket, their use of technology is anything but.