Clearing and settlement
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.
Wavelength Podcast Episode 120: CCP Non-Default Losses
James and Anthony look at the main issues around CCP non-default losses, who should be responsible for these funds, and where this is all heading.
DTCC Announces First Phase of Settlement Exposure Reduction
DTCC will focus on settlement optimization, looking to reengineer how it processes trades before end of day.
Digital Asset Opens Smart Contract Language to Developers
Blythe Masters says that DAML is designed to reduce the risk of developer error creating broader problems for the market.
The EU and US Are Playing a Dangerous Game
Bickering between regulators rarely helps anything, but power plays involving CCPs are even less helpful.
ASX Considers Blockchain for Fixed-Income Platform
The exchange sees it as a logical development opportunity to make business easier for its customers.
CFTC Commissioners Lash Out at EC Clearing Proposals
The push to expand oversight of US CCPs is “a clear breach” of 2016 equivalence deal, Quintenz says.
For Central Banks, Digital Currency Risks May Outweigh Benefits
CPMI's report says existing technology is sufficient at present to deliver the benefits of digital currencies, without introducing new risks.
Asia’s New Tigers: Exchanges Overhaul Aging Systems
Waters looks at major projects being rolled out in 2018 at exchanges in Japan, Australia, Hong Kong and Singapore.
Thai Stock Exchange Settles in for T+2
The exchange is looking to use technology to innovate its post-trade processes and introducing e-proxy and e-voting to benefit shareholders.