The concept of a “golden copy” is well established. But what happens when buy-side firms want to differentiate themselves by launching new services, only to find themselves maintaining multiple “single” sources of data—or worse, none at all?
After years of neglect, back-office processes are finally getting attention. Wei-Shen wonders how much innovation can truly take place in the back office and how processes will actually improve.
A wave of regulatory reviews is renewing interest in unified data repositories. But Josephine says a centralized utility for trade reporting is never going to happen.
List is integrating its Janus product suite with Clarus Financial Technology’s OTC risk management system.
Ex-head of CME Group’s repository services looks to disrupt regtech with his startup, recruiting talent from market structure firms that have scaled back regulatory reporting businesses.
Blockchain’s proponents say faster settlement times make the technology akin to TV’s streaming revolution.
As funding for startups and young companies dries up due to inflation and rising interest rates, Anthony looks at some of the vendors that have received monetary infusions this year to see if there are any patterns to be gleaned.
After acquiring Blue Prism earlier this year, SS&C is looking to pair its Chorus business process optimization tool with the RPA specialist.
As ASX’s Chess replacement project stalls yet again, Anthony wonders if the exchange is at risk of falling behind the likes of Cboe, Nasdaq and CME, which are making major investments in cloud technology.
The non-profit will provide a neutral, open-source repository to help the trade associations govern and maintain the CDM.
A broker-dealer and two investment managers have filed a new, joint complaint against the quartet of companies associated with management of the Cusip numbering system.
Retooling repo: How Broadridge, Bloomberg, Tradeweb, and JP Morgan are modernizing repurchase agreements
From brokers to trading platform providers, players in the repo market are focused on initiatives around reducing settlement fails, increasing automation, and streamlining operations.
Broadridge's Danny Green sits down with Victor Anderson and discusses his firm's recent acquisition of Itiviti, technology mutualization, and the back-office pain points currently impacting Broadridge’s clients.
As financial firms turn their attention toward modernizing the back office, how they approach these projects comes under new scrutiny.
Buying off the shelf can be cheaper and faster than building in-house, but giving up IP rights to critical platforms is a trade-off some firms aren’t willing to make.
The market operator has onboarded about 500 new clients and aims to create new revenue streams to ease the ongoing cost and margin pressures.
Insightful monitors in the range of 120 different communication channels and 40 different datasets, which will be integrated into Bloomberg Vault, among other BBG compliance systems.
Move to shorten the settlement cycle in the US could have knock-on implications for other markets, as the EU grapples with a new penalty regime.
A judge for the Southern District of New York has also ordered that two class-action suits brought against Cusip Global Services and its affiliates earlier this year be consolidated.
Better data visibility across multiple systems could provide a driver for technological change in the world of post-trade.
The vendor is leveraging its back office capabilities and platforms to integrate Itiviti, and bolster its LTX bond trading platform.
R3 is among the companies working with the regional bank on a proof-of-concept to bring efficiencies to cross-border securities transactions.
Symphony Communication Services is piloting an experimental ID service that uses Web3 and DeFi concepts to automate and reduce the burden of tasks like know-your-customer, onboarding, and reporting.
Anthony looks at some of the questions that came up from industry participants in the wake of the LSEG-MayStreet deal.