After six years leading CLS, David Puth is relinquishing his role as CEO.
The LedgerConnect project aims to provide a secure network for deploying and consuming relevant information and services.
CLS will join the R3 board and will help push the release of blockchain applications for currency markets.
CLS plans to fully integrate CLSReporting, a new FX matched instruction service, in Q2 of 2018.
The forecasting tool will enable traders to identify movements and liquidity, while helping risk and compliance staff to adjust models based on market events.
Vas Rajan will be responsible for validating security measures for the CAT in a vital phase of the system's roll-out.
2018 is the year when large numbers of participants in the derivatives market expect to see emerging technologies being integrated into their existing technology ecosystems
IHS Markit, in conjunction with CLS and LCH, will automate post-trade processes for complex currency derivatives but is looking at the entire market.
New products include a same-day gross settlement service, data products and trade monitoring and reporting tools.
Japanese firm joins 65 other financial firms on CLS's settlement and risk mitigation system.
With US political conventions in full swing, Max outlines his manifesto for data democracy.
The data provides greater granularity and frequency than CLS' existing offerings, and will appeal to traders, risk and portfolio managers and those managing currency risk.
Tom Zschach is set to join the foreign exchange (FX) risk-mitigation utility CLS Group as its chief information officer come September 1.
Ken Harvey has been appointed chairman of the board of directors of CLS Group and CLS Bank International, bringing over 30 years of financial expertise to the role.
Gerard Hartsink has been nominated as chair of the board of directors of the Global Legal Entity Identifier Foundation and says he and the 15 other nominees understand the foundation and central operating unit must move quickly
CLS Group has announced that Hirochika Iwadare, general manager of the global markets trading division at Bank of Tokyo Mistubishi UFJ, has been elected to the CLS Group Holdings board of directors.
CLS Group, the firm responsible for settlement risk mitigation in foreign-exchange (FX) markets, has announced that it has gone live with T+0 settlement for the US Dollar and Canadian Dollar currency pair (USD/CAD).
CLS Group has announced that it will expand its presence in Asia-Pacific through the opening of an office in Hong Kong.
CLS Group has announced that Natixis has upgraded its membership of the service from a third-party participant to a full settlement member.
Mizuho Corporate Bank has joined the CLS Aggregation Service (CLS AS), operated by CLS Group and Traiana, for trade compression in the foreign exchange (FX) market.
CLS Group has announced five new additions to its board of directors after shareholder elections, which now totals 24.
CLS Group has selected ex-American Express staffer Alexander Fishie to take the post of chief financial officer (CFO).
CLS Group, the organization responsible for the mitigation of settlement risk for institutional foreign exchange (FX) transactions, has announced the addition of Swedbank as a settlement member.
FX settlement facility tagged as crucial to US economy by regulator.