WatersTechnology looks at more than 20 cloud-based projects and initiatives to see how banks, asset managers and vendors are embracing public providers, and the inherent problems involved.
The vendor is live with FX NDFs on the new cloud-based platform, but credit has been pushed to 2020 earliest.
During the most recent CFTC TAC meeting, members discussed interoperability issues, as well as quantum encryption concerns.
The testing will include 15 global banks and is aimed to end by the first quarter of 2019.
The information provider will now keep MarkitSERV, despite putting it up for sale earlier this year.
The Trade Information Warehouse overhaul, which had been slated for late 2018, is now scheduled for February 2019.
MarkitSERV plans to retire DSMatch and fold MarkitWire and other products into cloud-based platform.
Vendor will reposition financial businesses with move into alternatives and away from derivatives processing.
IHS Markit, in conjunction with CLS and LCH, will automate post-trade processes for complex currency derivatives but is looking at the entire market.
Service will initially support cleared interest rate swaps, basis swaps, forward rate agreements, overnight index swaps and swaptions.
Broker Affirmation service for foreign exchange trades aims to reduce complexity, cost and risk.
Service to facilitate automated netting for OTC derivatives and provide single data source for trades.
MarkitSERV, Markit’s electronic trade processing service for over-the-counter (OTC) derivative transactions, has connected to Korea Exchange (KRX) for the clearing of interest-rate swaps.
Markit has integrated real-time trade data from its MarkitServ electronic trade processing service for over-the-counter derivatives with its Portfolio Valuations valuation service that provides independent mark-to-market valuations and risk analytics for…
London-based Markit has announced that MarkitSERV will now be able to report over-the-counter (OTC) derivatives trades in rates, credit and equities for customers in accordance with European Market Infrastructure Regulation (Emir) requirements.
MarkitSERV, Markit’s electronic trade processing service for over-the-counter (OTC) derivatives, now connects customers to OTC Clearing Hong Kong (OTC Clear), the clearing service established by Hong Kong Exchanges and Clearing (HKEx). OTC Clear started…
Fiserv has announced that its post-trade processing TradeFlow product, recently upgraded with connections to MarkitSERV, will now be available on Linux.
Financial data provider Markit has appointed MarkitSERV’s former CEO, Jeff Gooch, as chief financial officer.
MarkitSERV, Markit’s electronic trade processing service for over-the-counter (OTC) derivative transactions, will be the first middleware provider to deliver foreign exchange (FX) trades for clearing to Nasdaq OMX.
Post-trade processing services provider DTCC says buying out Thomson Reuters' half ownership stake in Omgeo will promote DTCC's expansion, through Omgeo's 6,500 clients and 80 technology partners in 52 countries
Citi, Bank of America Merrill Lynch (BAML) and Goldman Sachs have signed up to MarkitSERV Credit Centre, Markit's pre-trade credit-checking facility for over-the-counter (OTC) derivatives transactions.
A group of back office vendors at the Futures Industry Association (FIA) New York Expo had a chance to brag about the most exciting product they have on offer, or in the works. This is what they offered up.
Markit has announced that it will buy out the Depository Trust and Clearing Corporation (DTCC) from their joint venture, MarkitSERV.