Post-trade
Can AI beat exceptions out of the back office?
The Waters Wrap: Agentic AI can help operations teams tackle exceptions. But first, they need to get their house in order, writes Wei-Shen.
Can Canada follow in the US’s footsteps in overnight trading?
Canadian marketplaces and trading venues are in a race to see who can first authorize overnight equities trading, but not everyone is convinced of its value.
Paxos wins temporary approval for blockchain clearing push
Blockchain infrastructure company will have a period of 18 months to “ramp up” readiness for operations, per the SEC’s approval letter.
Is a 2027 T+1 move too soon for Hong Kong?
The Waters Wrap: Wei-Shen examines HKEx’s discussion paper on moving to T+1 in Q4 2027. A move so soon has its benefits but still requires careful consideration, she says.
What firms get wrong when changing investment operations technology
Without operating redesign, governance, and clear accountability, modernization can amplify risk instead of reducing it, writes Patrick Conroy.
How banks are utilizing new AI forms in their KYC process
Execs from JP Morgan, ING, and Standard Chartered explain how they are looking to use agentic AI to streamline KYC workflows.
Re-engineering reconciliations: User-initiated AI cuts recs from days to minutes
Reconciliations have long been tied to batch scheduling. Prasanna Anandan explains how one bank broke down bottlenecks by embedding an AI-driven, user-initiated interface.
T+1 in Asia-Pacific: Preparing post-trade operations for what’s ahead
There are benefits of Asia-Pacific markets moving to T+1, but there are unique complexities to tackle, says DTCC’s Val Wotton.
SocGen streamlines corporate actions with Euroclear tool
The French bank is deploying the Cash+ service to help improve the elective dividends process.
Securities industry nears tipping point for dual messaging standards
Industry groups call for a freeze on ISO 15022 maintenance to accelerate ISO 20022 adoption.
Broadridge’s agentic strategy takes its lessons from past AI winters
The Waters Wrap: Anthony looks at a real-world agentic project underway at the post-trade giant to see what others can learn.
LSEG’s TradeAgent to challenge swap confirmation monopoly
Post-trade platform aims to extend clearing efficiencies to bilateral markets beyond SwapAgent.
Jump Trading CIO: Prop AMMs allow users to create ‘a mini Jump Trading’
Dave Olsen said at FIA Boca that a new concept, proprietary automated market-makers, had grabbed the firm’s attention this year.
Achieving true front-to-back integration: Simplifying the trade life cycle
How mid-tier firms can simplify the trade life cycle and build for the future.
Achieving true front-to-back integration: Simplifying the trade life cycle
Why front-to-back-office integration of the full trade life cycle is now a strategic imperative for firms
SGX to modernize data lake
The work is part of the exchange’s efforts to enhance its securities trading platform.
Digital employees have BNY talking a new language
Julie Gerdeman, head of BNY’s data and analytics team, explains how the bank’s new operating model allows for quicker AI experimentation and development.
Pressure mounts on Asia to fall in line for T+1
With the US already on a T+1 settlement cycle, and the UK and EU preparing for the shift in 2027, there’s pressure for Asia to follow suit. But moving may involve more risks than expected.
Will overnight trading in equity markets expand next year? It’s complicated.
The potential for expanded overnight trading in US equity markets sparked debate this year, whether people liked it or not.
Waters Wavelength Ep. 341: Citi’s Pitts and Topa
This week, Citi’s Michele Pitts and Marcello Topa join Wei-Shen to talk about UK and EU T+1.
Technology alone is not enough for Europe’s T+1 push
Testing will be a key component of a successful implementation. However, the respective taskforces have yet to release more details on the testing schedules.