Settlement
This Week: DTCC, SIX-Orenda, Neuravest, Overbond, Quod, and more
A summary of some of the past week’s financial technology news.
Waters Wrap: Blockchain is Still Overhyped (And Ion/Broadway Thoughts & the Consulting Boom)
In 2016, Anthony wrote that the blockchain revolution was overhyped—unsurprisingly, his opinions have not changed. He also delves into the Ion-Broadway deal, and looks at new consulting/advisory firms that have recently come to market.
New DTCC Consulting Unit Embarks on First Project
The market infrastructure firm founded a new advisory service last month, which has begun its first client engagement to evaluate regulatory reporting.
Science Friction: Some Tire of Waiting for Quantum’s Leap
Use cases for quantum computing are piling up—from CVA to VAR. But so are the obstacles
Dutch Banks, Zapata Computing Tap Quantum Computing for Stress Test Projects
ABN, ING and Rabobank are exploring quantum for regulatory stress tests. In the US, Zapata Computing is seeking a patent for the same.
Time for a Post-Trade Upgrade – Automation is Critical in Reducing Trade Fails
Matt Stauffer, managing director, institutional trade processing at DTCC, explores how firms can reduce trade fails by adopting an adaptable, automatic solution that simplifies the process of analyzing and upgrading the post-trade lifecycle
Isda 'Create' Marks Important First Step Toward Smart Contracts
WatersTechnology goes inside Isda Create to see how the organization is aiming to bridge the gap between the worlds of paper contracts and legal data.
Barclays Proposes New Taxonomy for Digital Tokens
The UK bank argues that a common approach to classifying tokens is needed to prevent regulatory arbitrage.
Barclays Blueprint for Post-trade Plumbing Puts Onus on FMIs
The institution is banking on financial market firms to drive adoption of the Isda CDM by offering it with new products and services.
This Week: Trading Technologies, Deutsche Borse, SS&C-Canoe, TNS, Clearstream-LCH, S&P, Refinitiv, Sterling TT
A summary of some of the past week’s financial technology news.
SocGen’s Digitized Bond Passes Settlement Test
Banque de France-backed deal pips private consortiums in dummy run for digital currency trades.
CLS Looks for Value in Discarded Data
The FX settlement specialist's information services arm is harvesting years of abandoned data for new projects.
Wavelength Podcast Ep. 198: DTCC’s Peve on DLT
Jennifer Peve, managing director of business innovation at the DTCC, discusses the DLT projects the firm is working on, and how the technology has evolved over the last four years.
DTCC: Future of Settlement Revamp Depends on Industry Appetite
Client feedback and priorities will drive the next phase of the market structure firm's project to modernize settlement.
Opportunity and Caution Abound with Extra Year for UMR
With the uncleared margin rules deadline extended, firms have an additional year to prepare, but they must do so while navigating the coronavirus pandemic and its economic fallout.
Sluggish Back-Office Systems Added to Margin Pressures
Systems supplied by FIS struggled to handle a massive spike in March trading volumes, according to multiple sources.
This Week: MEMX; Paxos/Credit Suisse/Instinet; Blue River; CJC/TREP & More
A summary of some of the past week's financial technology news.
ASX on Track for CHESS Replacement Testing
The Aussie exchange is to begin industry-wide testing of its DLT settlement program.
HSBC Securities Arm ‘Strangles’ Legacy Tech with API Wrapper
The securities services business has embarked on an API strategy to offload its legacy tech and produce better connected products.
Euroclear to Roll Out Fixed Income Data Services
The post-trade firm and custodian will launch new data services for fixed income liquidity and APIs for its reference data offerings.
Cboe Plans Comeback in Crypto Markets
The US exchange is again planning to offer crypto derivatives, while after previous attempts to gain regulatory approval to list crypto ETFs were thwarted.
Machine Learning Takes Hold in the Capital Markets: Some Examples
WatersTechnology looks at 16 projects in the capital markets that involve machine learning to show where the industry is heading.
AI and Cloud Remove Barriers to Entry for Real-Time Intraday Liquidity
As increased regulatory reporting obligations add to the pressure financial institutions are under to manage intraday liquidity, centralizing siloed legacy systems into a single automated solution can offer an enterprise-wide, real-time view of liquidity…
BNY Mellon Takes a New Tack to Digital Transformation
The custodian is trying to make digitization core to all the organization's activities, its innovation head says.