Industry groups and tech experts are worried that proposed last-minute changes will introduce new risks.
Private stocks are opaque, illiquid, behave differently from public markets, and lack the same infrastructure as public marketplaces, creating back-office integration challenges for firms that want to trade these stocks in a more liquid manner. But as…
Futures market participants say standardizing trade allocations through a post-trade utility could prevent a repeat of the chaos seen in March 2020, when back-office systems fails resulted in thousands of trade breaks.
The tech giant has been updating the portfolio implementation and trade management workflows on its buy-side order management system as systematic and factor-based investing needs evolve.
WatersTechnology looks at some of the major projects coming out of Asia that are leading the way for firms around the globe.
A look at some of the key "people moves" from this week, including Bob Stewart (pictured) who has been appointed executive director of ITP product management.
A look at some of the past week’s financial technology news.
The two are working out the necessary regulatory, tax, and documentation needed to provide custody services for foreign exchange transactions in the two countries.
Banque de France-backed deal pips private consortiums in dummy run for digital currency trades.
The custodian bank will receive and transmit European listed options and derivatives orders from buy-side clients.
The central bank's report on the future of post trade will face the same competitive interests that have hindered previous attempts at eliminating inefficiencies and bringing automation to the back office.
A summary of some of the past week’s financial technology news.
Highlights from the past week's financial technology news.
The vendor will add trading position flow and risk calculations to the platform this year, as it continues to integrate functions from recent acquisition Percentile.
A summary of some of the past week's financial technology news.
The exchange’s CEO and COO discuss its matching engine, Intel partnership, cloud strategy and plans for the future.
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 bank is looking to extend this feature to other asset classes in the future.
The vendor is live with FX NDFs on the new cloud-based platform, but credit has been pushed to 2020 earliest.
The already-developed bot is now awaiting incremental testing before it goes into production within six months.
The event specification module will allow for a common DAML library that references machine-executable trade lifecycle events.
Using the DTCC’s central trade manager platform, Bangkok Capital Asset Management can automate its post-trade process with almost 2,000 counterparties in 52 countries.
The trade reporting provider will have authorization to serve Switzerland's derivatives market.
Hobson, who has served as CFO of Corfinancial for the last 15 years, will be responsible for expanding its market share and products globally.