Broadridge acquires post-trade solutions provider Alpha Omega
Broadridge to fully consolidate Alpha Omega’s post-trade matching solution into its existing NYFIX connectivity and FIX infrastructure.
Technology
Almost all buy-side firms use data science to opitimise performance, Northern Trust finds
A Northern Trust survey found that 98% of buy-side firms are using data science or planning to pursue it to optimise performance in the next two years.
Broadridge expands data offering for asset managers with Snowflake
The partnership will enable asset management clients to better consolidate and analyse their trading and portfolio data.
FundsDLT’s blockchain solution for fund distribution goes live
The platform will allow asset managers to benefit from full straight-through processing and process automation, as well as real-time cash reconciliation.
Settlement fails cited as major operational strain on banks’ middle-office teams
Nearly half of banks and brokers intend to change their middle-office system completely, according to the survey.
AccessFintech taps Capco to accelerate post-trade transformation adoption
Through the partnership, Capco will combine its technology consultancy capabilities with AccessFintech’s post-trade solution.
DTCC enhances ETF solution with automated collateral management service
New solution includes new fixed-income ETF capabilities and a no-touch process which provides increased operational efficiency and balance sheet relief.
CACEIS goes live with Broadridge’s SDR II solution in Germany
CACEIS will use Broadridge’s enhance Global Proxy Voting platform for its German domestic and cross-bprder custody operations.
New research shows market has adapted surprisingly well to SFTR reporting
Survey provides insight into how the industry responded to UTI pairing, reporting collateral and other challenges presented by SFTR implementation.
Euroclear, BNP Paribas and Societe Generale involved in CBDC settlement experiment with French central bank
The experiment focused on the entire life cycle of securities, from issuance and registration in the blockchain to secondary market operations’ settlement.