The report stated increased automation of the middle-office and the use of secure cloud-based platforms should be key priorities for firms for next year.
Transcend aims to use the new funding to rapidly scale product and sales infrastructure for custodian banks and prime brokers.
The latest delay will push the project back to April 2023 as the exchange again cites COVID-19 as a cause.
Securities services veteran who spent three decades with BNY Mellon joins treasury and portfolio finance solutions provider.
The two vendors will offer a joint solution facilitating end-to-end straight-through processing of derivatives transactions and collateral management workflows.
BNY Mellon's Todd Gibbons explained investment into new data and analytics products will help expand new revenue streams.
Following the launch of its new capital markets business, Broadridge secures post-trade mandate from London-headquartered brokerage.
TCS has extended its SaaS cloud-based asset servicing platform to include custody and settlements.
The new service is powered by Elastic, where the bank will use its machine learning and anomaly detection features.
The new capital markets unit will sit within its Global Technology and Operations (GTO) division and combines the post-trade and trading businesses.