Direct Market Solutions expands to cover 50% of global meetings, improves market voting deadlines and lowers costs to custodians, says Broadridge.
Temenos study found that 56% of asset managers will focus investment on technology and data infrastructure in the next year.
Deloitte report on digital assets delivers bold claims around cryptocurrencies, custody and the role of banks
Survey shows majority of market participants believe digital assets will replace fiat currencies within the next decade with custodians set for key role in the future.
With the Baton network, Citi will automate its collateral management as it becomes first FCM to connect to ICE Clear Europe.
Clients will now gain direct connectivity to BNY Mellon, Clearstream, Euroclear and JP Morgan, via SWIFT, for sending and receiving collateral instructions.
Christian Kromann will become CEO at SimCorp from September after two years leading operations for the firm.
Survey shows that 84% and 72% of respondents plan to develop blockchain and asset tokenisation solutions respectively.
The new solution supports both real-time and continuous reconciliations, allowing customers to use a wider range of processing, including payment reconciliations.
The partnership aims to meet the securities finance industry’s demand for swift modernisation, greater automation, increased efficiencies and lower costs.
Broadridge to fully consolidate Alpha Omega’s post-trade matching solution into its existing NYFIX connectivity and FIX infrastructure.