FIS acquires post-trade platform Torstone Technology
Upstart fintech gains a major partner having built up its SaaS post-trade platform over the past 13 years, as FIS continues to bolster capital markets tech offering.
Upstart fintech gains a major partner having built up its SaaS post-trade platform over the past 13 years, as FIS continues to bolster capital markets tech offering.
The new offering aims to enhance functionalities to boost the scalability for ETF users within the asset management industry.
The new deal expands the existing relationship between the two organisations, which saw €10 billion of iCapital funds invested through Clearstream.
Goldman Sachs has achieved more than 99% same day affirmation rates and improved settlement rates for transactions utilising DTCC’s Match to Instruct workflow.
The integration aims to reduce settlement times, allowing clients to be trade and settlement ready within 24 hours.
Partnership with Quantalys Harvest Group will enable access to a new fund selection and portfolio modelling tool.
Previously, Fund ETF APIs had been available in the US and Canada, accounting for nearly half of North American order volumes.
The integration is designed to simplify order management and onboarding processes for users of Citi’s global ETF portal.
New survey highlights the level of preparedness and areas of focus for the industry ahead of implementation on 28 May.
Using Microsoft Azure cloud and BNY Mellon’s financial data and analytics capabilities, the collaboration aims to bolster BNY Mellon’s data management solution for buy-side and sell-side clients.