Goldman Sachs boosts settlement efficiency with DTCC’s CTM workflow
Goldman Sachs has achieved more than 99% same day affirmation rates and improved settlement rates for transactions utilising DTCC’s Match to Instruct workflow.
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.
In addition to the roll-out of the new DLT solution, R3 has hired a capital markets expert as the chief commercial officer to lead its launch
A focus on streamlining the implementation process has seen the custodian reduce its AUC/A backlog by 36% from $3.6 trillion to $2.3 trillion.
The platform has experienced record growth this year, with the average daily notional value of net calculations consistently exceeding $115 billion in the last 12 months.