Sibos 2019 in London saw several key announcements from securities services providers over the deployment of APIs, AI and DLT.
Attitudes towards the disruptive nature of DLT as a solution to everything post-trade have significantly changed since Sibos 2017.
Custodians will have to hire new people to oversee and govern the deployment of artificial intelligence tools.
New capabilities will gather client data across their own business and other third-party providers, in order to provide new insights and support client strategies.
BNP Paribas Securities Services will deploy 17 fund accounting APIs in a major move to further digitise its business.
The Securities@Sibos wrap-up edition is now available to view online, click here.
Clearstream in advanced discussion with global custodians over blockchain securities lending platform
Clearstream's Philippe Seyll explained the taking-off point for the HQLAx platform will be to onboard a major player with tri-party capabilities.
Joseph Lubin describes CSDs as “conceptual construct” that can take a decentralised form, forcing Euroclear to defend their role.
Discussions around data helping illiquid instruments trade more effectively conjure up worries about what the future of passive investing and what it means for post-trade providers.
The decade-long building and implementation of the pan-European settlement system came under fire at the Sibos expo in Sydney as market participants face up to the realities of the project.