Euroclear has now been granted six licenses for its various CSDs in Belgium, Finland, France, the Netherlands and Sweden.
Addressing data issues and the dual-reporting regime set out in SFTR were among the top priorities for ISLA.
The exit comes at a crucial time in the post-financial crisis regulatory agenda, with multiple rules set to come into force over the next couple of years.
Asset managers and pension funds have expressed concerns the CSDR mandatory buy-in regime will impact liquidity and increase costs.
The adoption of AccessFintech solution will help the Swiss bank avoid errors in the settlement process and comply with the upcoming settlement discipline regime.
The four new hires will help bolster its services in the run-up to major new regulations in 2020 such as SFTR and CSDR.
The MarketAxess trade confirmation engine aims to reduce risks and provide greater post-execution control by automating the process.
The newly formed Eurex Securities Transactions Services, a subsidiary company of Deutsche Boerse, will offer the buy-in agent service.
SWIFT's flagship gpi payments solution could become an attractive solution for addressing post-trade costs and real-time data requests in capital markets.
The toolkit sets out a range of operational, trading and risk processes that need to be reviewed and enhanced ahead of the incoming settlement discipline regime.