New service leverages Provable Markets' Aurora, and connectivity and integration from FIS to clear first trade.
Conclusions from dedicated task force present current challenges in post-trade processes as well as recommendations on how to address them.
SIFMA, ICI and DTCC say T+1 shift will occur in 2024 to give firms and regulators enough time to prepare and test.
The new agreement will bring greater automation and improved accuracy to the post-trade lifecycle.
Industry working group identifies opportunities to better protect financial market infrastructures’ data in case of cyber-attacks.
State Street continues to build out new capabilities to drive forward its financing solutions and collateral optimisation group.
The application is the formal start of the launch process of a central clearing and settlement service for overnight equity securities financing.
A shift to T+1 looks all the more likely after three organisations representing banks and brokers conclude that the benefits outweigh challenges.
The hire is the latest development from DTCC as it formalises a service offering for digital assets and private market securities.
New solution includes new fixed-income ETF capabilities and a no-touch process which provides increased operational efficiency and balance sheet relief.