The research explained how, for some firms, most settlement communications still occur through email instead of through secure networks.
The transaction immediately follows the recent regulatory approval for DTCC to expand the DTCC its sponsored service clearing programme.
Digital Asset open sources its smart contract language to the delight of securities services industry
Decision to enable integration with other platforms lauded by the likes of BNP Paribas, DTCC and Broadridge as enabling widespread blockchain development.
The expansion will also change how the service is used, with sponsors now able to let their clients trade with counterparties other than themselves.
Nine global custodians are in various stages of testing with the MTU, and GlobalCollateral is in the process of engaging with around 40 other regional custodians.
Global Custodian takes a deep dive into the nominees for its Editors’ Choice awards at this year’s Leaders in Custody event, next up: the candidates up for Best Innovation in Market Infrastructure.
SEB has become the second bank to select the trade repository for securities lending reporting, after Societe Generale signed up to the service in February.
A DTCC white paper outlines the post-trade responsibilities that should be undertaken to enhance security for token platforms.
Industry experts give us their predictions for the New Year, focusing on regulatory and technology developments.