DTCC’s NSCC processes first trade on new SFT clearing service
New service leverages Provable Markets' Aurora, and connectivity and integration from FIS to clear first trade.
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.