Goldman Sachs boosts settlement efficiency with DTCC’s CTM workflow
Goldman Sachs has achieved more than 99% same day affirmation rates and improved settlement rates for transactions utilising DTCC’s Match to Instruct workflow.
Goldman Sachs has achieved more than 99% same day affirmation rates and improved settlement rates for transactions utilising DTCC’s Match to Instruct workflow.
Executives from the DTCC, Goldman Sachs, JP Morgan and AFME want to see an improvement in settlement efficiency in Europe before committing to a shortened settlement cycle.
Initiated by Fnality and HQLAX, project showcases how platforms running on different DLTs can be linked.
Agreement shows industry appetite for building end-to-end tokenisation capabilities and Digital Asset’s growing role in the capital markets as an underlying software provider.
CrossTower has hired former State Street and Goldman Sachs hedge fund administration veteran as its new CFO.
The two US banks have been relatively unscathed by the blow-up of hedge fund Archegos Capital in March, which resulted in losses of over $10 billion for Wall Street.
New COO, formerly of Bloomberg and Goldman Sachs, will help maximise opportunities for closer collaboration and product integration across BNY Mellon’s GMI businesses.
The newly created role will focus on the strategic direction of BNY Mellon’s financing, collateral and short-term liquidity offering.
CSDR eligibility and penalty data looks to solve one of the major CSDR challenges - the sourcing of eligibility data.
It represents the market’s first multi-dealer led, primary issuance registration and settlement of digitally native tokens using public blockchain technology.