COVID-19 virus forces ASX to push back CHESS post-trade replacement
The Coronavirus pandemic has forced the ASX to delay the planned April 2021 implementation of its blockchain-based equities post-trade platform.
Tag: post-trade
Open post-trade platforms emerge as a viable option for banks, finds report
Open platforms have emerged as a cost-effective solution for banks that are updating and realigning their technology stacks in the wake of increased regulatory compliance.
JPX to launch DLT pilot for securities post-trade information platform
JPX has invited trust banks, asset managers, and other securities services providers to participate in the test.
2020 vision: Client and market infrastructure changes to define the New Year
In the final part of our ‘what to look out for in 2020’, we ask industry experts’ in for their input on what changes they see within the client world and market infrastructures in the New Year.
Raiffeisen’s head of securities services steps away from the post-trade industry
The GC Legend had spent seven of his 25 years in the industry at RBI, and has been one of the most recognisable figures in Southern and Central European custody.
AccessFintech launches standardised settlement platform with global banks
The launch of the platform marks the latest success for AccessFintech, which originated from JP Morgan’s FinTech incubator and went live just six months ago.
SGX introduces new securities lending fees to boost volumes
SGX stated the new rates would make it more attractive for institutional investors to borrow, and could result in higher volumes.
Credit Suisse to use settlement tech from start-up AccessFintech
The adoption of AccessFintech solution will help the Swiss bank avoid errors in the settlement process and comply with the upcoming settlement discipline regime.
Words and actions
By common consent, the area of corporate actions is one of the laggards in industry efforts to standardise and automate all aspects of post-trade securities processing. While the implications for any one event may be limited, inefficiency costs in aggregate.
New ISSA report lays out post-trade guidance for digital assets
The report analyses how market participants can issue, settle, safekeep and service crypto assets, as well as laying out a set of recommendations and best practises.