Baillie Gifford has chosen software specialist corfinancial to help automate its post-trade processing and settlement.
Torstone grew by over 50% year-on-year, which fuelled the hiring of over 50% more staff in Europe.
IHS Markit expects revenues could reach $462 billion from using blockchain technology across global financial services.
Global Custodian looks at the recent MOUs’ between the UK and EU financial regulators and their implication for securities markets.
The new system will integrate its trading, post-trade and data services, as well as its flagship Next Generation Trading (NGT), on a single platform.
The Securities@Sibos wrap-up edition is now available to view online, click here.
Cindy Chen will oversee the post-trade business development team, as well as the blockchain project HKEX is working on with Digital Asset.
DTCC recently proved it is capable of processing 115,000,000 trades daily, or 6,300 trades per second for five continuous hours, on a DLT platform.
HKEX will trial the technology to help complete post-trade allocations and processing for northbound trades under Stock Connect within a tight settlement window.
Discussions around data helping illiquid instruments trade more effectively conjure up worries about what the future of passive investing and what it means for post-trade providers.