SmartStream Transaction Lifecycle Management selected by South African administrator for end-to-end solution.
Post-trade investment is set to surge as record derivatives trading volumes led to failures across sell-side post-trade systems earlier this year.
HKEX will use DAML-developed smart contracts and has partnered with DTCC to streamline and automate Northbound Stock Connect post-trade processes.
The spike in trade settlement fails across the US and Europe highlighted the urgency for post-trade automation.
With Torstone Technology’s platform, Credit Suisse will consolidate and automate the post-trade operations of its equity trading business in Canada.
The report stated increased automation of the middle-office and the use of secure cloud-based platforms should be key priorities for firms for next year.
Our editors summarise the biggest talking points for securities services providers from this year’s Sibos digital event.
The new service is powered by Elastic, where the bank will use its machine learning and anomaly detection features.