High rate of equities settlement failures in Europe remains a cause for concern
Market participants will be conscious of European settlement rates with incoming regulation on the horizon which penalises fails.
Tag: post-trade
Symphony and AccessFintech announce partnership with an eye on resolving trade exceptions
Two FinTech organisations team up to expedite the resolution of trade exceptions with greater ease and efficiency as industry looks to curb trade fails.
DTCC outlines two-year roadmap for transition to shorter settlement
A new white paper highlights the benefits of moving to a T+1 settlement cycle and details plans to achieve this in two years.
Citadel’s Griffin advocates move to T+1 settlement for US equities market
The comments were made before the US House of Representatives’ Committee of Financial Services, which discussed the increased volatility from retail traders in January.
Industry associations relentlessly protest the SDR buy-in regime
As the consultation period for Europe’s Settlement Discipline Regime concludes, industry associations again step up calls for the removal of mandatory buy-ins.
Analogue service in a digital world
In its latest annual survey of the asset management industry, Deloitte drew a rather worrying conclusion for asset servicing providers, warning that when it comes to digitisation, asset servicers are not cutting the mustard. So what are service providers doing in response?
Switching the utility lights back on
With a greater need to reduce costs, custodians may be looking to partnerships and collaboration, possibly under a utility model. But with a poor track record of achieving this due to competition issues, are securities services firms finally ready to band together for the greater good – and what areas of asset servicing could be primed for this move?
Curo Fund Services goes live with SmartStream’s post-trade processing solution
SmartStream Transaction Lifecycle Management selected by South African administrator for end-to-end solution.
Banks plan to increase spend on post-trade infrastructure after failures in market volatility
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 unveils new Northbound Stock Connect settlement platform
HKEX will use DAML-developed smart contracts and has partnered with DTCC to streamline and automate Northbound Stock Connect post-trade processes.