The addition will help support several of DTCC’s projects as it seeks to transform the securities post-trade process.
The new service is powered by Elastic, where the bank will use its machine learning and anomaly detection features.
Broker dealer extends partnership with BNP Paribas Securities Services to include settlement services across Europe.
SWIFT plans to play a significant role in helping the industry to minimise securities settlement failures as part of its new two-year strategy.
Euroclear's CREST system has suffered two outages, causing intermittent delays to settlement and impacting the Bank of England's gilt buy-back operation.
Deutsche Bank will support the broking firm’s institutional clients with custody and settlement services for its Turkish fixed income securities.
Majority of banks and brokers will be ready for ASX blockchain-based post-trade system in 2022, says exchange
A recent consultation by the ASX on the CHESS replacement timetable, showed around 91% of CHESS users said they will be able to meet the revised go-live date.
The French custodian is working towards becoming a general clearing participant of the exchange, which is expected to be completed within the first half of 2021.
ECB decided to push back project to replace TARGET2 with a new real-time gross settlement, while also delaying the new Eurosystem Collateral Management system.
The proposal came in response to a request from the European Commission to further postpone the Settlement Discipline Regime.