SWIFT's flagship gpi payments solution could become an attractive solution for addressing post-trade costs and real-time data requests in capital markets.
LGIM will be able to use the CREST investment fund services for end-to-end automation of order placement, settlement and asset servicing.
The toolkit sets out a range of operational, trading and risk processes that need to be reviewed and enhanced ahead of the incoming settlement discipline regime.
Research from Standard Chartered highlighted that China's FX requirements for custodians is one of the last obstacles for foreign investment to take off.
The Japanese bank has become a shareholder of Fnality International, joining the likes of MUFG, State Street and BNY Mellon.
DTCC plans to develop an open, integrated platform for delivering no-touch processing, from post-execution to settlement.
The first T+3 trade occurs on China Interbank Bond Market (CIBM) after ‘important step’ to extend settlement cycle.
Same-day FX settlement service CLSNow has gone live with JP Morgan and Goldman Sachs among the first to use the platform.
Baton Systems has hired former Traiana CEO, Andrés Choussy, who takes on the role of COO at the firm.