Credit Suisse to use settlement tech from start-up AccessFintech
The adoption of AccessFintech solution will help the Swiss bank avoid errors in the settlement process and comply with the upcoming settlement discipline regime.
The adoption of AccessFintech solution will help the Swiss bank avoid errors in the settlement process and comply with the upcoming settlement discipline regime.
The MarketAxess trade confirmation engine aims to reduce risks and provide greater post-execution control by automating the process.
Clearstream went live with the InvestorCSD model last year with the aim of providing banks a single access point to both T2S and its ICSD services.
Deutsche Boerse stated the initiative is the latest milestone in building a comprehensive ecosystem for digital assets.
Euroclear Bank will be able to offer clients the choice between euro settlement in both commercial bank and central bank money.
First State Investments will use the service for end-to-end automation of its UK investment funds from order placement, to settlement and asset servicing.
Europe's largest asset managers are working towards launching new and transitioning current Irish-domiciled ETFs to an ICSD settlement structure.
Credit Suisse and Societe Generale have been confirmed as the first two banks to use the Paxos Settlement Service.
A recent report suggests managers face very little time to select an alternative for Irish-issued ETFs that are still settling in a domestic model.
Alex Knight spent 18 years with Citi, most recently heading up global sales and client coverage of the bank’s FX prime brokerage.