SecuritiesRSS

Vontobel pioneers SIX Securities Services’ Advanced Settlement solution

Vontobel

Swiss wealth manager Vontobel has become the first taker of SIX Securities Services’ Advanced Settlement offering.

Deutsche Bank feels the fourth on GBST Syn system in Australia

To Apple Pay or not to Apple Pay, that is the question

Securities processing software vendor GBST has migrated the back and middle-office operations of Deutsche Bank from the legacy GBST Shares platform to GBST Syn for processing the bank’s equity market trades in Australia. This is GBST’s fourth live Syn installation in the country. Other users are Macquarie Bank, Citi Australia and brokerage and investment firm […]

IBM heats up Chile’s financial sector with blockchain

chile 2

IBM and Chile’s Santiago Exchange, the largest in the country, have teamed up to introduce blockchain across the country’s financial sector. The agreement makes the Santiago Exchange the “first stock market in Latin America” to apply IBM blockchain within its short selling system for securities lending. Built by IBM and Santiago Exchange, the solution is […]

SIX Securities Services unveils blockchain based bond issuing solution

In today's blockchain news: Digital Asset Holdings and SIX Securities Services

SIX Securities Services, Switzerland’s post-trade market infrastructure says it has developed – “and intends to deploy” – a new bond issuing solution based on the distributed ledger technology (DLT).

Five CSDs go live on Target2-Securities

EU

Five European central securities depositories (CSDs) have migrated their respective communities to live operations on the Target2-Securities (T2S) platform using Swift’s value added network (VAN) solution. OeKB CSD (Austria), Clearstream Banking (Germany), LuxCSD (Luxembourg), Centrálny depozitár cenných papierov SR (CDCP) (Slovakia) and KDD – Centralna klirinško depotna družba (Slovenia) all migrated over. These five quickly […]

Clearstream migrates to Target2-Securities; nearly doubles T2S settlement volume

European Commission

Clearstream Banking Frankfurt and LuxCSD have migrated to the European Central Bank’s (ECB) Target2-Securities (T2S) platform. “The first business day is already in process and runs smoothly,” Clearstream states.

Mirae muscles into US market with new services; tech provided by FIS

Real-time payments system step closer in the US

Mirae Asset Securities, a subsidiary of Asia’s Mirae Asset Financial Group, has selected FIS as its technology partner to launch prime brokerage, global securities lending, repo, delta one and correspondent clearing businesses in the US.

Finra highlights possibilities of blockchain tech for the securities industry

Finra examines blockchain

Financial Industry Regulatory Authority (Finra), a non-governmental organisation that regulates member brokerage firms and exchange markets in the US, has published an extensive report, evaluating the implications of blockchain for the securities industry.

BNP Paribas Securities Services and Calypso team for post-trade services outsourcing

BNP Paribas Securities Services teams up with Calypso Technology

BNP Paribas Securities Services has teamed up with Calypso Technology to bring to market “a full, end-to-end post-trade services offering across asset classes” for investment banks.

Transatlantic trio gets tough on financial crime

US Europe

A three-way alliance of legal firms is helping Europeans call out financial wrongdoing and benefit from US whistleblower laws. New York-based Meissner & Associates is collaborating with Stuttgart/Berlin-based Naegele and London-based Brahams Dutt Badrick French (BDBF) to create the new transatlantic initiative, the “first of its kind”. The plan is to help employees, suppliers and […]

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