Credit SuisseRSS

Six new banks join UBS-led utility settlement coin plan

UBS wants to cut costs and innovate

The UBS-led effort to create a digital cash model for payments and settlement on blockchain has got six new banks onboard, according to the Financial Times. As Banking Technology reported in August last year, BNY Mellon, Deutsche Bank, ICAP and Santander joined UBS and Clearmatics to advance their utility settlement coin (USC) concept, and plan […]

SIX and Credit Suisse play same game with ATM software launch

Switzerland

SIX and Credit Suisse have unveiled ATMfutura – a cash dispenser which displays the same user interface and guidance on all ATMs in Switzerland. SIX and its partners were commissioned by Swiss banks to develop the centralised multivendor software and it is planned to function on all bank ATMs in the alpine nation from 2018. […]

R3, HQLAX and five banks build collateral lending solution on blockchain

Blockchain

Distributed ledger technology (DLT) consortium R3, together with five of its members and financial resource management specialist HQLAX have built a collateral lending solution for liquidity transfers. The solution is based on R3’s flagship platform, Corda, and is “an operating model for a digital collateral receipt (DCR) lending marketplace”.

Case study: Credit Suisse and SmartStream – fees and expense management

Click on the image to read the full case study

How a vendor’s acquisition of a big bank’s platform has led to the development of a utility. Credit Suisse talks about its fees and expense management transformation journey.

Credit Suisse makes headway in digital space in Asia

Credit Suisse in digital drive in Singapore

Credit Suisse has launched two solutions in the digital space to keep up with consumer expectations: digital client on boarding for private banking and automated account aggregation and reporting.

Credit Suisse EMEA to outsource structured product business to Delta Capita

Credit Suisse

Delta Capita has been appointed as managed service provider to Credit Suisse EMEA Structured Products business. A number of existing Credit Suisse team will transfer to Delta Capita as part of the deal.

Banking Technology and ISITC Europe team up for AGM

ISITC Europe will celebrate its silver jubilee in January 2017

ISITC Europe, a voluntary, non-profit organisation promoting operational efficiency, harmonisation and education in the capital markets space, will turn 25 years old on 26th January 2017.

Credit Suisse plans tech cost-sharing with another bank

Credit Suisse

Credit Suisse is talking with an unnamed bank about a cost-sharing project around technology as it looks to make savings. In an interview with the Financial Times, Tidjane Thiam, the bank’s chief executive, says its idea is at the “proof of concept” stage – and hints it may use an investor day in December to […]

Openfunds launches global standard for fund data interchange

The openfunds standard facilitates automated processing and dissemination of static fund data

Zurich-based non-profit organisation, openfunds, has created a global standard for the characterisation of investment funds. The goal of the new standard is to improve efficiency, transparency and reliability by eliminating potential sources of error and ambiguity during fund data interchange. Openfunds is now calling for a global adoption of the standard. The standard is published […]

Credit Suisse selects FIS Derivatives Utility

FIS

Credit Suisse has opted for FIS’s Derivatives Utility for its post-trade futures and cleared over-the-counter (OTC) derivatives operations and technology. The utility provides customers with derivatives clearing operations and technology services for trade clearing, trade lifecycle management, margin processing, brokerage, reconciliation and data management. John Dabbs, global head of prime derivatives services, Credit Suisse, says […]

@banking
techno