Exporting payments excellence


The Singapore challenge Singapore is an advanced economy that employs a variety of clearing and settlement systems. It needed to transform its payments infrastructure to offer instant interbank transfers. The core technology VocaLink could deliver a practical solution, Immediate Payments (IPS), and also offer practical support during the implementation and beyond. BCS could embed IPS [...]

The rise of the Asian superbroker

Steve Grob is group strategy director at Fidessa

As the global banks grapple with tides of regulation, fines, and a myriad of other post-crisis issues, local Asian institutions are tooling up and stepping in to fill the gaps.

Collateral tops concerns at Singapore Securities Financing Conference Asia 2014

The Singapore Exchange and Clearstream will target Asia's need for collateral

Sourcing the right collateral to cover global exposures has risen up the list of priorities for financial institutions in Asia in the past 12 months as concerns mount over a possible collateral shortfall, according to a poll conducted by the Singapore Exchange and Clearstream at the Global Securities Financing Conference Asia 2014 in Singapore.

ICE acquires Singapore Mercantile Exchange and clearing house

ICE has now established a presence in Singapore (pictured) with its acquisition of SMX

IntercontinentalExchange is to acquire Singapore Mercantile Exchange, including the venue’s clearing house, in a deal that will give it a foothold in Asia for the first time. SMX offers futures for metals, currencies, energy and agricultural commodities.

Singapore Exchange partners with Clearstream for Asian collateral service

The Singapore Exchange and Clearstream will target Asia's need for collateral

The Singapore Exchange and Luxembourg-based Clearstream are planning to launch a collateral management service that should help customers use assets as collateral at SGX’s securities depository CDP.

Swift Innotribe names Singapore startup challenge finalists

The five finalists from Singapore will compete head to head against finalists from New York and London at Sibos Dubai in September

Swift’s innovation-focused spin-off Innotribe has announced the five Singapore finalists for its global startup challenge, which aims to help innovative new companies in financial services to develop their ideas and transform them into working businesses.

Barclays and HSBC offer Singapore stocks on LSE

Singapore-listed stocks can now be traded in London

HSBC and Barclays have begun trading Singapore-listed stocks on the London Stock Exchange, using the LSE’s newly-created international board.

Singapore CLTX poaches Langley from UBS

Mark Langley Singapore Cleartrade Exchange

Singapore’s Cleartrade Exchange has appointed Mark Langley as its new Asia business development director as it seeks to expand its presence in commodity futures.

Singapore Exchange reaches out to Germany

Singapore: reaching out to international market participants

The Singapore Exchange has stepped up its efforts to connect to international market participants, with a deal between itself and German derivatives exchange Eurex that will allow traders in Europe to access the Singapore market more easily.

RTS sets sights on Asia Pacific expansion

RTS chief executive Steffen Gemuenden will re-locate to Singapore in January

RTS Realtime Systems has set out an ambitious plan to centre its technology business on growth opportunities in Asia Pacific, starting with a new data centre in Shanghai, as well as its first office in China in the new year and a new data centre in Tokyo, Japan.