Paris
17 February 2017
Reporter: Drew Nicol
Euronext initiates new post-trade platform launch
Euronext has set out a timeline for the implementation of its new post-trade solution, which will offer risk analytics, inventory management and collateral transformation services for fixed income, equities and commodities.

The Euronext Chequers service will be implemented in stages throughout 2017, with the first phase scheduled for March.

Euronext Chequers electronic silo-based warrants will then be introduced later in Q2 2017, giving clear, transferable title to goods stored in silos.

Later phases will also see the launch of an electronic all-to-all asset financing platform supporting all asset classes pairing liquidity providers with takers.

This platform promises to meet increasing participant demands for collateral upgrade opportunities, given regulatory constraints relating to capital and margin requirements, and will help customers to control costs and improve efficiency.

Lee Hodgkinson, CEO of Euronext London and head of markets and global sales, said: "This initiative is particularly well aligned with the Euronext Group’s agility for growth strategy, with the aim of building a broad-based offering to create more options in our post-trade franchise.”

“We see a greater demand for high-quality collateral, and our customer-centric approach will help us to meet the needs of the financial community with efficient solutions. Euronext Chequers is also a response to increased regulation, which impacts on pricing and the availability of liquidity.”

More technology news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Nasdaq to support Chilean CSD in post-trade tech
25 May 2017 | Santiago | Reporter: Stephanie Palmer
Based on the Nasdaq Financial Framework the solution will replace Depósito Central de Valores’s existing core system
Linedata bolsters TA solution
26 April 2017 | London | Reporter: Stephanie Palmer
Linedata has upgraded it Linedata solution for transfer agents, to help clients to cope with increasing regulatory reporting requirements
Esprow launches MiFID II compliance platform
26 April 2017 | New York | Reporter: Becky Butcher
Esprow has launched ETP GEMS, a global exchange and markets simulation platform that provides an on-demand testing environment to facilitate compliance with MiFID II
SWIFT tests distributed ledger technology for reconciliations
25 April 2017 | Brussels | Reporter: Drew Nicol
The results of the proof of concept will be presented at Sibos in Toronto in October
ENSO and RSRCHX pair up for MiFID II solution
25 April 2017 | New York | Reporter: Drew Nicol
The NEX Group's ENSO, a centralised treasury management solution for the buy side, is set to expand its broker vote tool to include research consumption for the second Markets in Financial Instruments Directive
Law firm sees rise in fintech patents
20 April 2017 | London | Reporter: Mark Dugdale
The number of financial technology patents filed through the international system administered by the World Intellectual Property Organization has increased 49 percent in five years
Nomura taps Indian fintech start-up talent
19 April 2017 | Mumbai | Reporter: Drew Nicol
Nomura is looking to engage with Indian fintech expertise for capital market solutions
More technology news