Using distributed ledger technology, the platform reduces manual intervention across reconciliation and control processes, accelerates key function completion and reduces operational costs, Baton Systems says
Hong Kong Exchanges and Clearing Limited has confirmed 22 November 2023 as the go-live date for its new digitalised IPO settlement platform, Fast Interface for New Issuance
DTCC has released a new T+1 scorecard, available to its CTM community through its ITP Data Analytics service
The new message types aim to improve operational efficiency, reduce risk and support wider industry initiatives for settlements
The company has also launched a developer portal and sandbox to support the development and testing of FPAD’s application programme interfaces
The whitepaper, ‘The race to T+1 settlement’, discusses the impact that the shift to a shortened settlement cycle in North America will have on global financial services organisations and financial products
The group has been established to advise ASX’s clearing and settlement boards on cash equity clearing and settlement services operations
