The financial services industry “is halfway through a marathon” in its preparations for T+1, according to a panellist at this year’s ISITC Summit in Boston
Data automation platform Xceptor has partnered with global IT services company Hexaware Technologies to launch a new CoE and solution factory in Pune, India
The services will provide U.S. Bank’s clients with fund administration, transfer agency, depositary and global custody solutions, as well as a number of specialised European exchange-traded fund services
Since 2011, banks’ leverage ratio has improved from 3.5 to 6.5 per cent and their risk-based common equity tier 1 ratio (CET1) has risen from 7 to 13 per cent, according to Basel Committee
The pilot builds on the existing MiFIR regulation to include tokenised financial instruments. This aims to bring pre- and post-trade transparency and market abuse monitoring to DLT-based securities