Designed to create improved efficiency and transparency for the market, Synapse is the latest enhancement to Stock Connect — a mutual market access programme that connects Mainland Chinese markets with those in Hong Kong
DTCC has appointed Brian Steele as managing director and president of clearing and securities services, effective 2 October
DTCC has released a new T+1 scorecard, available to its CTM community through its ITP Data Analytics service
The companies have called for “increased collaboration to progress an ecosystem that currently includes fragmented standards, varying regulatory treatment, limited integrations with institutional-grade payment rails, and siloed liquidity
The proposal would require a significantly larger portion of the U.S. Treasury cash and repo markets to be centrally cleared through an SEC-registered central counterparty
The arrangement will enable capital efficiencies for clearing members that trade and clear both US Treasury securities and CME Group Interest Rate futures
Following recent experiments, Swift has found that its infrastructure can facilitate the global transfer of tokenised assets over both public and private blockchain
Test Cycle 1 consists of free-form testing and corporate actions scenario testing, and will continue until 25 August 2023. The second test cycle will take place between 28 August and 8 September
Charlie Geffen, head of the UK’s Accelerated Settlement Taskforce, updates AST on the group’s progress so far
With losses and missed opportunities amounting to an estimated US$1 billion every year, John Kirkpatrick, vice president for securities services at Broadridge, highlights the importance of driving constant advances in automation, asset safety and data standardisation
State Street’s Chris Rowland discusses how APAC firms must amend processes to keep up with the US and Canada’s move to a T+1 settlement cycle
Sibos participants on the current state of industry collaboration, where it could go next and how their companies are engaging in group initiatives
As T+1 looms, Broadridge’s David Smith shares his thoughts on what firms should be focusing on
Valentino Wotton of DTCC discusses the ways in which derivative markets have become more transparent since the financial crisis
Tony Freeman of DTCC discusses the motivations behind the firm’s expansion in Dublin as the UK advances towards a departure from the EU
Cloud technology could help promote soundness and efficiency in the global financial markets, explains Rob Palatnick, chief technology architect at DTCC
With Brexit uncertainty challenges in the fund space, players in the asset servicing industry in UK has an opportunity to raise its game across the board
As Ireland, like the rest of Europe, remains in the dark about Brexit, the Emerald Isle shows no signs of slowing down its growth across asset services, funds and technology
Faced with pressure from trading venues seeking access to the market, Brazil may have to find a solution to open up its clearance and settlement system
Known for its prudent regulation, Canada has managed to weather financial storms coming from the south and across the Atlantic. And custodian banks have been front and centre while riding out the turmoil
