Up to 40 percent of banks’ processing costs for trades could be saved by adopting a ‘utility’ model, according a study from Broadridge Financial Solutions...
Nigeria’s Central Securities Clearing System (CSCS) is looking to boost market liquidity through its securities lending and borrowing and post-trade allocation process flows to capital market operators...
Four major banks have agreed to enhanced record-keeping protocols with the New York State Department of Financial Services when using the new Symphony Communications chat and messaging platform...
Russia’s central securities depository, the National Settlement Depository (NSD), has implemented back-to-back settlements technology for off-exchange delivery-versus-payment transactions...
Frankfurt-based consultancy and software house Comyno has successfully implemented its X-Repo Hub solution with Germany’s Finance Agency and DekaBank. Both projects were completed on time and to budget...
ConvergEx, an agency-focused global brokerage and trading services provider, has launched its new Capital Commitment Crossing Algorithm for options facilitation trading...