The move to T+1 may impact financial services firms more than T+3 or T+2 did.
There's an opportunity for firms to reduce costs and inefficiencies in post-trade, Laurence Jones of CME Group's Traiana...
Companies say the solution transforms post-trade workflow via process, product, and data integration.
As ASX moves to replace CHESS, market participants look to what else the technology can deliver.
New product automates processing for multi-market and multi-currency securities.
New message types will support periodic future payment management.
The deal should enhance data-sharing and automation across the back office.
Aim is to transform inefficient post-trade affirmation processes in equity swaps.
Older post-trade technology goes under the microscope.