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T2S success for Italy


02 September 2015 Milan
Reporter: Stephanie Palmer

Italy successfully migrated to the Target2Securities platform on 31 August, after it delayed its start date from 22 June...
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Manual swap management still rife, says SimCorp


26 August 2015 New York
Reporter: Stephanie Palmer

Many asset managers are still relying on manual processes for managing complex swaps across the investment lifecycle, according to a SimCorp survey...
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SGX consults on affiliate segregation


20 August 2015 Singapore
Reporter: Stephanie Palmer

Singapore Exchange has proposed the introduction of affiliate segregation, a system designed to protect the collateral of an SGX Derivatives Clearing member’s affiliates in the case of a default...
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Markit’s FX confirmation service live


10 August 2015 London
Reporter: Stephanie Palmer

Markit has launched its new centralised foreign exchange trade confirmation service, part of its MarkitSERV trade processing platform...
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ForexClear and CLS collaborate on FX settlement


03 August 2015 London
Reporter: Stephanie Palmer

LCH Clearnet’s ForexClear is launching a new service, developed with CLS, to allow physical settlement of cleared foreign exchange (FX) products...
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Euroclear extends UK settlement day


27 July 2015 London
Reporter: Stephanie Palmer

Euroclear UK & Ireland has extended its settlement day for direct participant banks to 6pm...
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NSD joins SWIFT’s KYC registry


15 July 2015 Moscow
Reporter: Stephanie Palmer

Russia’s central securities depository, the National Securities Depository (NSD) is now using SWIFT’s know-your-client (KYC) Registry to improve its counterparty and client checks...
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Sunny June for Clearstream custody and settlement


15 July 2015 Frankfurt
Reporter: Stephanie Palmer

Clearstream has seen increases across the board in its June figures, including a 10 percent increase in assets under custody, year-to-date, and a 12 percent increase in settlement transactions...
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Computershare acquires SIX SAG


13 July 2015 Zurich
Reporter: Stephanie Palmer

SIX Securities Services is selling SIX SAG, its business in share register services and general meetings for third parties to bank-independent issuer service provider, Computershare...
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NYSE back on form


10 July 2015 New York
Reporter: Stephanie Palmer

The New York Stock Exchange is back up and running after a technical issue caused all trading on NYSE and NYSE MKT to be suspended...