DTCC ALERT, the web-based global database for the maintenance and communication of account and standing settlement instructions (SSIs), has more than 10 million SSIs now included in the service
Over the next 12 months, Broadridge hopes many of the current operational challenges will be resolved but expects an ongoing high focus in this area, especially for global intermediaries
Following the COVID-19 market stress experienced by money markets in March 2020, the EU regulator is considering four wide-ranging proposals for rule changes to shore-up liquidity buffers and transparency
The solution is powered by Broadridge’s post-trade platforms and data, and incorporates AccessFintech’s cloud-based operations workflow model
“The industry would like to start seeing trade fails come down to the point where the industry’s investment into this space will kick in but I'm certainly not seeing this yet," says BNY Mellon's Martin Smith
AFME has also pushed for a review of existing financial services legislation to identify and address obstacles to distributed ledger technology innovation
Responses from the European Commission’s CSDR consultation found that 51 out of 91 respondents said the buy-in regime should change from a mandatory requirement to a voluntary one
