This letter, sent to the European Commission, Parliament and Council, updates policy makers on the status of applications received by national regulators and highlights issues for attention raised during the project’s first year
The solution aims to provide near real-time trade matching and settlement status updates allowing operations teams to quickly identify trades that look set to fail
The market platform says the rates represent an improvement in both value and volume settlement efficiency
While the introduction of cash penalties under the Central Securities Depositories Regulation has reduced settlement fails somewhat, particularly for equities, the report affirms that inefficiencies remain, prompting higher costs and increased risk
The platform is designed to support firms’ post-trade processing requirements including fails management, financial transaction taxes and Central Securities Depositories Regulation penalty management
By automating and streamlining the SSI process, firms aim to improve efficiency, accuracy and regulatory compliance in post-trade operations
By using Xceptor's data automation platform and Delta Capita's expertise, the companies say their clients can reduce manual errors and improve compliance with T+1 settlement requirements
Michael Carty has stepped down from his role as CEO of Euroclear UK & International, a role he began in 2020
Jack McRae speaks to Joseph Latini, chief commercial officer at MUFG Investor Services, about keeping clients happy, cultivating a positive work culture and trusting the process
Whikie Liu, strategy director for capital markets at Swift, considers the impact that North America moving to T+1 will have on markets across the globe and whether the world is ready for the shift
Demand for reliable data to support a front-to-back digital operating model are being superimposed onto longstanding requirements for efficient safekeeping, analytics and trade lifecycle management
Market participants offer their predictions for what should be an eventful year
Ben Pumfrett of RBC Investor & Treasury Services talks to Jenna Lomax about the front office’s increasing demands for data, and how the company is helping to prepare its clients for shortened settlement windows
Barnaby Nelson, CEO of The Value Exchange, sits down with Jenna Lomax to outline a key imbalance in the industry on how legacy technology is managed. As recent research (with IHS Markit and Digital Asset) has shown, it is both a key enabler for so much industry change and a huge challenge for many firms
Derek Coyle of Brown Brothers Harriman discusses the potential impacts that CSDR will have on custody markets and how firms can best prepare themselves for the upcoming regulation
As firms continue to juggle innovation, customer loyalty and deal with the complexity of regulatory change, Broadridge’s Philip Taliaferro discusses regulatory challenges for the year ahead
Brian Bollen takes a look at Nordic asset servicing and its current CSD models following the economic upheaval of the COVID-19 pandemic and the more recent Russian invasion of Ukraine
It is no surprise that the COVID-19 pandemic dealt Italy and its economy a hard blow in the first half of 2020. Industry experts explain why 2021 has been a different story and outline what the future holds for the country’s asset servicing
The Spanish custody market has undertaken a number of initiatives to improve harmonisation and efficiency, and now, with plans to eliminate further market-level specificities, the market moves closer to full post-trade harmonisation with other EU markets
Experts say DLT has the potential to open the floor to all kinds of innovations if it can become a regulatory and legally integral part of Germany’s business
