ABG originally adopted the Torstone platform in September 2019, replacing a legacy vendor platform, to become Torstone Technology’s first Nordic client
The Depository Trust & Clearing Corporation has added to its board of directors with the appointment of James Tabacchi, president and CEO of South Street Securities
During today's GameStop hearing, Gary Gensler, chairman of the US Securities and Exchange Commission (SEC), will argue that shortening the standard settlement cycle could reduce costs and risks in the markets
“Today’s digital world is forcing the financial services industry to address the risks inherent in the current T+2 settlement model. We are ready to assist firms in preparation for this necessary and imminent change,” SIONIC cites
As the agency faces new challenges — crypto, post-GameStop retail investing, ESG, to name a few — the appointment of Gary Gensler signals the end of the Trump administration’s hands-off approach to financial markets
EACH says a number of the provisions are simply not implementable because of their technical inaccuracy and some would also increase operational risk within the EU CSDR SDR
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
“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