A new survey from SS&C Technologies finds that artificial intelligence, particularly in its more advanced iterations, has captured the imagination of executive and senior IT and operations managers at financial services firms. However, firms need to do much more groundwork, such as building “the foundations — governance, trust, skills, readiness and more” before embracing advances… Read More >>
The CFTC Takes a U-Turn on Digital Assets
Earlier this month, amid a flurry of executive orders, policy shifts, and layoffs of federal workers, the Commodity Futures Trading Commission (CFTC) charted a new course for its policies toward digital asset regulation. It is a dramatic change that puts the regulator in a new alignment with the Trump administration, the U.S. Department of Justice,… Read More >>
BNY Taps Behavox for A.I.-based Compliance Monitoring
Custodian bank BNY reports that it has implemented a voice and communication surveillance platform from provider Behavox that uses artificial intelligence (A.I.) technologies to create insights from structured and unstructured corporate data, officials say. The software-as-a-service (SaaS) implementation of Behavox’s Quantum platform encompasses BNY’s communication channels across 16-plus languages. “BNY is benefiting from Behavox’s flagship… Read More >>
UST ETFs Can Be Collateral for Uncleared Swaps
A division of the Commodity Futures Trading Commission staff has issued a clarification that will allow shares of certain U.S. Treasury exchange-traded funds (ETFs) to be treated as redeemable securities in a pooled investment fund and thus eligible as margin collateral for certain uncleared swap transactions. The clarification allows these instruments to qualify as eligible… Read More >>
Amundi Taps Murex for OTC Derivatives Upgrade
Amundi Technology has expanded its partnership with trading software vendor Murex to strengthen its over-the-counter (OTC) derivatives offering. The providers first partnered in 2007, but the latest agreement reflects growing demand from asset managers for more advanced OTC tools to support complex strategies and adapt to shifting market conditions, officials say. Amundi already uses Murex’s… Read More >>
Providers Try New Ways to Ease Collateral Management
The new tariff wars are spurring new operational challenges across global markets, a situation made more difficult by less-than-optimal collateral management operations at many firms. As firms navigate fluctuating markets and regulations, post-trade infrastructure provider the Depository Trust & Clearing Corp. (DTCC), and established providers SmartStream and Finastra are exploring new ways to optimize collateral… Read More >>
E.U.’s T+1 Leader Faces Quirks & Fragmentation
The European Union’s transition to T+1 settlement hasn’t been keeping Giovanni Sabatini up at night yet. However, potential technical complexities that could derail the process are top of mind for the man tasked with shepherding all 27 E.U. member states across the finish line by October 11, 2027. Sabatini was recently elected to lead of the Industry… Read More >>
LDA Technologies Device Targets Data & Record-Keeping Woes
LDA Technologies, a developer of advanced ultra-low latency integrated circuits and network solutions for capital markets, has launched NeoTap X, a high-performance hardware solution that can be applied to trade monitoring, compliance reporting, advanced analytics, and optimizing network performance, officials say. The timestamping and tap aggregation features of NeoTap X are intended to help firms… Read More >>
Revamped & Rebranded ‘Vistra Fund Solutions’ Launches
Vistra, a provider of business services for funds, has launched Vistra Fund Solutions, a global offering derived from Vistra’s acquisition of the fund administration and transfer agent business of Phoenix American Financial Services, Inc. last year, officials say. “We have reorganized our service delivery to embed a client-centric service culture that is underpinned by a… Read More >>
Affin Group Taps Bloomberg to Streamline Ops
Officials say the Affin Group, a Malaysian banking and financial services company headquartered in Kuala Lumpur, has selected Bloomberg’s Sell-Side Order and Risk Management suite of solutions to improve workflows, strategic decision-making, and its regulatory reporting framework. The Affin Group will implement Bloomberg TOMS, a sell-side order management system (OMS), to help the company “realize operational… Read More >>
