The open source movement among financial services firms, including those working in capital markets, under the leadership of the Fintech Open Source Foundation (FINOS) shows no sign of slowing down with the news last week that FINOS has more than 100 members — a year-over-year increase of 20 percent. Some of the new FINOS members… Read More >>
Morgan Stanley Uses Bloomberg’s US Treasury Dealer Algos
Morgan Stanley and “a leading buy-side firm” have completed a U.S. Treasury trade using Bloomberg’s U.S. Treasury (UST) Dealer Algos, which offer buy-side clients access “to wide pools of liquidity usually available only on dealer-to-dealer trading platforms,” officials say. Beyond Morgan Stanley, the new UST Dealer Algos are supported by Citi, JPMorgan, and RBC Capital… Read More >>
Euroclear to Ride Microsoft’s Clouds for Seven Years
Euroclear officials report that the company signed a seven-year partnership to use Microsoft Cloud offerings such as Microsoft Azure, Microsoft Copilot, Azure A.I., Microsoft Fabric, and Microsoft Teams to improve the client experience for more than 2,000 financial institutions connected via Euroclear. The Euroclear group consists of Euroclear Bank, the International CSD, Euroclear Belgium, Euroclear… Read More >>
Fenergo Targets Energy & Commodities Firms
Fenergo has launched a trader request platform for the energy and commodities sector that combines artificial intelligence (A.I.), know your customer (KYC), and onboarding features in an effort to streamline compliance and onboarding processes, officials say. The Trader Request Portal “was purpose-built to address one of the industry’s most persistent challenges of improving collaboration and… Read More >>
T+1 Cuts Risks But Pain Points Remain: ISITC
A U.S. securities industry standards group says key issues it raised with regulators prior to the T+1 transition in the U.S., Canada, and Mexico on May 28 last year continue to be pain points for its members. The International Securities Association for Institutional Trade Communication (ISITC) is a nonprofit organization dedicated to promoting the development… Read More >>
Trump’s Team Pushes Hard for Crypto Regulatory Overhaul
The new Trump administration’s crypto- and digital asset train is moving full speed ahead to help Trump deliver on a campaign promise to make the USA the “crypto capital of the planet.” The impact on the securities industry and operations could be profound as the Trump team wants to fast-track innovation, new rules, guardrails, and… Read More >>
SEC Quietly Approves Cost Savings for the CAT System
It’s been a while since I wrote about the ambitious and controversial big data, U.S. securities transaction monitoring project known as the Consolidated Audit Trail (CAT), which has been helping regulators FINRA and the Securities and Exchange Commission (SEC) monitor U.S. equity and options markets, exchanges, participants, transactions, and more. CAT issues have receded as… Read More >>
JSCC Adopts ISDA’s DRR for Regulatory Reporting
The Japan Securities Clearing Corp. (JSCC) has become the first central clearing counterparty in Japan to integrate the International Swaps and Derivatives Association’s (ISDA) Digital Regulatory Reporting (DRR) framework and the Common Domain Model (CDM) from ISDA but now managed by the Fintech Open Source Foundation (FINOS) into a production environment. As of June 2025,… Read More >>
Pemberton Picks Broadridge’s Sentry for Portfolio Management
European private debt manager Pemberton Capital Advisors has selected Ops systems and services provider Broadridge Financial Solutions’ Sentry Private Credit Portfolio Management platform, officials say. The technology is intended to help Pemberton achieve operational efficiencies throughout its portfolio management lifecycle and scale its private debt and collateralized loan obligation (CLO) businesses to meet growing demand,… Read More >>
Broadridge Applies GenA.I. Analytics to Ops Minus Hallucinations
Post-trade services and systems provider Broadridge Financial Solutions has integrated an advanced analytics feature into its OpsGPT application that is intended to help broker-dealers and banks retrieve actionable insights quickly minus the complexity of traditional reporting tools, officials say. Applying A.I.-based technologies to established securities operations systems is happening in fits and starts and not… Read More >>
