BNP Paribas and HSBC have joined the Canton Foundation, which is the overseer of the Canton Network, said to be the only permissioned blockchain for the financial services industry, officials say. BNP Paribas and HSBC are the latest additions to a roster of more than 30 members, including Broadridge Financial Solutions, Tradeweb, Digital Asset, Goldman… Read More >>
Amber Premium Platform Enables Real-World Tokenization
A provider of institutional crypto financial services and solutions, Amber International Holding Ltd., aka Amber Premium, unveiled its Real World Asset (RWA) Solution — a turnkey platform that facilitates the tokenization of real-world asset classes, officials say. The offering has been designed to bring traditional assets into the blockchain/distributed ledger technology (DLT) environment and features… Read More >>
Private Markets Expose the Recs Limits of Spreadsheets
(Investments in complex assets other than traditional equities and bonds, such as private markets, are growing. But to leverage those opportunities will require firms to move away from the limitations of Microsoft Excel-based spreadsheets and the rising costs of operationally rigid, legacy systems, says Sarva Srinivasan, global head of strategy and managing director in the… Read More >>
Morningstar Affiliate Renews Mandate with Northern Trust
Custodian Northern Trust will continue its asset servicing relationship with Morningstar Investment Management, and is supporting nine, multi-managed registered mutual funds with approximately $5 billion in assets under management (AUM), officials say. “This mandate recognizes the outstanding client service, data customization, and ongoing development we provide to support new regulatory changes and filings required of… Read More >>
FIS Takes On Recs & Investor Services Ops
Financial technology solutions provider FIS is forging ahead with two offerings that represent attempts to streamline key aspects of capital markets operations — reconciliation and investor services. FIS recently launched a managed solution, the Optimized Reconciliation Service (ORS), intended to automate all of the steps of a reconciliation process and facilitate new efficiencies and fewer… Read More >>
Japanese Firm & Chainlink Target Digital Assets
A $200 billion Japanese financial services firm, SBI Group, has entered into a “strategic collaboration” with decentralized blockchain oracle network Chainlink to push the growth of interoperable blockchains and digital assets in capital markets, officials say. A recent survey by SBI Digital Asset Holdings, SBI’s digital asset arm, found that among 50 financial firms, 76… Read More >>
Clearstream Banking Launches Service to Ease E.U.’s T+1
Clearstream Banking AG, the Central Securities Depository (CSD), which provides post-trade services for securities in Germany, is launching a new, automated Smart Realignment Service to manage settlement fails. The service, available in December 2025, aims to help firms manage compressed T+1 settlement timelines. Europe and the U.K. are both moving to shorter settlement cycles on… Read More >>
CFTC Bolsters Market Oversight via Nasdaq Platform
The Commodity Futures Trading Commission (CFTC) is deploying a suite of surveillance technology services from exchanges and technology provider Nasdaq to improve the regulator’s market surveillance and fraud detection capabilities, officials say. The Nasdaq Market Surveillance platform will enable integrated monitoring across CFTC markets and will facilitate surveillance capabilities to maintain the integrity of derivative… Read More >>
Time to Investigate A.I.-based Synthetic Data?
The phenomenon of “synthetic data” — which is data that once artificially generated replicates the statistical properties of real data — is a potential new tool on the horizon for investment management operations because it can be used to improve model training, portfolio optimization, stress testing, and risk analysis, according to James Tait, an affiliate… Read More >>
SS&C Unifies Its Wealth Management Solutions: Q&A
(Earlier this month, SS&C Technologies launched SS&C Black Diamond Wealth Solutions, a suite that unifies SS&C’s Black Diamond Wealth Platform with SS&C’s full suite of wealth management solutions. The combination is a way to help wealth managers better manage technology and operations in a single location, according to SS&C. The SS&C Black Diamond Wealth Solutions… Read More >>
