(Editor’s note: Post-trade teams at financial services firms have to take on new asset classes, regulations, data quality controls, and other requirements while also trying to attract and retain new talent, says Julian Trostinsky, global director of customer success for Gresham Technologies, in this Q&A for FTF News. A provider of real-time processes, procedures, and… Read More >>
UBS Australia Deploys Syn~Ops Suite & Other News
FNZ Scores Sixth Win in Australia UBS Australia and vendor FNZ report that the bank has deployed the Syn~Ops post-trade securities processing product suite across multiple asset classes in markets around the globe — the sixth Australian firm to migrate to Syn~Ops. The FNZ’s Syn~ product suite offers “real-time trade and settlements processing capabilities at… Read More >>
Reporter’s Notebook: Is SBF a Gen X Madoff?
Is Sam Bankman-Fried (a.k.a. SBF) the Gen X Bernie Madoff? Or maybe he’s the Hairball-Grinch who stole Christmas? Of course, we won’t know for sure that he’s allegedly a con artist and a crook of epic proportions until he’s had his day in court. Maybe he’s just a kid who believed his own hype and… Read More >>
Neuberger Berman to Use Fund Recs Platform & Other News
Neuberger Berman to Use Velocity for EMIR Reconciliation Neuberger Berman, a New York-based, private, employee-owned investment management firm, will be using a platform from cloud-based reconciliation software vendor Fund Recs for trade reconciliation via the European Market Infrastructure Regulation (EMIR) guidelines. The firm, which oversees $418 billion in client assets, will use the Fund… Read More >>
BNY Mellon & Baton Bring DLT to Collateral & Other News
BNY Mellon & Baton Systems Form Partnership Distributed ledger technology (DLT) is at the heart of a new post-trade, collateral management collaboration between BNY Mellon and Baton Systems. The joint offering links Baton’s central clearing counterparty (CCP) network with BNY Mellon’s Enterprise Continuous Portfolio Optimization (ECPO) service in an effort to help mutual clients improve… Read More >>
Free ESG Analytics for NA Public Pensions & Other News
Impact Cubed Makes an Overture to North America Officials at Impact Cubed, an ESG data, analytics, and investment solutions vendor, recently announced that they are offering “free access to their platform for key public pension funds” in North America. The Impact Cubed platform is intended to help end-users see the granular impact of environmental, social,… Read More >>
Investors Have High Hopes for Crypto Care & Other News
New Report Focuses on Digital Custody Needs of Investors Investors prefer an “institutional-grade infrastructure” for their crypto and other digital assets but securities firms will need time before they can provide that level of support, according to a new report from research firm Coalition Greenwich Market. The report, “Providing Digital Asset Services: An Institutional Infrastructure… Read More >>
BNY Mellon’s Digital Custody Launches & Other News
BNY Mellon’s Digital Asset Custody Goes Live BNY Mellon reports that its Digital Asset Custody platform has gone live in the U.S. and key clients can “hold and transfer bitcoin and ether,” establishing the custodian’s capability to offer traditional and digital asset servicing. The firm launched an enterprise digital assets unit in 2021 “to develop… Read More >>
SS&C Advances Blue Prism & Mainstay Offerings at ‘Deliver’
SS&C Technologies updated many of its mainstay systems and yet advanced key leading-edge offerings at the financial technology provider’s Deliver conference, held in Orlando, Fla., the week of Oct. 3. The event got underway even though Hurricane Ian made a turn toward Orlando prior to the start of the conference. SS&C’s Global Crisis Management (GCM)… Read More >>
Overbond Launches A.I.-Based Margin Optimization & Other News
Overbond Adds A.I.-Based Functions to Trading Engine Overbond, a vendor focused on automation for credit trading, reports that it has added an artificial intelligence-based margin optimization function to its automated trading system to help sell-side, fixed income desks “optimize their hit ratio and increase the profitability of automated fixed income trading,” officials say. Currently, automated… Read More >>
