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Nordea Bank Scores Breakthrough with Repo Trading

December 16, 2015 by Eugene Grygo

Nordea Bank, a large financial services group in Northern Europe, has been working with post-trade services provider Omgeo and investment management software vendor SimCorp to automate its repurchase agreement (repo) post-trade matching process, and recently matched its first live repo trade. The Stockholm-based bank recently processed a repo instrument between itself and Swedish administrative services… Read More >>

Filed Under: Securities Operations, Industry News, Operational Risk, Ops Automation, Reconciliation & Exceptions, Risk Management, Settlement, FinTech Trends, Back-Office, Regulation & Compliance Tagged With: automation, client reporting, counterparty risk, DTCC, ERCC, European Repo and Collateral Council, ICMA, International Capital Market Association, Matthew Nelson, Nordea Bank, Omgeo, operational efficiency, post-trade operations, repo matching, settlement, SimCorp, trade confirmation

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