CME Group and the Depository Trust and Clearing Corp. (DTCC) have been working behind the scenes to expand their cross-margining agreement to increase margin savings and capital efficiencies for traders by December 2025, officials say. The update, which is still pending the nod from regulators, aims to improve the long-standing CME-DTCC cross-margining arrangement by allowing… Read More >>
DDJ Bolsters Ops via Cloud Version of Portia
Firm Gains Time, Ops Advantages via SS&C Hosting Investment manager DDJ Capital Management has signed on to use the hosted, software-as-a-service (SaaS) version of the venerable Portia system to outsource the creation, maintenance and control of overnight workflows and batch jobs, say officials at SS&C Technologies, the financial IT conglomerate that owns Portia. The SaaS… Read More >>
Pressures Building on Firms to Scale Up Ops & IT
[Editor’s note: Martin Boyd, executive director, head of institutional and wholesale strategy at FIS, took time out of his schedule to answer questions from FTF News about some of the processing and regulatory demands that are hitting home for back-office staffs at securities firms.] Q: What will the greater acceptance of the flow model process… Read More >>
