BlockFills, a digital assets market infrastructure provider, has been integrated with brokerage technology provider Your Bourse, which will expand BlockFills’ network of liquidity providers while at the same time allowing BlockFills to serve as a liquidity provider to brokers using the Your Bourse platform, officials say. The Your Bourse trading and pricing infrastructure supports cryptocurrencies,… Read More >>
Mereo Insurance Taps Northern Trust Asset Servicing
A new reinsurance firm, Mereo Insurance Ltd., has tapped Northern Trust Asset Servicing to provide custody services and institutional brokerage solutions, which means that it will act as a broker for Mereo’s trade execution needs, officials say. In addition, the Northern Trust Asset Management (NTAM) unit will manage “a portion of Mereo’s fixed income portfolio… Read More >>
DTCC to Explore Fnality Integration with Digital Launchpad
Post-trade infrastructure provider the Depository Trust & Clearing Corp. (DTCC) and a provider of regulated DLT-based wholesale payment systems Fnality are collaborating “on the potential integration of the Fnality wholesale payments system (FnPS) as a payment rail” within DTCC’s recently introduced Digital Launchpad, officials say. The Digital Launchpad supports “the testing and advancement of emerging… Read More >>
30% of E.U. Firms Have No T+1 Plans
Almost three in 10 firms have yet to begin any planning for Europe’s T+1 transition, scheduled to take effect on Oct. 11, 2027, according to a new research report, with a further two in ten — representing 19 percent of respondents — still in the process of scoping the necessary work. The remaining firms, however,… Read More >>
Outdated IT Spurs Staff & Customer Frustrations
(Financial services firms need to keep their IT infrastructure current or risk pushback from staff and clients, says Kristin Ferguson, CFE, CAMS, CFI, senior director, enterprise investigations, TIAA- Nuveen, in an FTF News Q&A. At TIAA-Nuveen, Ferguson’s responsibilities include conducting and overseeing targeted, highly sensitive investigations, including but not limited to: embezzlement, bribery/kickbacks, vendor fraud,… Read More >>
Congress Mulls the Fate of the PCAOB
Securities firms, investors, government officials, and all other capital markets participants rely on the financials that auditors of public companies provide. Yet scandals large and small led to the creation of an auditor of the auditors in 2002, dubbed the Public Company Accounting Oversight Board (PCAOB), which was fostered by the U.S. Congress and then-President… Read More >>
LTX Weaves GenA.I. Into Bond Trading Workflows
LTX, the corporate bond trading subsidiary of Broadridge Financial Solutions, has a new capability for its platform that integrates generative artificial intelligence (A.I.) capabilities within trading platform workflows that can anticipate investing and trading inquiries, officials say. The new function, dubbed BondGPT Intelligence, can expect “users’ queries based on where they are in the investing… Read More >>
BondWave Bolsters Its Fixed Income Platform
Fixed income solutions provider BondWave has added a feature to its Effi platform for fixed income transactions that “allows users to measure their total trade costs and compare them against relevant peers in the marketplace,” officials say. The new feature, Transaction Quality Analysis (TQA), is intended to help end-users access “essential context into the true… Read More >>
A.I. in U.S. Ops May Help T+1 Overseas
The U.S. securities operations industry is seeing a boon of interest in artificial intelligence (A.I.) tools — from generative A.I. to predictive fail systems — as global market participants prepare for tighter settlement cycles across Europe, the United Kingdom, and Switzerland from Oct. 11, 2027. This wave of enthusiasm comes as global financial services institutions… Read More >>
Prometheum Bolsters Support for On-Chain Securities
Officials at Prometheum Inc., a market infrastructure provider for blockchain-native securities, report that they have registered Prometheum Coinery LLC as a digital transfer agent with the U.S. Securities and Exchange Commission (SEC) and acquired ProFinancial Inc., an SEC-registered and FINRA-member broker-dealer. These actions make Prometheum “one of the only platforms to offer end-to-end lifecycle support… Read More >>
