Broadridge Financial Solutions has a new platform for its post-trade solutions and services that brings together processing engines with new, Java-based components, intended to provide financial services firms with a standardized, streamlined environment. The new Global Post Trade Management (GPTM) solution is intended to bring new operational advantages to global trade processing and management because… Read More >>
Omgeo Alert Settlement Utility Hits Milestone
Omgeo Alert, an online global database of account information and standing settlement instructions (SSIs), has hit a milestone with more than six million settlement instructions — a major step forward in its push to become the dominant SSI utility, say officials of the post-trade market infrastructure services provider the DTCC, which owns Omgeo. SSIs hold… Read More >>
Q&A: Could Blockchain Really Be a Revolution?
(The securities industry is jumping on the distributed ledger/blockchain technology bandwagon at a record pace and with widespread support. The underlying backbone of cryptocurrency Bitcoin-based transactions is having a life of its own among major Wall Street firms and industry organizations. FTF News got a few minutes with industry analyst Dr. Anshuman Jaswal, who is… Read More >>
Blockchain Hits Its Stride and Barriers
The Blockchain technology behind the Bitcoin cryptocurrency has been gaining a lot of ground lately but a new white-paper warns that “widespread adoption is still years away” because of technological, psychological and cultural barriers. Blockchain technology has been used to create a public ledger to keep track of all Bitcoin transactions “that have ever been… Read More >>
