T. Rowe Price Associates has successfully implemented a platform from Clearwater Analytics (CWAN) that will support the asset manager’s Stable Value Operations, and provide “advanced capabilities,” officials say. “Many asset managers in this market still rely on manual processes and legacy systems, creating fundamental industry challenges. T. Rowe Price’s deployment has helped improve productivity while… Read More >>
Bill Stone Says A.I. Must Prove Its Value
One of the keys to understanding the full impact of a disruptive technology is to use history as a guide. A case in point is the phenomenon of A.I.-based technologies that promise to overhaul or at least enhance the systems that run the front-, middle-, and back-offices of financial services firms operating in global capital… Read More >>
Citi Takes Aim at Asset Servicing Woes via SEP
Citi’s post-trade platform, Citi Investor Services, has a new feature for asset servicing — Single Event Processing (SEP) technology — a development that Citi officials are calling “a significant step” for real-time asset servicing, prompting the bank to say that “the majority of its custody flows” will be processed via SEP in 2026. In fact,… Read More >>
SFP Group Adopts Broadridge’s Front-to-Back Platform
Swiss real estate asset manager Swiss Finance & Property Group (SFP Group) is using an investment management technology platform from Broadridge Financial Solutions to oversee more than $15 billion in assets under management. The platform is based on a software-as-a-system (SaaS) platform that is intended to help SFP Group prepare for more growth with a… Read More >>
Nomura Securities Analyst Models Available via S&P Global
Analyst models from Tokyo-based investment bank Nomura Securities are available via the S&P Global Visible Alpha consensus collection of sell-side analyst models, S&P Global announced via a blog posting. “The 30+ publishing analysts from Nomura currently cover more than 600 companies, providing specific model line items to thoroughly understand a company’s performance and trends, KPI-specific… Read More >>
The Trust Company of Tennessee Taps SS&C’s Platform
The Trust Company of Tennessee has modernized its corporate retirement services support via the SS&C Retirement Recordkeeping platform from SS&C Technologies, officials say. “The Trust Company of Tennessee provides recordkeeping, administration, and advisory services to businesses and organizations offering retirement plans. The platform upgrade enables retirement plan sponsors to deliver retirement and wealth management services… Read More >>
Sibos II: Chainlink Pushes for a Corporate Actions Breakthrough
The Sibos 2025 conference in Frankfurt, Germany, recently concluded, but there were Ops developments on several fronts — corporate actions processing, collateral management, managed services, and financial crime prevention — which are chronicled in this news wrap. Chainlink Advances Corporate Actions Collaboration Chainlink, an Ethereum-based provider of decentralized “oracle” networks, is building upon a… Read More >>
Verity Acquired to Boost TMX Datalinx Offering
A company overseeing many exchanges, TMX Group, operator of the Toronto Stock Exchange, has acquired Verity, the maker of a buy-side investment research management system, in an effort to bolster a growth strategy for TMX’s Datalinx client offering, officials say. Verity has two core offerings — VerityRMS, a research management system, and VerityData, featuring datasets… Read More >>
HSBC & IBM Apply Quantum Computing to Bond Trading
Global bank HSBC and a team from IT systems giant IBM say that they have achieved a “ground-breaking” achievement in bond trading via quantum computing, which IBM says is a meeting of computer science and engineering “that harnesses the unique qualities of quantum mechanics to solve problems” in ways superior to classical computing. “In this… Read More >>
Euronext ETF Europe To Offer Consolidated Clearing & Settlement
Euronext, an operator of multiple trading venues, has launched Euronext ETF Europe, which will offer consolidated clearing and streamlined settlement, officials say. The new marketplace is described as “the first fully integrated marketplace for exchange-traded funds (ETFs) and exchange-traded products (ETPs) across Europe,” officials say. Officials add that post-trade operations “will also be significantly enhanced… Read More >>
