(John Bevil, a senior product manager at data automation platform provider Xceptor, recently took questions from FTF News about a key European Securities and Markets Authority (ESMA) report on the E.U.’s transition to T+1 settlement and some of the lessons learned from the U.S. adoption. Bevil says that he has watched the financial services industry’s… Read More >>
Franklin Templeton Taps BNY for ETF Servicing
Global asset manager Franklin Templeton has appointed custody giant the Bank of New York Mellon Corp. (BNY) to provide “a full suite of asset servicing and foreign exchange capabilities” for U.S.-listed, exchange-traded fund (ETF) offerings, officials say. “Franklin Templeton is expanding its long-standing relationship with BNY to leverage additional services for one of its fastest-growing… Read More >>
CME Adds FTSE CoreCommodity CRB Index Futures
Derivatives marketplace company CME Group has expanded its presence in the global commodities market with the planned addition of FTSE CoreCommodity CRB Index futures, pending regulatory approval. The FTSE CoreCommodity CRB Index tracks a diversified basket of 19 commodities — including energy, agriculture, precious metals, and industrial metals. Officials say the new offering is designed… Read More >>
SS&C Adds Investment Management Suite to Black Diamond
SS&C Technologies has added a suite of integrated capabilities to its Black Diamond Wealth Platform — dubbed Black Diamond Investment Management Services — that is intended to elevate client outcomes for advisors via streamlined portfolio management, trading, and client engagement, officials say. “Shifting client expectations are driving the need for advisors to solve more problems… Read More >>
FTF Reveals Winners of the 14th Annual Awards Program
Financial Technologies Forum (FTF) has revealed the winners of the 2025 FTF News Technology Innovation Awards program, and cutting-edge and mainstream achievements are the common themes among the winners. The FTF Awards program — now in its 14th year — honors providers, organizations, and individuals who made significant contributions to the profession of securities operations… Read More >>
Citi & SDX to Tokenize Private Market Shares
Citi is collaborating with SDX Group AG (SDX), the digital assets exchange from SIX, so that the global bank can transform a paper-based system into a tokenized one that settles and secures private shares via SDX’s digital Central Securities Depositary (CSD) platform. The new solution will also deliver “late-stage pre-IPO equities to institutional and eligible… Read More >>
Tariff Turmoil Creates Big Clearing & Settlement Spikes
(Global financial markets entered into new levels of volatility over the past month as a result of the Trump administration’s tariff agenda. The impacts stretch from the front office to the middle- and back-office teams and enterprise-wide IT infrastructures. While firms grapple with shifting investor demands and significant market churn, their systems, infrastructures, and strategies… Read More >>
Canada’s Clearinghouse Has a New Post-Trade Core
The Canadian Depository for Securities Ltd. (CDS) hub for Canada’s depository, clearing, regulatory, and information needs has completed a major transition away from its legacy mainframe systems, provided by Tata Consultancy Services (TCS), to the TCS BaNCS platform, officials say. According to CDS officials, the just-replaced systems, “while reliable for over twenty years,” became “complex… Read More >>
Chilean Firm Taps BBH for Custody & Fund Services
Asset servicing provider Brown Brothers Harriman (BBH) has been tapped to provide custody and fund order services for a Chilean insurance company, Compañia de Seguros Confuturo SA, which, in its role as an institutional investor, oversees $2 billion in assets abroad, officials say. “Confuturo’s investments abroad have increased significantly, as has the diversity of instruments,… Read More >>
‘Lynq’ Settlement Network for Digital Assets Launches
A real-time, yield-bearing settlement network, dubbed Lynq, has launched with the backing of Arca Labs, Tassat Group, and tZERO Group. It is supported by a tokenized treasury fund and custodied via a special-purpose broker-dealer. “This announcement comes after more than a year of market engagement, platform development, and the creation of the Arca Institutional U.S…. Read More >>
