Broadridge Financial Services is exploring how artificial intelligence technologies combined with the provider’s logical data model BRx can be applied to capital markets, including front-to-back-office applications across asset classes. The proof-of-concept (POC) effort has only been underway for the past three weeks, says Hugh Daly, general manager, data and enterprise solutions, at Broadridge. Daly told FTF News about the… Read More >>
SWIFT Makes Sibos Virtual for 2021
Sibos to Be In-Person for 2022 The international financial services operations conference known as Sibos, produced by the SWIFT consortium, and slated for October of this year will be a virtual event, officials have confirmed. The conference in 2022 has been slated to be an in-person event. “The Covid-19 pandemic continues to impact the way… Read More >>
State Street to Service T. Rowe Price’s Active ETFs
State Street to Provide a Range of Services Rowe Price has appointed State Street as the service provider for four, newly launched active exchange-traded funds (ETFs) that are listed on NYSE Arca, Inc. “As part of the agreement, State Street will provide services including basket creation, dissemination, settlement, custody, fund accounting, order-taking, financial reporting, performance… Read More >>
SWIFT & Microsoft Collaborate to Bring Payments to Azure
SWIFT and Microsoft Join Forces for a POC Software giant Microsoft and financial messaging cooperative SWIFT are taking a major step forward in making Microsoft’s Azure cloud computing service the host for native payments, officials announced at SWIFT’s SIBOS conference underway this week in Sydney, Australia. The two companies acknowledged that they have been working… Read More >>
Broadridge Jolts Asset Servicing via New Service
Broadridge Launches Asset Servicing Solution at SIBOS Broadridge Financial Solutions is debuting at SIBOS in Sydney Australia a cloud-based processing solution that addresses the challenges with end-to-end asset servicing, officials say. The solution targets the “industry, business and operational challenges” that are part of global asset servicing, say Broadridge officials. Global A-list banks have been… Read More >>
SWIFT Launches Translator to Jolt ISO 20022 Migration
Financial services messaging cooperative SWIFT is taking steps to ease the migration to the state-of-the-art ISO 20022 messaging standard, which has not been widely accepted by buy-side firms wedded to older messaging standards. A new offering, SWIFT Translator, is intended to help institutions and market infrastructures “translate messages from any format to ISO 20022 or… Read More >>
SWIFT Extends Financial Crime Fighting to Emerging Markets
SWIFT has expanded its financial crime-fighting services while Broadridge Financial Services has just completed a key blockchain/distributed ledger technology (DLT) pilot — news that broke at SWIFT’s SIBOS industry conference in Toronto this week. In an effort to help small financial services firms and institutions fight financial crime in emerging markets, SWIFT is launching a… Read More >>
Credit Suisse, BNP Paribas Control Transaction Fees via SmartStream
SmartStream Technologies and Credit Suisse have expanded their invoice processing agreement so that the vendor will be handling the listed derivatives brokerage fees, officials from both companies announced at the SWIFT SIBOS event in Toronto this week. SmartStream also unveiled at SIBOS the latest version of its TLM Reconciliations Premium solution. The bank will be… Read More >>
Blockchain Takes Center Stage at SIBOS
Blockchain/distributed ledger technology (DLT) is taking the spotlight at the SIBOS conference in Toronto this week, put on by the financial messaging services and systems cooperative SWIFT. SWIFT itself has a preliminary report on its DLT efforts while vendors R3 and Calypso Technology announced a DLT pilot for BBVA and BBVA Bancomer, and BNP Paribas… Read More >>
SWIFT Pushes Mandatory Cyber-Security at SIBOS
Financial messaging and systems cooperative SWIFT underscored its commitment to cyber-security protections at its SIBOS conference in Geneva last week with a set of core security standards and an associated assurance framework that the cooperative is making mandatory for all customers. Throughout this year, SWIFT officials have been grappling with a series of cyber-attacks among… Read More >>
