Financial messaging and systems cooperative SWIFT has hired industry veteran David Lefferts from financial information services vendor Markit, where he served in product development, cross-product strategy, and senior business development roles over eight years, officials say. At SWIFT, Lefferts will serve as a managing director, market initiatives for the Americas. Lefferts, who has more than… Read More >>
SWIFT’s New CTO & COO Taking Over for Retiring CIO
Financial messaging and services cooperative SWIFT has hired a Verizon veteran Craig Young to be its new chief technology officer (CTO) and appointed SWIFT executive Marcel Bronmans as chief operations officer (COO), following a reorganization of the IT and operations division and the retirement of Mike Fish, SWIFT’s chief information officer (CIO) by the end… Read More >>
SS&C: Streamline FIX & SWIFT Messaging
(Editor’s Note: Before SWIFT’s SIBOS conference and exhibition in Boston got underway, FTF News reached out to key vendors working in the post-trade operations space to gather their expectations for the financial messaging cooperative. Bob Shaw, director, electronic trade communications, SS&C Technologies, has responded to our questions. SIBOS was held at the Boston Convention &… Read More >>
SWIFT App for ISO 20022 Gaining Ground
A year after its launch, the ISO 20022 Adoption mApp is proving to be effective in helping the SWIFT financial messaging cooperative push a harmonization agenda for the standard, says Stephen Lindsay, the head of standards for SWIFT. Lindsay presented his findings at the Standards Forum of the SIBOS conference and exhibition in Boston last… Read More >>
Blurred Lines: OTC Reforms for Voice Trading
(Editor’s note: This is the online version of the story appearing in the Fall 2014 edition of FTF News magazine, which will be available on the website later this month. The print edition of the magazine debuted at the SIBOS 2014 conference and exhibition in Boston last week. The event, put on by financial messaging… Read More >>
SWIFT Extends Alliance Lite2 to Business Apps
Financial messaging and services cooperative SWIFT has extended its cloud-based connectivity solution Alliance Lite2 to business applications, according to a statement released at the SIBOS 2014 Boston conference and exhibition. The conference, put on by SWIFT, is underway at the Boston Convention & Exhibition Center from Sept. 29 to Oct. 2. In a related move,… Read More >>
SIBOS News Bullets
As the SIBOS 2014 Boston conference and exhibition winds down, several key vendors serving securities markets have released product news. The event, put on by financial messaging and services cooperative SWIFT, is underway at the Boston Convention & Exhibition Center from Sept. 29 to Oct. 2. Officials at SunGard Financial Systems report that IntelliMatch Operational… Read More >>
Survey: Regulatory Overhaul Boosts Role of COO
The status of chief operating officers (COOs) appears to be on the rise as financial services firms take on dramatically new business models driven by global regulatory and market structure changes, according to a survey, sponsored by Broadridge Financial Solutions and conducted by The Economist Intelligence Unit. Broadridge, which provides investor communication services, solutions and… Read More >>
Misys: Regulatory Reporting Still Dominates
Q: What SWIFT-related product trends have you seen among your clients for this year? A: The big trend we’ve seen from our European financial institutions, as well as a few NA [National Association] corporations with European subsidiaries, is the requirement for regulatory reporting. Not only is there a need for service providers to route information… Read More >>
SWIFT’S KYC Registry Free for Participants
Financial messaging and services cooperative SWIFT will offer free access to its KYC (know your customer) Registry throughout 2015 for those banks that contribute their own institutional KYC data. SWIFT made the announcement at its SIBOS exhibition and conference, being held at the Boston Convention & Exhibition Center from Sept. 29 to Oct. 2. The… Read More >>
