Post-trade infrastructure provider the Depository Trust & Clearing Corp (DTCC) is working with fintech company SSImple to help custodians automate the submission of correct Standing Settlement Instructions (SSIs) into DTCC’s Alert system — an effort that has become crucial as European firms move closer to their T+1 deadline. The DTCC’s Alert SSI database encompasses multiple… Read More >>
BNY Joins the CLSNet Service
Global custodian BNY has gone live on CLSNet, a bilateral payment netting calculation service, in an effort to “optimize and safeguard” FX operations against settlement risk, officials say. CLSNet is part of CLS, a settlement, processing, and data solutions provider for the foreign exchange (FX) industry. “CLSNet standardizes and automates post-trade matching and netting processes… Read More >>
Partnership Brings Proxy Voting to Tokenized Securities
Post-trade systems and services provider Broadridge Financial Solutions is partnering with Ondo Finance, a blockchain-native company that can tokenize real-world assets, to unlock proxy voting capabilities for “holders of third-party tokenized stocks and ETFs,” officials say. “Through this integration with a new Web3-enabled solution developed by Broadridge, holders of more than 250 Ondo tokenized stocks… Read More >>
Time for a Common Data Platform for Ops?
In Tokyo, two prominent companies are taking an innovative approach to back-office operations by exploring whether a common data platform could resolve many Ops woes. JPX Market Innovation & Research (JPXI), a subsidiary of the Japan Exchange Group (JPX) focused on JPX’s data, digital, and index businesses, and Japan Securities Finance (JSF), a provider of… Read More >>
BMLL & SpiderRock Launch Partnership
BMLL, a provider of historical Level 3, 2 and 1 data and analytics, is making SpiderRock’s Options Print Set data available through the BMLL Data Lab, officials say. The addition of SpiderRock’s Options Print Set data will help clients “analyze the interaction between options markets and underlying cash equity behavior within a single framework,” officials… Read More >>
Northern Trust Readies Tokenized Asset Custody via Canton Network
Northern Trust is collaborating with Digital Asset Holdings, the founder of the Canton Network, a public blockchain developed for financial services firms in need of secure and interoperable transactions. The collaboration will need the Canton Network for the custody capabilities for tokenized financial assets to come. The Northern Trust effort is in response to its… Read More >>
The CAT System Faces Scrutiny Again
The controversial Consolidated Audit Trail (CAT) will remain under scrutiny by the Securities and Exchange Commission even though the SEC recently finalized a set of cost-savings and related measures intended as ways to control the big data surveillance system. The regulator also implemented exemptive relief from certain requirements under the Securities Exchange Act of 1934…. Read More >>
Digital Money Needs More Governance, Infrastructure & Regulatory Clarity
Emerging forms of digital money — tokenized commercial bank money, stablecoins, and wholesale central bank digital currencies — are bringing with them IT efficiencies promising to enhance capital markets transactions. However, policymakers, regulators, and industry participants must provide greater legal and regulatory clarity, a more efficient infrastructure, and tighter governance. This is according to a… Read More >>
Broadridge Builds Bridges to Digital Asset Operations
Broadridge Financial Solutions reports that it is responding in multiple ways to clients who say that digital assets and tokenization are becoming central to their investors’ portfolios. As a provider of multiple services, systems, and applications for securities operations, Broadridge reports that it has extended its governance platform, reached out to Canadian wealth managers, and… Read More >>
CME to Launch Eris SOFR Swap Options in June
CME Group is slated to launch options on Eris SOFR Swap futures on June 16, 2026, pending regulatory review, as a way to help clients better manage U.S. dollar interest rate risk, officials say. “Our new options on Eris SOFR Swap futures will provide clients with additional flexibility in managing U.S. dollar interest rate risk,”… Read More >>
