Post-trade market infrastructure provider the Depository Trust and Clearing Corp. (DTCC) has quantified recent market volatility, spurred by tariff turmoil and other factors, with reports of record volumes via its platforms and services. DTCC officials report peak values and volumes across: The National Securities Clearing Corp. (NSCC): “On April 9, NSCC achieved a new peak… Read More >>
SEC Publishes Data & Analysis on Key Groups
The Securities and Exchange Commission (SEC) is doing its part to offer more transparency into capital markets via its Division of Economic and Risk Analysis (DERA), which has published new data and analysis on public issuers, exempt offerings, commercial mortgage-backed securities (CMBS), asset-backed securities (ABS), money market funds, and security-based swap dealers (SBSD). DERA officials… Read More >>
Firms Are Not Ready for Autonomous A.I.: SS&C Survey
A new survey from SS&C Technologies finds that artificial intelligence, particularly in its more advanced iterations, has captured the imagination of executive and senior IT and operations managers at financial services firms. However, firms need to do much more groundwork, such as building “the foundations — governance, trust, skills, readiness and more” before embracing advances… Read More >>
BNY Taps Behavox for A.I.-based Compliance Monitoring
Custodian bank BNY reports that it has implemented a voice and communication surveillance platform from provider Behavox that uses artificial intelligence (A.I.) technologies to create insights from structured and unstructured corporate data, officials say. The software-as-a-service (SaaS) implementation of Behavox’s Quantum platform encompasses BNY’s communication channels across 16-plus languages. “BNY is benefiting from Behavox’s flagship… 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 >>
Providers Try New Ways to Ease Collateral Management
The new tariff wars are spurring new operational challenges across global markets, a situation made more difficult by less-than-optimal collateral management operations at many firms. As firms navigate fluctuating markets and regulations, post-trade infrastructure provider the Depository Trust & Clearing Corp. (DTCC), and established providers SmartStream and Finastra are exploring new ways to optimize collateral… Read More >>
LDA Technologies Device Targets Data & Record-Keeping Woes
LDA Technologies, a developer of advanced ultra-low latency integrated circuits and network solutions for capital markets, has launched NeoTap X, a high-performance hardware solution that can be applied to trade monitoring, compliance reporting, advanced analytics, and optimizing network performance, officials say. The timestamping and tap aggregation features of NeoTap X are intended to help firms… Read More >>
Nasdaq Wants ‘Smart Reforms’ to Strengthen Public Companies
Private markets are becoming more appealing as public companies face greater burdens and an unpredictable regulatory environment. So say Nasdaq officials who want to change this situation by strengthening capital markets and recommending key public policy proposals to make that happen. The policy recommendations are featured in a paper, “Advancing the U.S. Public Markets: Unlocking… Read More >>
Why Data Provenance Matters to SIX
(In a wide-ranging discussion, Charles Warburton, head of product and commercial strategy — Americas, local country head — U.S., for SIX, explores the major aspects of SIX’s commitment to data provenance encompassing direct connections to data sources, the roles of corporate actions and reference data, the importance of fixed income and securities master data, and… Read More >>
The OCC Provides Some Crypto Clarity for Banks
The Trump cryptocurrency push got a major regulatory green light earlier this month when the Office of the Comptroller of the Currency (OCC) reaffirmed that “a range of cryptocurrency activities are permissible in the federal banking system.” OCC officials published Interpretive Letter 1183 “to confirm that crypto-asset custody, certain stablecoin activities, and participation in independent… Read More >>
