873 results about this entity

Period: 22 Jul 2008 - 04 Jul 2024

Funds industry standards could be years away, says Clearstream

Interoperable standards between banks, fund managers and their intermediaries could take decades to emerge, according to European clearing and settlement body Clearstream.

Microsoft treasury pushes on with ISO20022 project as banks slow progress

The migration of Microsoft's treasury onto the XML-based ISO20022 messaging standard is likely to be a multi-year, ongoing initiative, according to a treasury manager at the software giant.

Chi-X defends risk model for its CCP

Technology rather than headcount is the basis for managing risk in the clearing and settlement of equity trades, according to an executive with alternative trading platform Chi-X

Swift to develop insurance industry platform

Interbank co-operative Swift has signed an agreement with major insurance industry players to develop a central platform for dematerialisation of paper transactions and electronic transmission between insurers, brokers and reinsurers.

JPMorgan to invest $1bn in treasury services

US bank JPMorgan has bucked the belt-tightening trend by using the Sibos conference to announce a $1bn investment in its treasury services business.

ING selects Microsoft for settlement connectivity via Swift

Microsoft has been contracted by Holland's ING Investment Management to provide its BizTalk Server as the financial messaging platform for Swift connectivity to its settlement partner Bank of New York Mellon.

Swift launches Lite interface in bid to win over low volume prospects

Financial messaging network Swift is looking to have as many as 60 corporate and banking customers in live production of the new Lite interface device by the end of the year.

Broadridge seeks counterparties for XML-based proxy voting messages

Outsourcing provider Broadridge has registered its newly developed XML-based messaging service for proxy voting with Swift so that it can be used over the co-operative's SwiftNet channel.

Swift extends E&I service to corporates

Financial messaging network Swift has extended its payment exceptions and investigations (E&I) package for corporate use, with the first companies expected to go live with the technology at the end of the month.

RZB selects Thomson Reuters technology for market risk project

Austrian banking group Raiffeisen Zentralbank Österreich is implementing technology from Thomson Reuters to support a new enterprise-wide market risk management system.

SunGard to launch new messaging platform

Fintech giant SunGard is gearing up to unveil a new financial messaging platform which it says will enable customers to consolidate all activity, regardless of format.

Prime brokers select Swift to develop trade matching platform

Swift says it is working with a group of major prime brokers to develop a centralised pre-settlement matching system that cuts the cost and risk of processing equity and fixed income trades originated by hedge funds.

NZX chooses Swift for clearing and settlement messaging

The New Zealand Stock Exchange (NZX) says it will use the Swiftnet FIN network for clearing and settlement messaging.