New partnerships with Clearstream, Euroclear and Iberclear will provide a single point of access to minimise cross-border hurdles.
The majority of industry bodies and market participants will most likely focus their feedback on the settlement penalties and the buy-in components of CSDR.
HKEX will use DAML-developed smart contracts and has partnered with DTCC to streamline and automate Northbound Stock Connect post-trade processes.
In partnership with HPR, Wells Fargo is upgrading its trading platform in the latest enhancement to its prime services business.
The new service from BNY Mellon enables investment managers to retain control over the collateralisation of their non-cleared derivatives activities.
RBS confirmed NatWest Markets would shut its client clearing and execution business for listed derivatives in the first quarter this year.
Various cuts have been made to the equities team at Citi as part of organisational changes.
The new service is powered by Elastic, where Deutsche Bank will use its machine learning and anomaly detection features.
Previous investors JP Morgan, Citi and Goldman Sachs also contributed to the round, taking the total raised by AccessFintech to $37 million since 2018.