AccessFintech taps Capco to accelerate post-trade transformation adoption
Capco will combine its technology consultancy capabilities with the AccessFintech post-trade solution under agreement.
Post-Trade
Eurex launches swaps and OTC FX clearing service
JP Morgan, Morgan Stanley and Commerzbank have gone live as the first clearing members on the service at Eurex.
CLS completes major technology change initiative with revamped settlement platform
The project, named Convergence, includes the migration of CLSSettlement onto its Unified Services Platform.
Clearing and prime brokerage APAC head at Citi joins LCH
New head of Asia Pacific at LCH joins the clearinghouse after nearly ten years at Citi most recently as head of OTC clearing and FX prime brokerage.
DTCC enhances ETF solution with automated collateral management process
New solution at DTCC includes fixed income ETF capabilities and a no-touch process which provides increased operational efficiency and balance sheet relief.
Eurex expands buy-side access to cleared repo business
Expansion of the ISA Direct clearing model for repo at Eurex will give hedge funds and other firms access to the scheme.
First Korean bank goes live with client clearing at LCH ForexClear
LCH has added Hana Bank as the first Korean bank to offer client clearing through ForexClear for FX derivatives.
Citi and Societe Generale execute first SARON/SOFR swap with LCH SwapAgent
The SARON/SOFR cross-currency basis swap between the two banks took place at LCH SwapAgent and was brokered by Gottex.
Broadridge and China Renaissance to expand post-trade processing via Stock Connect
The expanded partnership between Broadridge and China Renaissance will facilitate the clearing and settlement of both Shenzhen- and Shanghai-listed equities.
BNP Paribas signs 10-year agreement with FIS on derivatives clearing
All post-trade derivatives operations at BNP Paribas including reconciliation and post-trade processing will be managed by FIS under 10-year agreement.