CLS sees buy-side adoption of post-trade platform grow after State Street integration
Increased traction demonstrates demand from the buy-side to manage all FX post-trade workflow within one platform, claimed CLS.
Increased traction demonstrates demand from the buy-side to manage all FX post-trade workflow within one platform, claimed CLS.
Gaze into The TRADE's crystal ball for insights from industry participants across the fixed income and post-trade space on their predictions for the year ahead.
Partnership between CLS and Finastra aims to address increased demand from buy-side firms for a centralised post-trade management infrastructure.
CLS expands list of settlement members for its combined cross-currency swaps service with IHS Markit, as Goldman Sachs becomes the latest to sign up.
Weekly analysis of key currency pairs by Mosaic Smart Data, CLS and MUFG will be available to market participants free of charge.
Thomas Barkhuff joins CLS after recently serving as chief technology officer at IT and business consultancy CGI.
State Street will combine its TradeNeXus post-trade platform with CLSTradeMonitor to help buy-side clients better manage FX settlement.
Keith Tippell, who has formerly worked at Droit Financial, SWIFT and Markit, will lead all new product development at CLS.
FX settlement provider CLS has added three major investment banks to its blockchain-based netting platform, with nine institutions now live on the service.
The record compression activity is up 71% from last year, with triReduce CLS FX compressing $4.9 trillion in the fourth quarter alone.