Post Trade Solutions, a part of LSEG’s Markets division, has launched TradeAgent, a post-trade processing platform that relies upon a centralized data store to provide standardization and automation across workflows, officials say. TradeAgent’s creation was aided by a consortium of more than 10 leading banks and buy-side firms. TradeAgent is intended to help industry participants… Read More >>
NYSE Settles SEC’s Operational Glitch Case for $9M
The New York Stock Exchange (NYSE) has paid a $9 million penalty to the Securities and Exchange Commission (SEC) to settle charges that NYSE officials allegedly failed to conduct opening auctions for more than 2,800 securities in January 2023, officials say. “The SEC’s settled order finds that on January 24, 2023, NYSE failed to run… Read More >>
DTCC Readies New Portals for Securities Data & Analytics
DTCC officials are readying portals for securities data and redesigned analytics that will use the cloud-based data platform from Snowflake to relay clearing, settlement, and post-trade processing information via dashboards, data visualizations, and analytics tools. The analytics are intended to provide actionable insights that DTCC client firms can use to measure their operational efficiency, officials… Read More >>
The Fed Clarifies How to Handle Tokenized Securities
The tokenization of securities must be taking off as Federal Reserve officials have recently compiled a useful set of frequently asked questions (FAQs), entitled “Capital Treatment of Tokenized Securities Frequently Asked Questions,” that is providing much-needed clarity. Among other helpful aspects, the FAQ sheet offers a definition of tokenized securities via distributed ledger technology (DLT),… Read More >>
Blaylock Van to Help CBGM’s Expansion Plans
New York-based fintech ClearBid Global Markets (CBGM) has inked a deal with broker-dealer Blaylock Van as part of a strategic growth agenda for its digital bond trading and data marketplace in the United States. CBGM operates a proprietary marketplace for the issuance, distribution, and management of fixed income securities for institutional and corporate clients. It… Read More >>
ICE & OKX Launch Joint Initiatives
Intercontinental Exchange (ICE), an exchanges operator and financial technology provider, has made an undisclosed strategic investment in OKX, a blockchain technology and trading company, officials say. ICE owns and operates the New York Stock Exchange (NYSE). “The companies intend to evaluate joint initiatives across market structure design, clearing and risk management, data, and institutional access… Read More >>
Orange Investment Advisors Taps Clearwater Analytics
Credit-focused investment manager Orange Investment Advisors has chosen investment management technology platform Clearwater Analytics (CWAN) to revamp front-to-back investment operations across its structured credit portfolio. A specialist in structured credit strategies with an active, value-based tilt, Orange has deployed CWAN’s Enfusion platform, providing the asset manager with an integrated portfolio management system (PMS), order management… Read More >>
Finbourne & Alkymi Bring A.I. to Private Credit Data Ops
Financial technology providers Finbourne Technology and Alkymi are launching an integrated credit risk monitoring solution for the private credit industry that is intended to end the manual effort associated with processing private credit data, officials say. In short, the partnership between them has led to the new solution that offers early detection of deteriorating credit… Read More >>
Firms Are Rethinking ‘All-You-Can-Eat’ Data Licenses
(FTF News recently got time with Roy Kirby, head of core products at SIX, and explored some of the key findings from SIX’s Future of Finance 2025-26 survey and report. The fourth annual study in the Future of Finance series focuses on the expectations of senior executives overseeing the global financial services industry. The report… Read More >>
Six Banks Commit $100M to OSTTRA’s Expansion
Bank of America, Barclays, Citi, HSBC, UBS Investment Bank, and Wells Fargo have agreed to make a combined $100 million strategic equity investment in post-trade provider OSTTRA to support its expansion into new markets and asset classes. The move follows investment firm KKR’s $3.1 billion acquisition of OSTTRA late last year. The company’s network connects… Read More >>
