Australian FinTech’s Post

The Depository Trust & Clearing Corporation (DTCC) and Cboe Clear Europe to introduce new clearing workflow for OTC cash equities trades #usfintech #fintechusa #australianfintech #fintech #fintechnews #finance #financialtechnology #trading #OTC #cash #equities #equitytrading

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that Goldman Sachs & Co. LLC has achieved a greater than 99% same day affirmation rate and a significant improvement in settlement rates for transactions leveraging CTM’s Match to Instruct (M2i) workflow in Q4 2023. In addition, Goldman Sachs was able to achieve a 38% reduction in same-day affirmation exceptions and a 64% reduction in US settlement fails by value, when matching and affirming trades with investment manager counterparties who also use CTM’s M2i. Read more: https://lnkd.in/dwvC6daf #trading #fintech #finance #FinancialIT

The Depository Trust & Clearing Corporation (DTCC) , the post-trade market infrastructure for the global financial services industry, is collaborating with Cboe Clear Europe, the pan-European cash equities Central Counterparty (CCP), to improve settlement efficiencies for over-the-counter (OTC) cash equities trades in UK and European markets. https://lnkd.in/gnqAsiTS #posttrade #marketinfrastructure #CCP #OTC #workflow #riskmanagement #counterparty #trimatching #T1settlement

The Depository Trust & Clearing Corporation (DTCC) , the post-trade market infrastructure for the global financial services industry, is collaborating with Cboe Clear Europe, the pan-European cash equities Central Counterparty (CCP), to improve settlement efficiencies for over-the-counter (OTC) cash equities trades in UK and European markets. https://lnkd.in/gnqAsiTS #posttrade #marketinfrastructure #CCP #OTC #workflow #riskmanagement #counterparty #trimatching #T1settlement

The Depository Trust & Clearing Corporation (DTCC) and Cboe Clear Europe to create new OTC cash equities clearing workflow. The pair intend to develop a proof of concept that links DTCC’s tri-party trade matching workflow with Cboe Clear Europe. #markets #trading #posttrade #clearing #cboecleareurope #dtcc #institutionalinvestors

I'm excited to share an article from my Broadridge team, which shares views from industry leaders on how the implementation of T+1 will impact the Asia market shared during a webinar by The Alternative Investment Management Association. Some of the challenges that were top of mind include: ∙ The transition to T+1 settlement in the U.S. will place time pressure in trade matching and reporting. ∙ Asian fund managers will face potential resource constraints during Saturday mornings. ∙ How to navigate other operational challenges that may arise from securities lending and forex trades. ∙ Asset managers will need to automate processes and closely collaborate with custodians to navigate the T+1 successfully. Prepare for the fast-approaching T+1 changes in Asia. http://spklr.io/6046oqIa

I'm excited to share an article from my Broadridge team, which shares views from industry leaders on how the implementation of T+1 will impact the Asia market shared during a webinar by The Alternative Investment Management Association. Some of the challenges that were top of mind include: ∙ The transition to T+1 settlement in the U.S. will place time pressure in trade matching and reporting. ∙ Asian fund managers will face potential resource constraints during Saturday mornings. ∙ How to navigate other operational challenges that may arise from securities lending and forex trades. ∙ Asset managers will need to automate processes and closely collaborate with custodians to navigate the T+1 successfully. Prepare for the fast-approaching T+1 changes in Asia. http://spklr.io/6049oI3S

I'm excited to share an article from my Broadridge team, which shares views from industry leaders on how the implementation of T+1 will impact the Asia market shared during a webinar by The Alternative Investment Management Association. Some of the challenges that were top of mind include: ∙ The transition to T+1 settlement in the U.S. will place time pressure in trade matching and reporting. ∙ Asian fund managers will face potential resource constraints during Saturday mornings. ∙ How to navigate other operational challenges that may arise from securities lending and forex trades. ∙ Asset managers will need to automate processes and closely collaborate with custodians to navigate the T+1 successfully. Prepare for the fast-approaching T+1 changes in Asia. http://spklr.io/6040otDO

I'm excited to share an article from my Broadridge team, which shares views from industry leaders on how the implementation of T+1 will impact the Asia market shared during a webinar by The Alternative Investment Management Association. Some of the challenges that were top of mind include: ∙ The transition to T+1 settlement in the U.S. will place time pressure in trade matching and reporting. ∙ Asian fund managers will face potential resource constraints during Saturday mornings. ∙ How to navigate other operational challenges that may arise from securities lending and forex trades. ∙ Asset managers will need to automate processes and closely collaborate with custodians to navigate the T+1 successfully. Prepare for the fast-approaching T+1 changes in Asia. http://spklr.io/6046ovko

I'm excited to share an article from my Broadridge team, which shares views from industry leaders on how the implementation of T+1 will impact the Asia market shared during a webinar by The Alternative Investment Management Association. Some of the challenges that were top of mind include: ∙ The transition to T+1 settlement in the U.S. will place time pressure in trade matching and reporting. ∙ Asian fund managers will face potential resource constraints during Saturday mornings. ∙ How to navigate other operational challenges that may arise from securities lending and forex trades. ∙ Asset managers will need to automate processes and closely collaborate with custodians to navigate the T+1 successfully. Prepare for the fast-approaching T+1 changes in Asia. http://spklr.io/6044UHJC