Global Banking & Finance

JANUARY 31, 2024

2024 needs to be the year of high-quality data. By Tim FitzGerald, Financial Services Manager, InterSystems Banks and financial institutions need to make 2024 the year of higher-quality data.

Financial Institution 45

Financial Institution Risk Management Asset Management Financial Services 45

The TRADE

DECEMBER 31, 2024

As a result, CLSSettlement has experienced notable growth from the fund community, with nearly 80% of top-tier investment managers now accessing the service. This conversation is especially relevant as cross-border transactions grow in volume and as asset managers expand their investment in international markets.

Trading 52

Trading Management Financial Institution Investment 52

The TRADE

JUNE 14, 2023

Exchange and clearing house operator Cboe Global Markets is planning to introduce a central counterparty (CCP) clearing service for securities financing transactions (SFT) in Q3 2024. Settlement will take place in 19 European Central Securities Depositories (CSDs). European SFTs primarily occur on a bilateral basis and are not cleared.

Finance 75

Finance Finance Securities Capital 75

The TRADE

JUNE 26, 2023

Despite the widely touted benefits, other attempts have come and gone over the years, including efforts from EuroCCP – now operating as Cboe Clear Europe after being acquired by Cboe Global Markets in 2020.

Finance 59

Finance Finance Securities IT 59

The TRADE

OCTOBER 24, 2023

Following this, in June, Cboe Clear Europe unveiled an initiative to introduce clearing, settlement and post-trade lifecycle management for SFT transactions in European cash equities and ETFs by Q3 2024. Following this, BNY Mellon selected Eurex as the first clearing house to centrally clear repo trades in Europe.

Trading 59

Trading Risk Management Equities Management 59

Software Equity Group

AUGUST 20, 2024

The company made 21 deals in the 12-month period ending the second quarter of 2024, including six deals year to date. Valsoft’s recent notable software buys include the May 2024 ERP/horizontal deal for Progitek Dev Inc., The company made 12 software deals in the past 12 months ending June 30, including three in 2024.

Investment 52

Investment Management Acquisitions Business 52

The TRADE

OCTOBER 25, 2023

BMLL Technologies BMLL provides its clients – banks, brokers, asset managers, hedge funds, global exchange groups, academic institutions and regulators immediate and flexible access to Level 3, harmonised, T+1 historical order book data and advanced pre- and post-trade analytics at scale.

Trading 59

Trading Investment Valuation Business 59