SDX and Banque Pictet Complete Pilot Tokenising Corporate Bonds for Asset Management Portfolios

SDX, part of SIX, and Banque Pictet & Cie SA have completed a joint pilot project that successfully tokenised corporate debt instruments and allocated fractional amounts to portfolios managed by Pictet Asset Management SA. The initiative focused on EUR- and CHF-denominated corporate bonds, which were held in custody at SIX SIS and tokenised on the SDX platform. These tokenised bonds were then distributed in fractional units to investor portfolios, allowing for greater customisation and operational efficiency than traditional methods.

The pilot demonstrates the practical benefits of digital securities in mutual fund management, such as automated rebalancing, smaller investment sizes, and enhanced diversification. By enabling tailored strategies and broader access to asset classes like corporate bonds, the collaboration highlights the potential of tokenisation to transform the asset management industry through scalable, flexible digital infrastructure.

TNS Adds Bruce ATS Market Data Connectivity to Enhance 24×5 US Equities Trading Access

Transaction Network Services (TNS) has expanded its 24×5 US equities trading capabilities by adding market data connectivity to Bruce ATS, the overnight trading venue operated by Bruce Markets LLC. Through its secure, low-latency infrastructure, TNS now delivers Bruce ATS market data globally, supporting firms trading US equities during Asian market hours and reinforcing its commitment to global market access.

The move enhances TNS’ overnight trading offerings, which already include connectivity to venues like Blue Ocean ATS. Bruce ATS uses Nasdaq’s market technology and is actively growing its reach by partnering with firms like TNS that have established retail broker relationships. TNS’ global backbone and 24x7x365 support model provide trading firms with the reliable access and infrastructure required for continuous trading outside traditional US exchange hours.

Bloomberg and Clearwater Partner to Launch Integrated Front-to-Back Investment Solution

Bloomberg and Clearwater Analytics have announced a strategic collaboration to introduce a modular front-to-back investment solution tailored for asset managers and asset owners. This partnership aims to deliver a comprehensive operating model that enhances scalability, efficiency, and risk management across the investment lifecycle.

The integrated solution combines Bloomberg’s enterprise capabilities – including order and portfolio management, performance analytics, and OTC tools – with Clearwater’s platform for accounting, data aggregation, and reporting. Key features include turnkey managed integration, enhanced OTC management, synchronised cash management, and consistent trade data exchange, promising clients a seamless and transparent investment management experience.

GLEIF Appoints Singapore’s TradeGo as vLEI Issuer

The Global Legal Entity Identifier Foundation (GLEIF) has named Singapore’s TradeGo as a Qualified vLEI Issuer, permitting it to issue and register virtual equivalents of the internationally recognised entity verification technology.

Natural History Museum Biodiversity Index Adopted by GIST Impact

The British Natural History Museum’s Biodiversity Intactness Index has been integrated into GIST Impact’s risk data and analytics suite of nature-focused tools.

The index, which is derived from data contained within the museum’s body of research going back decades, is used as a measure of ecosystem health by a number of data providers to help clients assess the nature-related risks and opportunities of their investments.

YZi Labs Invests in Digital Asset to Advance Institutional Blockchain Adoption

YZi Labs has participated in Digital Asset’s $135 million Series E funding round, joining established financial institutions such as Goldman Sachs, Citadel Securities, and DTCC. The investment supports Digital Asset’s development of enterprise-grade tools for regulated markets and underlines YZi Labs’ commitment to enhancing infrastructure for institutional blockchain adoption, particularly in mature markets like the U.S.

Digital Asset is the developer of the Canton Network, a public Layer 1 blockchain designed with configurable on-chain privacy. As of June 2025, Canton supports tokenised real-world assets with a TVL in the trillions, including over $1.5 trillion in monthly U.S. Treasury repo activity. The network includes nearly 400 participants and addresses key barriers to blockchain use by regulated financial institutions. The funding will aid in expanding Canton’s infrastructure, accelerating onboarding, and enabling broader interoperability across global markets.

Calero eBonding Technology Enabled to Manage LSEG Entitlements

Users of LSEG’s Refinitiv Data Platform (Hosted) will now be able to automate their entitlement interactions through Calero’s eBonding capabilities.

Calero said the integration through API will reduce the manual processes that had typified clients’ management of LSEG entitlements. Through the integration users will be able automate access requests, changes and cancellations, which had been conducted largely by email-based workflows, and “provide real-time visibility into hosted entitlements, eliminate manual errors and allow straight-through processing”.

HK Government Backs ESG Compliance Provider Diginex

ESG reporting technology provider Diginex has received funding from the Hong Kong government to expand its artificial intelligence-driven functionality to help financial institutions meet sustainability compliance obligations.

The investment of an undisclosed sum follows the company’s US$2 billion acquisition of AI-driven data management and customer engagement business Resulticks Global Companies early in June.

Diginex said its expanded AI features will streamline ESG reporting processes. It will be “jointly developed with a leading financial institution through a co-creation collaboration model promoting commercialisation and wider adoption,” the company said.

The technology is built to enable compliance with regulations based on the Sustainability Standards Board (ISSB) and International Financial Reporting Standards (IFRS) frameworks.

Blue Ocean Technologies Selects Eventus’ Validus Platform for Trade Surveillance

Blue Ocean Technologies has chosen Eventus’ Validus platform as the trade surveillance solution for its Blue Ocean ATS, the first after-hours equities trading venue. This strategic move is aimed at enhancing Blue Ocean’s surveillance capabilities, supporting its mission to offer a secure and efficient 24-hour trading environment. The platform will help the company improve monitoring of trading activity through a centralised, flexible, and scalable system.

Validus was selected for its ability to handle high volumes of data and deliver actionable insights. Its comprehensive features are expected to strengthen Blue Ocean’s reporting, operational oversight, and long-term decision-making. This partnership underscores both companies’ focus on maintaining strong risk management and surveillance standards in global trading.

CME Group to Launch FX Tape+ for Enhanced Transparency in FX Markets

CME Group has announced plans to launch CME FX Tape+ later this year, aiming to deliver centralised reference prices and a broad view of FX market liquidity. The service will consolidate data from CME’s central limit order book (CLOB) platforms, including FX futures, EBS Market, FX Spot+, and FX Link. Drawing on a network of 1,400 institutions and over 100,000 FX market participants, the initiative is designed to address fragmentation in the FX market and improve pricing transparency.

CME FX Tape+ will provide real-time reference prices derived from firm, actionable liquidity rather than indicative or curated sources. Covering 10 major currencies at launch, the system will feature a composite mid-price calculated from trades, quotes, and mid-rates across CME’s platforms. Data will be available at 250-millisecond intervals via a websocket API and historical files, enabling market participants to better benchmark trading strategies and assess execution costs.