Refinitiv and Nomura Research Institute (NRI) have finally completed and taken live the software integration of NRI’s I-STAR/GX software platform into Refinitiv’s BETA wealth management brokerage processing platform, first mooted in the firms’ strategic partnership announced back in 2018. The partnership enables global diversification for Refinitiv’s retail and institutional clients, providing wealth management firms with automated settlement and straight-through processing of trades executed across all markets. I-STAR/GX allows these processes through a high-volume solution with single-stock record across all asset classes and markets, and real-time updates of intra-day transaction status changes across the settlement lifecycle.
A-Team Insight Briefs
Refinitiv and NRI Go-live with Automated International Post-Trade Brokerage Processing
Rising volumes and increasing complexity of corporate actions are challenging market participants’ efforts to reconcile data, automate corporate actions processing, and contain costs. The culprits causing these challenges include legacy systems, missing skills, manual processes, data quality issues, and a lack of standardisation. Added to these is the increasing complexity of corporate actions such as...
Parameta Solutions, interdealer broker TP ICAP’s data and analytics unit, has launched a new global post-trade analytics platform, Trading Analytics. The new offering, designed to help both buy- and sell-side firms to improve execution prices, will initially cover corporate, agency, government, and supranational bonds, with plans to expand across a variety of OTC asset classes...
Now in its 6th year, the RegTech Summit in London explores how the European financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.
The US corporate actions market has long been characterised as paper-based and manually intensive, but it seems that much progress is being made of late to tackle the lack of automation due to the introduction of four little letters: XBRL. According to a survey by the American Institute of Certified Public Accountants (AICPA) and standards...