TradingTech Insight Post-Trade The latest content from across the platform

SIX Partners to Develop Post-Trade AI Based Services

SIX, owner of the Swiss stock exchange, has entered a strategic partnership with Israel’s Cortica and Hong Kong’s Duotem Capital to develop artificial intelligence (AI) based services for the securities industry. Initial work will focus on the post-trade industry, with a viable service expected to be demonstrated in coming months. The collaboration will identify and…

Demand Derivatives Partners GMEX to Deliver Innovative Futures Exchange and Clearing House

Demand Derivatives, a creator of novel derivative instruments, and GMEX Group, a provider of exchange and post-trade technology solutions, are partnering to produce a US regulated futures exchange, RealDemand Board of Trade (RealBOT), and clearing house, RealDemand Clearing (RealClear). The partnership includes GMEX taking a minority equity stake in Demand Derivatives. RealBOT and RealClear are…

Société Générale Selects Duco Platform as Part of Plan to Reinvent Operations

Société Générale has reach agreement to deploy Duco’s software-as-a-service (SaaS) enterprise reconciliation and control platform as part of its focus on reinventing its operations functions to provide better insights, enhance customer service and improve data governance. Société Générale will use the Duco platform to automate key reconciliation processes across all business areas, dramatically improving efficiency…

RegTech Summit Calls for Collaboration Between Vendors, Users and Regulators

A-Team Group’s RegTech Summit returned to London last week with an impressive line-up of keynote speakers, lively panel discussions and an innovative regtech showcase featuring four newcomers to the market. The event also hosted numerous sponsors exhibiting leading regtech solutions and was joined by over 200 capital markets participants keen to further their knowledge of,…

Archax selects Aquis Technologies to underpin institutional-grade crypto exchange

Archax, the institutional-grade crypto and security token exchange due to open in the first half of 2019, has selected Aquis Technologies for a complete suite of exchange operations services and tools to support its business. The suite includes the Aquis Matching Engine (AME) and Aquis Market Surveillance (AMS), as well as market operations and post-trade…

Thomson Reuters Provides Market Data for Trax SI Determination Service

By Uri Inspector, Staff Reporter Post-trade specialist Trax has entered an agreement with Thomson Reuters to use the latter’s market and reference data to support its Systematic Internaliser (SI) determination service and MiFID II regulatory reporting. The deal is designed to help firms meet the regulatory obligations of the expanded SI regime that comes into…

Digital Asset Names Former Thomson Reuters Exec James Powell to CTO

Digital Asset, a New York-based distributed ledger technology solutions provider, has appointed former Thomson Reuters executive James Powell as its new CIO and CTO of engineering. Powell is charged with guiding development of the company’s distributed ledger platform and smart contract modelling language, DAML. He joins the firm after a stint at Warburg Pincus as…

FlexTrade Adopts SmartStream RDU’s SI Registry for MiFID II Compliance

By Uri Inspector, Staff Reporter FlexTrade has integrated SmartStream RDU’s Systematic Internaliser (SI) Registry into the FlexTrader execution management system (EMS) to help FlexTrade customers comply with new MiFID II reporting regulations coming into force from September 2018. The development will allow FlexTrade clients to ascertain the SI status of counterparties before they decide to…

Post-Trade for ETDs: The Final Frontier for Buy-Side Operational Efficiency?

The fund management industry’s shift to passive funds and embrace of smart-beta funds over the past decade or so has shaved margins to the extreme. In this environment, operational efficiency becomes an existential issue. Across a broad swathe of asset classes, front-office technologies have kept pace with massive changes in market structure driven by regulation…

J.P. Morgan and Citadel Adopt truePTS Post-Trade Derivatives Processing Solution

By Uri Inspector, Staff Reporter truePTS is addressing the challenges of post-trade derivatives processing with its ‘no touch’ automated solution. Early adopters J.P. Morgan and Citadel are using the cloud-based platform as a lower-cost, digital alternative to legacy confirmation providers. The solution offers real-time synchronised connectivity between all participants in the post-trade environment through an…