TradingTech Insight Post Trade, Clearing & Settlement The latest content from across the platform
Duco Maps a Path Towards Agentic Post-Trade Operations
Duco is extending agentic AI deeper into post-trade operations following production trials in which 12 financial institutions recorded an average 76% reduction in time spent on manual reconciliation work. The participants in Duco’s Pacesetters programme, which include BBVA, Blackstone Credit & Insurance and CIBC Mellon, reported reductions of more than 91% in the time required…
DTCC and iCapital Target Private Markets Infrastructure as Alternative Assets Move Towards Scale
DTCC and iCapital have formed a strategic collaboration aimed at bringing greater automation, standardisation and connectivity to private markets, as growing allocations to alternative investments put pressure on an operational infrastructure that remains considerably more fragmented than its public-markets equivalent. The agreement brings together DTCC’s market infrastructure, processing capabilities and participant network with iCapital’s technology…
J.P. Morgan Automates US Listed Options Matching with DTCC’s CTM
J.P. Morgan is now using DTCC’s CTM automated trade matching workflow for US listed options, targeting greater efficiency in commissions reconciliation and post-trade processing. The workflow is designed to increase straight-through processing by standardising trade matching and reducing manual reconciliation. CTM can automate the handling of commission breaks, removing the need for customised reports and…
OSTTRA Targets FX Timing Mismatches Behind Margin Disputes
OSTTRA, the global post-trade network, has expanded its triResolve portfolio reconciliation service with a new prediction model designed to identify one of the most persistent causes of margin disputes in the FX market: counterparties valuing the same trade using market rates captured at different times. The FX Snap Time Prediction Model uses historical trade valuation…
Tokenovate Executes CDM-Native Intraday Repo on Canton Network
Tokenovate has executed and settled an intraday repo transaction on the Canton Network using the FINOS Common Domain Model (CDM), with the cash leg settled in Circle-issued USDC expressed as USDCx Reserve on Canton. The transaction used CDM-native event and state management across the full repo lifecycle, covering trade representation, lifecycle processing, collateral movements and…
smartTrade Extends into Post-Trade with Multi-Asset Flow Platform
smartTrade Technologies has launched smartTrade Flow, a multi-asset post-trade platform covering processes from matching and reconciliation through to settlement, accounting, regulatory reporting and audit. The standalone platform connects to existing trading systems through APIs and integrates natively with smartTrade’s LiquidityFX and Commercial Banking & Payments products. It supports FX, precious metals, money markets, fixed income,…
Smartstream Brings MCP-Based AI Access to Collateral Operations
Smartstream, the data solutions provider for global financial institutions, has extended its use of agentic AI into collateral management with the launch of two Model Context Protocol (MCP) servers for its Smart Collateral platform, giving financial institutions a standards-based way to connect approved AI assistants directly to collateral data and workflows. The move is designed…
SIX x-clear Extends Clearing to US Equities
SIX is expanding its post-trade offering with a new clearing segment for US securities, enabling European clients to trade and clear US instruments through its interoperable central counterparty, SIX x-clear. The service will operate within a European framework, with extended clearing hours aligned with the US market close and settlement through DTCC. Initial coverage will…
OSTTRA and Acuiti: Post-Trade Emerging as Competitive Differentiator
Derivatives firms are increasingly treating post-trade operations as a source of competitive advantage and capital efficiency rather than simply a back-office cost, according to research from OSTTRA and Acuiti. The study of 45 sell-side firms found that 96% of respondents active in OTC derivatives and 89% in listed derivatives see improved netting and optimisation as…
LCH SwapClear Clears First POLSTR OIS as Poland Moves Away from WIBOR
LCH SwapClear has cleared its first overnight index swaps (OIS) referencing POLSTR, the new risk-free rate for Polish zloty-denominated swaps, with Erste Group, ING Slaski and Societe Generale among the first participants. The launch supports Poland’s transition from WIBOR to POLSTR and the National Working Group’s efforts to encourage adoption of the new benchmark in…