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BNY Goes Live on CLS’s Automated Bilateral Payment Netting Service
CLS, the global financial market infrastructure group, has announced that BNY is the latest financial institution to go live on CLSNet, the automated bilateral payment netting calculation service designed to standardise and automate post-trade processes for over 120 currencies. BNY will utilise the platform to improve liquidity optimisation and operational efficiencies, specifically focusing on currency…
Financial Markets Need Their Own Mission Control
By Diederik Geeraerts, CEO at Taskize, a Euroclear company. With the Artemis II astronauts back down to Earth after travelling a quarter of a million miles to the Moon and back, the mission stands as a reminder of what success in complex systems really depends on. Not perfection, but the assumption that things can go…
STP Investment Services and CAPIS Partner to Launch Integrated Trading and Operations Model
STP Investment Services and CAPIS have announced a strategic partnership to provide a coordinated outsourced model for buy-side firms. This collaboration integrates CAPIS’ institutional trade execution with STP’s technology-enabled investment operations. The solution is designed to bridge the traditional gap between front-office trading and middle-office support, allowing investment managers to scale their businesses without the…
Clearstream Pulls Tokenised Securities into the Institutional Collateral Stack
The Deutsche Börse Group CSD’s partnership with Ondo Finance and 360X places tokenised equities and ETFs inside regulated European post-trade infrastructure, starting with US names – and sets up a two-way bridge between traditional collateral pools and on-chain venues. Clearstream has taken a visible step towards integrating public-blockchain assets into its institutional post-trade infrastructure, partnering…
DTCC and CME Secure Approval to Expand U.S. Treasury Cross-Margining for End Users
DTCC and CME Group have received approval from the SEC and CFTC to extend their U.S. Treasury cross-margining arrangement to end-user clients of dually registered broker/dealers and futures commission merchants that are common members of DTCC’s Fixed Income Clearing Corporation (FICC) and CME. The expanded service is due to go live on April 30 and…
DTCC Takes Core Clearing Infrastructure to Public Cloud in Landmark Migration
The Depository Trust & Clearing Corporation (DTCC) is migrating core clearance and settlement systems to a public cloud infrastructure for the first time, in a move that marks one of the most significant architectural shifts in US post-trade infrastructure since the organisation’s formation. The announcement, made on 15 April, confirms that DTCC will use Amazon…
HSBC’s Canton Pilot Is a Milestone – But the Real Test Is Everything Around It
HSBC has completed a pilot issuing and settling its tokenised deposits on the Canton Network, the public blockchain developed by Digital Asset for regulated institutional finance. The bank’s Global Payments Solutions business simulated the issuance, transfer and atomic settlement of its Tokenised Deposit Service against other digital assets on Canton-enabled applications – the first time…
How Murex and Quant Network are Tackling the Tokenisation Operationalisation Gap
Tokenisation of real-world assets has crossed the $100 billion mark. DTCC has received SEC approval to tokenise real-world assets from mid-2026. BlackRock, Franklin Templeton and JPMorgan have live tokenised funds. The New York Stock Exchange is developing a blockchain-based venue for 24/7 trading of tokenised securities. And in the UK, a consortium of six major…
Post-Trade at a Crossroads: Re-Engineering the Infrastructure Behind Modern Markets
Post-trade infrastructure is entering a period of structural change unlike anything the industry has seen since the regulatory reform that followed the 2008 financial crisis. Settlement cycles are compressing, trading hours are extending toward continuous operation, cross-asset strategies are demanding unified lifecycle management, and the tokenisation of real-world assets is opening new possibilities for collateral…
Nasdaq Positions Calypso as the Institutional Bridge for On-Chain/Off-Chain Collateral Convergence
Nasdaq is building a modular infrastructure ecosystem around its Calypso platform, positioning it as the institutional bridge between traditional and digital asset collateral workflows. A partnership with digital asset infrastructure provider Talos, announced in March, is the most recent in a sequence of coordinated initiatives – including a live integration with the Canton network and…