Trade processing
Banks invest in futures utility to guard against tech snafus
FCMs, including Goldman and JP, stump up $44 million to fund FIA Tech push to standardise trade processing
Solving the domino effect of delayed trade allocations
One year on from the pandemic-driven volatility of March 2020, Joanna Davies of Traiana looks at how buy-side firms can gain greater visibility and efficiency in exchange-traded derivatives (ETD) markets
Utility is success? Row brews over futures post-trade workflows
Industry confronts competing models and hard questions in search of better allocations workflow
Held in suspense: late futures orders blamed for Covid meltdown
Buy-side use of average pricing contributed to rash of failed trades and give-ups last March
Derivatives client clearer of the year: JP Morgan
Risk Awards 2021: bank avoided tech snags and margin call surprises that plagued peers during crisis
Common domain model needs infrastructure push, says Barclays
Bank wants market infrastructures to drive adoption of Isda CDM
Delivering certainty in uncertain times
TriOptima explains how it combines the reduction of gross notional exposure and the conversion of net risk exposure to deliver outsized results, partnering its portfolio compression network with core net ICE Libor over-the-counter swap portfolios
Opening the buy-side liquidity pool
Vikash Rughani, business manager at triReduce and triBalance, outlines a new approach enabling buy- and sell-side participants to optimise the transition of legacy Libor over-the-counter swaps contracts to alternative reference rates
Tech innovation in securities trade processing
Ramprasad Sandilya, vice-president of strategic solutions at Broadridge, discusses the challenges facing clients in securities trade processing and the firm’s four-point plan for future technological innovation.
Functional programming reaches for stardom in finance
Fans highlight more reliable code, and suitability for complex tasks and distributed ledgers
Planned sale prompts hard look at post-trade firms
Plans to sell MarkitServ fuel warnings about middleware vendors’ future
Trade data initiatives aim to unify regulatory reporting
Standardised data would improve systemic risk monitoring and save firms billions, say data engineers
The battle for the back office
Post-trade incumbents at risk as Isda and others search for standards
Citi and JP Morgan back MarkitSERV rival
Big dealers revealed as first bank clients of swaps start-up truePTS days after legal settlement
Buy side backs trueEX in tussle with Markit
Asset managers worry legal dispute could force trueEX out of business
trueEX sues Markit over threat to withdraw service
Sef claims it would be forced out of business if it loses access to MarkitSERV
Technology: banks start thinking inside the box
Monolithic capital markets systems are giving way to microservices, containers and APIs
Energy firms face Emir confirmation challenge
Fax counterparties could be locked out of OTC market
Technology special report
Derivatives trade reporting, CpML and the increasing use of GRC
Technology House of the Year: TriOptima
Emir and Dodd-Frank are seeing energy companies flock to TriOptima
Out of office: banks debate merits of shared processing
Sliding profits are prompting banks to take a new look at an old idea – an industry run back-office utility
Special report: Clearing
In the clear?