Clearing house (finance)

Cboe Clear Europe Secures Support of Additional Key Participants for Launch of Securities Financing Transactions Clearing Service

Retrieved on: 
Thursday, April 4, 2024
Bank of America, Clearing house (finance), Growth, Rural sociology, Risk, CRR, CRD, Bank, CCP, SFT, UCITS, Capital Requirements Regulation 2013, Capital Requirements Directives, State Street, ETF, State, Security (finance)

Brings total number of launch participants to nine, comprising a broad range of key market participants, including banks, clearing firms, asset managers and custodians

Key Points: 
  • Brings total number of launch participants to nine, comprising a broad range of key market participants, including banks, clearing firms, asset managers and custodians
    Launch on track for Q3 2024, subject to regulatory approvals
    AMSTERDAM and LONDON, April 4, 2024 /PRNewswire/ -- Cboe Clear Europe, Cboe's Amsterdam-based pan-European clearing house, today announced that it has secured the support of additional participants to support the launch of its Central Counterparty (CCP) clearing service for securities financing transactions (SFTs).
  • Their commitment brings the total number of launch participants for the SFT clearing service to nine, comprising a broad range of key market participants, including banks, clearing firms, asset managers and custodians.
  • Alessandro Cozzani, Managing Director, Bank of America, said: "We are excited to embark on this journey with Cboe Clear Europe.
  • At launch, Cboe Clear Europe will be the only pan-European CCP offering these consolidated services for SFTs in European cash equities and ETFs."

nuam exchange and Vermiculus Financial Technology establish partnership to create technological core for Central Counterparty Clearing Houses in Chile, Colombia and Peru

Retrieved on: 
Tuesday, February 27, 2024
Risk management, CRCC, Fintech, Clearing house (finance), CCP, Partnership, Security (finance)

STOCKHOLM, Feb. 27, 2024 /PRNewswire/ -- nuam exchange, the entity resulting from the integration of the Lima, Santiago and Colombia stock exchanges, announced a partnership with Vermiculus Financial Technology, a technological solutions vendor for the financial industry, to implement a modern, flexible technological core for the Central Counterparty Clearing Houses (CCP) in Chile, Colombia and Peru.

Key Points: 
  • Construction of an integrated cloud-native clearing system for the three clearing houses have begun, while progress is being made in parallel to create the clearing house in Peru.
  • STOCKHOLM, Feb. 27, 2024 /PRNewswire/ -- nuam exchange, the entity resulting from the integration of the Lima, Santiago and Colombia stock exchanges, announced a partnership with Vermiculus Financial Technology, a technological solutions vendor for the financial industry, to implement a modern, flexible technological core for the Central Counterparty Clearing Houses (CCP) in Chile, Colombia and Peru.
  • "With Vermiculus as a partner in developing the nuam exchange post-trade systems, we are marking a new milestone for the unification of our markets.
  • With this new partnership together with nuam exchange, Vermiculus' products will be present in the four largest financial markets in Latin America.

nuam exchange and Vermiculus Financial Technology establish partnership to create technological core for Central Counterparty Clearing Houses in Chile, Colombia and Peru

Retrieved on: 
Tuesday, February 27, 2024
Risk management, CRCC, Fintech, Clearing house (finance), CCP, Partnership, Security (finance)

STOCKHOLM, Feb. 27, 2024 /PRNewswire/ -- nuam exchange, the entity resulting from the integration of the Lima, Santiago and Colombia stock exchanges, announced a partnership with Vermiculus Financial Technology, a technological solutions vendor for the financial industry, to implement a modern, flexible technological core for the Central Counterparty Clearing Houses (CCP) in Chile, Colombia and Peru.

Key Points: 
  • Construction of an integrated cloud-native clearing system for the three clearing houses have begun, while progress is being made in parallel to create the clearing house in Peru.
  • STOCKHOLM, Feb. 27, 2024 /PRNewswire/ -- nuam exchange, the entity resulting from the integration of the Lima, Santiago and Colombia stock exchanges, announced a partnership with Vermiculus Financial Technology, a technological solutions vendor for the financial industry, to implement a modern, flexible technological core for the Central Counterparty Clearing Houses (CCP) in Chile, Colombia and Peru.
  • "With Vermiculus as a partner in developing the nuam exchange post-trade systems, we are marking a new milestone for the unification of our markets.
  • With this new partnership together with nuam exchange, Vermiculus' products will be present in the four largest financial markets in Latin America.

MindBridge Marks 2023 with Significant Investment, New Executives, Strong Top-Line Results and over 100 Billion Financial Entries Scored

Retrieved on: 
Wednesday, January 10, 2024
SecurityScorecard, Madden, CFO, Clearing house (finance), Eastern United States, Sale, TRA, Acquisition, CMO, USD, Marketing, Servoy, Growth

With over 100 billion risk-scored financial entries, the company has demonstrated that AI-powered auditing has reached a tipping point.

Key Points: 
  • With over 100 billion risk-scored financial entries, the company has demonstrated that AI-powered auditing has reached a tipping point.
  • In addition, Mindbridge recorded record revenue results in 2023, including significant expansions in the customer base and Fortune 100 new customers.
  • MindBridge reached a significant performance milestone in 2023, with over 100 billion financial entries scored by MindBridge AIÔ, the company's powerful AI-driven financial risk discovery platform.
  • I'm delighted to join such a talented team and further our position as the leader in financial risk discovery," said Maziarz.

Cboe Clear Europe Plans to Introduce Clearing Service for Securities Financing Transactions

Retrieved on: 
Wednesday, June 14, 2023
CCP, Rural sociology, Chicago, ETF, Participation, BNY Mellon, SFT, Barclays, Risk management, ABN, SFTR, Clearing house (finance), Goldman Sachs, CSDR, De Nederlandsche Bank, Securities Financing Transactions Regulation, Cboe Global Markets, CBOE, J. P. Morgan, European Central Securities Depositories Association, Security (finance), European

AMSTERDAM and LONDON, June 14, 2023 /PRNewswire/ -- Cboe Global Markets Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced that Cboe Clear Europe, its Amsterdam-based clearing house, is planning to introduce a Central Counterparty (CCP) clearing service for securities financing transactions (SFT) in Q3 2024, subject to regulatory approvals.

Key Points: 
  • AMSTERDAM and LONDON, June 14, 2023 /PRNewswire/ -- Cboe Global Markets Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced that Cboe Clear Europe, its Amsterdam-based clearing house, is planning to introduce a Central Counterparty (CCP) clearing service for securities financing transactions (SFT) in Q3 2024, subject to regulatory approvals.
  • Vikesh Patel, President, Cboe Clear Europe, said: "We are delighted to bring a CCP clearing service to Europe's SFT market, helping market participants improve their capital and operational efficiencies in relation to these products.
  • As a leading pan-European equities clearing house, Cboe Clear Europe currently offers clearing services to 47 trading venues.
  • Cboe Clear Europe operates as an independent subsidiary of the Cboe group, retaining a separate governance structure and management team.

Cboe Clear Europe Plans to Introduce Clearing Service for Securities Financing Transactions

Retrieved on: 
Wednesday, June 14, 2023
CCP, Rural sociology, Chicago, ETF, Participation, BNY Mellon, SFT, Barclays, Risk management, ABN, SFTR, Clearing house (finance), Goldman Sachs, CSDR, De Nederlandsche Bank, Securities Financing Transactions Regulation, Cboe Global Markets, CBOE, J. P. Morgan, European Central Securities Depositories Association, Security (finance), European

AMSTERDAM and LONDON, June 14, 2023 /PRNewswire/ -- Cboe Global Markets Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced that Cboe Clear Europe, its Amsterdam-based clearing house, is planning to introduce a Central Counterparty (CCP) clearing service for securities financing transactions (SFT) in Q3 2024, subject to regulatory approvals.

Key Points: 
  • AMSTERDAM and LONDON, June 14, 2023 /PRNewswire/ -- Cboe Global Markets Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced that Cboe Clear Europe, its Amsterdam-based clearing house, is planning to introduce a Central Counterparty (CCP) clearing service for securities financing transactions (SFT) in Q3 2024, subject to regulatory approvals.
  • Vikesh Patel, President, Cboe Clear Europe, said: "We are delighted to bring a CCP clearing service to Europe's SFT market, helping market participants improve their capital and operational efficiencies in relation to these products.
  • As a leading pan-European equities clearing house, Cboe Clear Europe currently offers clearing services to 47 trading venues.
  • Cboe Clear Europe operates as an independent subsidiary of the Cboe group, retaining a separate governance structure and management team.

Pangea Comes Out of Stealth to Demo The First End-to-End AI Powered Solution to Hedge FX at FinovateSpring

Retrieved on: 
Thursday, March 23, 2023
Aeron, IPO, Risk, Meta, API, Intelligence, Amazon, P&L, Clearing house (finance), FX, SAN, Intuition, Cryptocurrency, Financial services, Pangaea

SAN FRANCISCO, March 23, 2023 /PRNewswire-PRWeb/ -- Unveiling Pangea Prime's Intuitive UX, World Class Automation and Cutting Edge Artificial Intelligence to Democratize Global FX Hedging Pangea Technologies combines artificial intelligence with world-class quantitative financial research methods to help companies save time, money and resources by managing their foreign currency risk. Pangea has been selected to do a live demo at FinovateSpring 2023, taking place May 23-25 in San Francisco.

Key Points: 
  • Pangea has been selected to do a live demo at FinovateSpring 2023 , taking place May 23-25 in San Francisco.
  • Pangea will demo Pangea Prime , the first end-to-end solution for companies of all sizes to hedge FX risk all in a few clicks.
  • "We are excited to demo Pangea Prime at FinovateSpring and showcase how companies can simply and predictably protect themselves from FX volatility," said CEO Aeron Sullivan.
  • Pangea uses a technology and API-first approach to create a scalable solution to FX Risk purpose built for the modern treasury."

1 Day Regulatory Reporting for EMIR, MIFIR and SFTR Course (October 6th, 2022)

Retrieved on: 
Friday, September 30, 2022
CSSF, TRS, FCA, Compliance, CCPS, City, MAR, ESMA, Wild Arms, SFTR, EMEA, Directive 2014/65/EU, Clearing house (finance), EMIR, APAC, Brexit, Risk, Cryptocurrency, Financial services, Risk management, Security (finance), EU

DUBLIN, Sept. 30, 2022 /PRNewswire/ -- Final days to register for the "Regulatory Reporting for EMIR, MIFIR and SFTR" training course that has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Sept. 30, 2022 /PRNewswire/ -- Final days to register for the "Regulatory Reporting for EMIR, MIFIR and SFTR" training course that has been added to ResearchAndMarkets.com's offering.
  • This practical 1 day course conducted by a senior City expert covers regulatory reporting requirements for the three main regulations: EMIR, MiFIR and SFTR.
  • This training session covers the key challenges encountered by banks, broker dealers, asset managers and hedge funds, key lessons learnt in implementing trade and transaction reporting, and successful remediation of any issues.
  • This workshop covers all aspects of regulatory reporting, from organisational scope, to data validation, data sourcing, counterparty and entity identification, and asset class/instrument identification - and resulting impact to Front, Middle and Back Office processes.

1 Day Regulatory Reporting for EMIR, MIFIR and SFTR Course (October 6th, 2022) - ResearchAndMarkets.com

Retrieved on: 
Friday, July 29, 2022
Training, Education, SFTR, CSSF, Brexit, EMIR, Wild Arms, FCA, Compliance, Risk, City, ESMA, MAR, APAC, EMEA, Directive 2014/65/EU, TRS, CCPS, Clearing house (finance), Cryptocurrency, Financial services, Risk management, Security (finance), EU

The "Regulatory Reporting for EMIR, MIFIR and SFTR" training has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Regulatory Reporting for EMIR, MIFIR and SFTR" training has been added to ResearchAndMarkets.com's offering.
  • This practical 1 day course conducted by a senior City expert covers regulatory reporting requirements for the three main regulations: EMIR, MiFIR and SFTR.
  • This training session covers the key challenges encountered by banks, broker dealers, asset managers and hedge funds, key lessons learnt in implementing trade and transaction reporting, and successful remediation of any issues.
  • This workshop covers all aspects of regulatory reporting, from organisational scope, to data validation, data sourcing, counterparty and entity identification, and asset class/instrument identification - and resulting impact to Front, Middle and Back Office processes.

Custody Service Global Market Report 2022: A $53.27 Billion Industry in 2026 - Forecast to 2031 - ResearchAndMarkets.com

Retrieved on: 
Monday, June 27, 2022
Banking, Professional Services, Efficiency, JPMorgan Chase, CCP, State Street Corporation, Bank, BNY Mellon, Trust, State Street Bank and Trust Company, Northern Trust, HSBC, Growth, Industry, Demat account, Citigroup, BNP Paribas, Automation, CSD, Technology, Brown Brothers Harriman & Co., Income, Clearing house (finance)

The custody services market consists of revenue generated by services provided by a custodian to investors.

Key Points: 
  • The custody services market consists of revenue generated by services provided by a custodian to investors.
  • The main services of custody services are core custody services, ancillary services, core depository services, and other administrative services.
  • The market for custody services is highly competitive with numerous banks that provide custody services in addition to other banking services, on a global, regional, or local scale.
  • Therefore, increasing competition from various areas is expected to hinder the growth of the custody services market.