Post Trade Processing

Articles

Global Loan Revolvers - Prodktr
15 Apr 2021 — John Read

Think of a revolver as a credit facility. When a fund ‘goes long’ on a revolver it is selling the ‘right to borrow’ to a counterparty. This paper outlines the concept within the framework of traditional bonds and how you would treat the facility and ensuing term loan using standard accounting functionality for bonds.

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3 MINS
17 Mar 2021 — Deputy Editor

The Depository Trust & Clearing Corporation (DTCC), has outlined a three-prong plan to further harmonize derivatives trade reporting requirements and deliver against objectives that were originally established by the Group of 20 (G20) at its historic 2009 summit in Pittsburgh.

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2 MINS
Cash breaks
10 Mar 2021 — John Read

Every firm should reconcile expected versus actual cashflows. Cash breaks in this reconciliation show many underlying complex causes.

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3 MINS
15 Jan 2021 — Virginie O'Shea

Why there’s a similarity between adopting a new physical exercise regime and digitally transforming a business...

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3 MINS
13 Jan 2021 — Bill Hodgson

CME Group (NASDAQ: CME), the world's leading and most diverse derivatives marketplace, and IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, announced that they have agreed to combine their post-trade services into a new joint venture.

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2 MINS
08 Jan 2021 — Bill Hodgson

PIMCO, Man Group, IHS Markit, State Street, Microsoft and McKinsey & Company today announced the intention to form a new technology-led company, HUB, to build a cloud-based operating platform aimed at transforming asset managers’ operations technology.

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3 MINS
DTCC Post-Trade Processing
07 Oct 2020 — Bill Hodgson

The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today announced the launch of DTCC Consulting Services, a new advisory service to provide market participants around the world with unparalleled access to the firm’s expertise and experience in post-trade processing.

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2 MINS
17 Jul 2020 — Bill Hodgson

Virginie O'Shea has written a post covering the idea of industry utility platforms and why they haven't seen more take up.  Given the amount of cost in the post-trade space for processing transactions it would seem an idea ripe for investment.

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2 MINS
16 Jul 2020 — Bill Hodgson

For firms reporting via DTCC an added value connection has been added between the GTR and the triResolve reconciliation service. The connection enables firms to see a comparison between their data reported to GTR and the same transactions reconciled via triResolve.

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2 MINS
Nivo
02 May 2019 — Bill Hodgson

Nivo, the Manchester-based instant messaging and identity verification platform, has announced the close of a £2m funding round from GP Bullhound, the Angel CoFund and a syndicate of angel investors

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5 MINS
15 Nov 2018 — Bill Hodgson

A small step towards centralised processing of OTC products

22 May 2018 — Bill Hodgson

IHS Markit puts MarkitServ up for sale, the centre of CDS and IRS confirmation for almost the entire OTC market.