An agreement has been reached allowing Swapstream, the trading platform for swap and OTC (over-the-counter) derivatives, to interface with SwapsWire, the integrated electronic processing network for derivatives. Deals executed on Swapstream by banks and brokers will be fed to the SwapsWire network for trade capture and confirmation. The agreement means that banks that use the Swapstream execution platform will be able to take advantage of SwapsWire for straight-through trade processing. The inter-dealer broker community will also be able to use the Swapstream trading platform as an efficient means to access the SwapsWire processing network to confirm brokered swap transactions between members. The Swapstream marketplace is expected to go live in Q2 2003 and will be the first neutral trading platform for the swap and OTC derivatives trading and broking community. The platform will provide for electronic price discovery, price dissemination, order and trade management and negotiation for the interest rate derivatives markets.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more