European Central Counterparty (EuroCCP) has received approval as a UK Recognised Clearing House (RCH) by the Financial Services Authority (FSA). EuroCCP was selected to clear and settle for Turquoise, a new pan-European multilateral trading facility (MTF) created by a consortium of nine major global investment banks that will trade the most liquid equities in Europe. EuroCCP will use Citi’s Global Transaction Services as its settlement agent. The company has also reaffirmed its commitment to sign the voluntary European Code of Conduct for clearing and settlement, allowing for interoperability of its services with other clearing and settlement houses and European trading platforms. The FSA approval of EuroCCP followed an in-depth review of all aspects of its business arrangements as a critical market infrastructure.
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