Derivatives exchange Eurex has unveiled its proposal for establishing a central clearing system for the over-the-counter (OTC) credit markets which it says has “received support from European authorities”. Eurex will look to for joint venture partners to work with it to establish the central clearing platform. The Swiss German exchange says it will build a “consortium structure” that would provide for “shared governance and control”. Eurex says its two-stage platform will initially support single name and index-based CDS products. ISDA documented OTC derivatives will be added to the system in the first half of 2009, during the second phase of deployment. The clearing platform will be directly linked into the existing data warehouse 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