Deutsche Börse’s Post

The Depository Trust & Clearing Corporation (DTCC) comments on the industry’s T 1 progress #usfintech #australianfintech #fintech #fintechnews #finance #financialtechnology #technology #tech #technews #trading #settlements

Goldman Sachs achieves 99% same day affirmation rate and improved settlement rates leveraging The Depository Trust & Clearing Corporation (DTCC)’s CTM Match to Instruct workflow #fintech #fintechnews #finance #technology #financialtechnology #australianfintech #trading #settlements

Goldman Sachs achieves 99% same day affirmation rate and improved settlement rates leveraging The Depository Trust & Clearing Corporation (DTCC)’s CTM Match to Instruct workflow #usfintech #fintech #fintechnews #finance #technology #financialtechnology #settlements

How we boost our clients' operational efficiency 🚀 📣 “We’re now re-entering into the space of servicing large financial intermediaries that went through severe consolidation post-Mifid. They now need to rely on larger service providers that have critical mass, very efficient processes and access to multiple markets, in addition to a strong balance sheet.” says Gildas Le Treut to The TRADE News & Global Custodian about our #clearing, settlement and #custody services. Read the full piece here 👉 https://lnkd.in/eTYKjybK

Combine clearing and custody !

In the constantly shifting regulatory landscape, firms must constantly adapt to remain compliant and maintain a competitive edge. EMIR Refit in Europe and T 1 in North America are two of the biggest headlines of 2024, with the former going live on 29 April and the latter set for 27 May in Canada and 28 May in the US. But how is the industry coping with the preparation – and the implementation?  #Trading #Markets #CapitalMarkets #EMIRRefit #T1 #Settlement #Derivatives #Regulation #GlobalTrading The Depository Trust & Clearing Corporation (DTCC) Syed Ali Broadridge Capital Markets and Banking David Smith State Street Jeffrey Sardinha https://lnkd.in/gz7FTGAp

Building the Digital Asset Securities Ecosystem by Euroclear The Depository Trust & Clearing Corporation (DTCC) Clearstream Deutsche Börse in colaboration Boston Consulting Group (BCG) DIGITAL ASSET SECURITIES CONTROL PRINCIPLES: A FRAMEWORK FOR ADOPTION Key Takeaways 🔔 Comprehensive Framework Development: Undertook the collaborative development of the Digital Asset Securities Control Principles (#DASCP), providing a robust framework to support the evolving digital asset ecosystem. This initiative underscores the commitment of The Depository Trust & Clearing Corporation (DTCC), Clearstream, and Euroclear to shaping the future of finance through #innovative technologies. 🔔 Foundational Principles for Industry Standardization: Establishes critical principles for the successful adoption of #DAS, with the #DASCP noted for its asset class and technology agnosticism, making them universally applicable. This neutrality is crucial for facilitating a balanced and inclusive dialogue around #standards. By serving as a foundational document, the #DASCP aims to spark industry-wide discussions that will help shape robust, comprehensive standards for the digital asset marketplace. 🔔 Identifying Risks and Establishing Controls: Presents a detailed analysis of the potential risks associated with the adoption of #DAS and offers a comprehensive set of controls to mitigate these risks. This proactive risk management is intended to safeguard the integrity and stability of the #DAS market. 🔔 Encouraging Active Industry Participation: Invites all stakeholders to actively participate in the evolution of the #DASCP, contributing to a collective effort that shapes the future of #digital finance. 🔔 Future-Proofing Financial Markets: Serves as a blueprint for a common and resilient #digital asset securities ecosystem, illustrating how the adoption of these principles can help future-proof financial markets against technological disruptions and #regulatory changes. 🔔 Transition to Industry-Wide Engagement: Highlights the pivotal next step of transitioning the stewardship of the #DASCP to an industry association. This move is aimed at fostering broader engagement and ensuring the framework’s relevance and dynamism in response to an evolving market and #technology landscape. More information: https://lnkd.in/dBjXNZNv Anna Irrera Anton Golub Jorge Schnura Becerro Marcos Carrera Shefali Sharma Harvey L. Carlos Alberto Durigan Jonathon Chambless Nadine Wilke Krzysztof Gogol Cesar Serrano Roy Villanueva, CFA, CAd

Navigating the complexities of today’s financial landscape is no easy feat. Marcel Suhner, Market Head Intermediaries German- & Italian-speaking Switzerland at Julius Baer, explains why the bank is a committed partner of choice for financial intermediaries looking to strengthen their competitive edge, deliver exceptional value to their clients, and ultimately achieve business growth. ➡️ Read more: https://ow.ly/UVPq30sCCSZ

Welcome back to our #SettlementDaySeries! Today, we’re exploring another article about the essential preparations for the shortened settlement cycle.     We’re sharing an article published by the Global Investor Group entitled, “Securities Finance Americas Guide 2023: Settling down.” It covers various topics, including the advantages of transitioning to a T 1 settlement cycle, the unique aspects of the T 1 transition, and ongoing industry debates regarding optimal practices. Here’s a key takeaway from Tom Veneziano, North American Head of Product at Pirum.     “’The industry is going to see a more marked difference between the acceleration of the settlement cycle from T 2 to T 1 than there was when we went from T 3 to T 2,” he suggests. “Although they feel it is a good thing to accelerate the settlement cycle and eventually (potentially) get to T 0 from an efficiency perspective, there is a little bit of fear because of where the compression is going to impact different services and processes. We have to acknowledge that it not going to be as seamless or as easy as it was in the previous settlement cycle.’”    If you’ve been following our #SettlementDaySeries, you know that the transition will not be easy. We have highlighted countless industry experts, and they all have the same advice: to address the challenges of a shortened settlement cycle, you need the right tools.     At CRC, our products are made to streamline and automate trade processing while building structure that allows you to easily manage exceptions. Several firms are onboarding and leveraging TradePort now to prepare for the T 1 demands coming soon – let us do the same for you.  Read more about our products here: https://lnkd.in/eFbW8DjS Read more of the Global Investor Group’s article here: https://lnkd.in/eEZrTzpn    #SEC #TPlusOne #FinancialInsights #automation #businessdevelopment #financetechnology #fintech #crc #technologysolutions  #settlementdate #financenews #t 1 #t 2 

Congratulations to Brock Arnason and Team Droit on this monumental leap in Regulatory Compliance, facilitated by the collaboration of five global financial powerhouses - Goldman Sachs, Barclays, BNP Paribas, HSBC, and one other notable bank, with the promise of more to follow. This groundbreaking consortium, Endoxa, is set to revolutionize the financial industry. The newly established Position Reporting Utility, supported by Droit's cutting-edge technology, is a game-changer for regulatory interpretations. With machine-readable logic, it promises to simplify complex, time-consuming processes and reduce duplicative efforts across the industry. It's a significant stride toward achieving unified standards and transparent, consistent compliance across the board. Pivot Investment Partners is honored to have been an anchor investor in Droit, standing alongside Goldman Sachs, Wells Fargo, and UBS. We're thrilled to witness this innovative approach that not only benefits the financial institutions involved but also offers increased confidence to regulators and legislators. It's a major step forward for our industry. #RegulatoryCompliance #FinancialInstitutions #Innovation #IndustryLeadership #RegulatoryInterpretation