All latest asset servicing news

National Australia Bank enhances post-trade lifecycle via DTCC’s ALERT

21 October 2021 US
Reporter: Maddie Saghir

“With ALERT, we are able to bring greater efficiency, risk mitigation, and accuracy to the post-trade settlement process for our client base,” says Wayne Francis

Paul Rennison joins deltaconX

21 October 2021 UK
Reporter: Carmella Haswell

deltaconX AG has hired Paul Rennison as director of product management at its London office

Kane Solutions gains fund administration license in Mauritius

20 October 2021 Mauritius
Reporter: Maddie Saghir

The Mauritius office forms part of Kane Solutions’ global network, which includes fund administration and trust business operations in Bermuda, fund administration services in Dubai, and insurance management and fund administration services in Malta

AFME: T+2 is quicker than it used to be, but is it enough?

20 October 2021 UK
Reporter: Maddie Saghir

The settlement date for stocks used to be T+5, before moving to T+3, and now most markets operate on a T+2 settlement cycle, but panellists at the AFME conference discussed whether or not the T+2 cycle is enough

Euroclear supports use of CBDC for settlements

20 October 2021 Belgium
Reporter: Jenna Lomax

Isabelle Delorme (pictured), deputy CEO of ESES CSDs Euroclear France, Euroclear Belgium and Euroclear Nederland comments: “We are extremely pleased to have worked on this pioneering project with our industry partners and the Banque de France"

BoE launches CCP supervisory stress test

20 October 2021 UK
Reporter: Bob Currie

UK central bank will model credit and liquidity resilience of UK-registered CCPs under stress conditions, alongside impact on wider financial system

SBI Securities centralises settlement operations with Broadridge

20 October 2021 Japan
Reporter: Rebecca Delaney

SBI Securities has extended its partnership with Broadridge Financial Solutions by migrating the post-trade operations of its Hong Kong and Singapore businesses to Broadridge’s cloud-based ASP service in Asia