It’s that time of year when FTF News pauses to review the top securities operations trends of great interest to our readership in the year that was 2015. It’s been a year in which major banks and other financial institutions were slammed with penalties by the regulators. Mergers and acquisitions were rampant among big industry… Read More >>
Wall Street Heavyweights Back Open Source Project for Blockchain
Blockchain technology, with distributed-ledger potential that has excited much of the financial services world, has gotten a big boost from the Linux Foundation, the San Francisco-based open source nonprofit founded in 2000, which reports the launch of a broadly based open source initiative. “The project will develop an enterprise grade, open source distributed ledger framework… Read More >>
Taking Stock of the Year in Ops
As 2015 winds down, FTF News will be taking a look back over a year that had many surprises – maybe more than the predicted trends. We will be having a daily news flow this week, including news for Christmas Eve. We will be taking off on Christmas and New Year’s Day, but will have… Read More >>
Blockchain Startup Digital Asset Hires Conde and Church
Blockchain technology startup Digital Asset Holdings has hired industry veterans Cristóbal Conde, the former head of SunGard, and Chris Church, a North American executive for the SWIFT cooperative, underscoring the disruptive distributed ledger technology’s ability to bring together old and new school technologies and practices. The Blockchain ledger underpins the Bitcoin cryptocurrency by keeping track… Read More >>
Blockchain Hits Its Stride and Barriers
The Blockchain technology behind the Bitcoin cryptocurrency has been gaining a lot of ground lately but a new white-paper warns that “widespread adoption is still years away” because of technological, psychological and cultural barriers. Blockchain technology has been used to create a public ledger to keep track of all Bitcoin transactions “that have ever been… Read More >>
How Real is Blockchain for You and Your Firm?
(Editor’s note: Almost like a secondary player upstaging the star, the Blockchain technology underpinning the crypto-currency Bitcoin has taken on a life of its own even if people in financial services have no clue about what it is. Simply put, the Blockchain is a public ledger that has been used to keep track of Bitcoin… Read More >>
CFTC Mulls Fixes for the Op Risks of Innovation
The CFTC is keeping an eye on the operational and technology risks that may hinder IT advances in key commodity, futures and derivatives markets, and will be responding, says Timothy Massad, CFTC chairman, in a keynote address this week before the annual meeting of the World Federation of Exchanges in Doha, Qatar. In particular, Massad… Read More >>
FIX Standards Body to Explore Blockchain, Digital Currency
The FIX Trading Community, the standards body for the Financial Information eXchange electronic trading protocol, is embracing digital currencies and Blockchain technology initiatives with the formation of a new working group whose mission is to identify, analyze and define use cases and integration points for digital currency and distributed ledger technologies. The working group has… Read More >>
FIS CEO: Get Ready for ‘Massive Disruption’
(Editor’s note: This is the second part (click here for part I) of a FTF News Q&A with Gary Norcross, president and CEO of banking and payments technology provider Fidelity National Information Services (FIS), which is acquiring financial products and services giant SunGard for $9.1 billion. In this installment, Norcross addresses the importance of disruptive… Read More >>
CEO: ‘[SETL Platform] Will Be 100 Times Faster’
![CEO: ‘[SETL Platform] Will Be 100 Times Faster’](https://www.ftfnews.com/wp-content/uploads/2015/08/Anthony-Square-SETL-1-150x150.jpg)
Officials at the Blockchain startup SETL are developing a platform that they say will allow securities trading firms to settle transactions in an instant, automated and decentralized fashion. FTF News, which previously profiled the startup, sat down with Anthony Culligan, the CEO for SETL to get an update. Culligan’s career includes directorships with Robert Fleming… Read More >>
