The Republic of Estonia’s year-old e-residency platform will be “facilitating a blockchain-based e-voting service to allow shareholders of companies listed on Nasdaq’s Tallinn Stock Exchange, Estonia’s only regulated securities market, to vote in shareholder meetings,” Nasdaq reports. Blockchain technology supports distributed ledger databases and traces its history to the emergence of the cryptocurrency Bitcoin. Estonia’s… Read More >>
SS&C Matching Service to Tackle U.S. Market Next Year
With a nod from the SEC, SS&C Technologies will be able to target its cloud-based, post-trade matching service SSCNet at the “significant unmet trade matching service levels in the U.S.,” say vendor officials. After being able to offer it to Canadian markets, SSCNet should be available to U.S. clients, starting sometime next year, says Bob… Read More >>
EC Takes On Cross-Border Barriers to Clearing & Settlement
Europe will convene a group of post-trade experts to review post-trade issues but what problems is the group likely to find and how will it build on previous attempts to eliminate cross-border clearing and settlement barriers? The European Commission is establishing the European Post-Trade Forum (EPTF) to assist in assessing the barriers to cross-border clearing… Read More >>
LCH.Clearnet Promotes for Head of CDSClear
Clearinghouse LCH.Clearnet has promoted Frank Sousan to global head of CDSClear, effective July 1, 2015, officials say. Sousan is currently head of In-Business Risk at CDSClear, and will be inheriting his new position from Gavin Wells, who will now “focus exclusively on ForexClear,” according to a company statement. Sousan will be based in Paris and… Read More >>
Toward a More Nimble SWIFT
Editor’s Note: This is the second installment of a two-part profile of Chris Church, SWIFT’s CEO for the Americas. Like all interesting journeys, SWIFT’s push to be “a more agile, nimble organization,” began with a jolt, says Chris Church, chief executive, Americas, and global head of securities for SWIFT. A halt in growth two years… Read More >>
