Skandinaviska Enskilda Banken (SEB) is deploying an international post-trade processing solution from Broadridge Financial Solutions in an effort to streamline its securities business across international and domestic markets, officials say. Based in Stockholm, Sweden, SEB is “a long-time user of Broadridge’s front and middle office solutions for order management, trade execution and allocation,” according to… Read More >>
SEB to Use DTCC Repository for SFTR Compliance
SEB Extends DTCC Agreement via Global Trade Repository Swedish financial group Skandinaviska Enskilda Banken (SEB) has decided to use the Global Trade Repository (GTR) services of the DTCC to meet regulatory obligations under the Securities Financing Transactions Regulation (SFTR) that are likely to take effect in April 2020. The decision is an extension of SEB’s… Read More >>
SEB & Nasdaq to Create Mutual Fund Blockchain
Swedish financial services group SEB, which has total assets of SEK 2,777 billion ($341 billion), and the Nasdaq Stock Market are joining forces to develop a prototype for a mutual fund trading platform based on the vendor Chain Inc.’s blockchain ledger. The aim is to modernize and increase efficiency in the processing of purchases and… Read More >>
