Four Tri-Party Agents Endorse New Connection TriOptima reports that its triResolve Margin offering now provides integration via the SWIFT financial services messaging and systems cooperative to four tri-party agents: BNY Mellon, Clearstream, Euroclear, and JPMorgan. “TriOptima’s clients will have direct connectivity to tri-parties via SWIFT for sending instructions as well as receiving status messages and… Read More >>
State Street Fraud Case Resolved via Fine & DPA
State Street will be paying a criminal penalty of $115 million and entering into a deferred prosecution agreement (DPA) in a resolution of a federal case involving charges of fraud against custody customers, according to the U.S. Justice Department and the firm. The settlement with the Justice Department is an acknowledgment from State Street that… Read More >>
NYFIX Matching Now Supports SWIFT Messaging
Itiviti & ECS Partner to Bolster NYFIX Matching Itiviti, a technology and service provider to financial institutions, reports the advent of a partnership with ECS Fin, a provider of financial messaging services and transaction-processing solutions, that will add trade settlement to NYFIX Matching. The partnership, Itiviti says, will enable NYFIX Matching to process trade messages… Read More >>
Volante Hires Senior Execs, Opens Offices
Volante Technologies Inc., a provider of financial data messaging integration, validation and processing tools, reports the appointments of Nadish Lad as head of payments product and Peter McKenna as global marketing director, as well as the addition of new development and testing staff and the opening of new offices, in Jersey City, N.J., and Hyderabad,… Read More >>
Sibos 2013 Wrap
SWIFT customers will get “major structural price reductions for 2014” for FIN store-and-forward messages, say top officials at the financial messaging cooperative, which is hosting its Sibos 2013 conference in Dubai this week. Officials add that the 20% price cuts are intended to spur message traffic growth and €52 million in savings for customers.The new… Read More >>
