MSCI Offers Integrated Access to Its Wares MSCI, a provider of indexes and other decision support services, has launched an open architecture technology platform, dubbed MSCI ONE, that uses the Microsoft Azure cloud platform to create integrated access to “MSCI’s portfolio of products and solutions,” officials say. MSCI ONE includes “capabilities in quantitative investment… Read More >>
SWIFT & GLEIF Build MIC-to-LEI Bridge & Other News
GLEIF Launches Open Source MIC-to-LEI Mapping SWIFT, the global financial messaging services and systems cooperative, and the Global Legal Entity Identifier Foundation (GLEIF) are cooperating to offer financial services firms a new, free way to gather, aggregate, and reconcile counterparty information via a new interoperability across parallel identity platforms, officials say. GLEIF reports that it… Read More >>
SIBOS Explores a Shared Digital Future
The multiple impacts of digital assets and the digitization of traditional assets got plenty of attention at the first in-person version of the Sibos conference since 2019 that got underway earlier this week in Amsterdam. Put on by the SWIFT cooperative, Sibos 2022 was expecting “nearly 10,000 participants,” according to officials. The conference sessions, which… Read More >>
Can SWIFT Make Post-Trade Ops More Transparent?
SWIFT is strongly urging that the industry adopt Unique Transaction Identifiers (UTIs) as a way to bring more transparency to post-trade processing. The new UTI support would come via the SWIFT Securities View capability, which has had a successful pilot test, dubbed the “SWIFT Securities Tracking Pilot,” according to officials of the financial messaging, systems,… Read More >>
Corporate Actions Meets DLT via SWIFT & Other News
American Century, Citi & Vanguard Join SWIFT Project SWIFT, the global financial messaging, systems, and services cooperative, reports that it is “collaborating with seven securities players — including asset managers and custodians American Century Investments, Citi, Vanguard and Northern Trust — to drive efficiencies in communicating significant corporate events.” The corporate actions project is based… Read More >>
SWIFT & Capgemini Explore ‘Disruptive’ CBDCs: Q&A
(Unregulated cryptocurrency markets are crashing and financial market participants are looking toward regulation and particularly the establishment of central bank digital currencies (CBDCs). Digital currencies controlled by central banks hold the promise of new protections for crypto-, tokenized, and other digital assets, Last month, officials at the SWIFT financial services messaging and systems cooperative and… Read More >>
Ex-SWIFT CEO Campos Joins PPRO & Other News
PPRO Appoints Campos as Independent Chairman Former SWIFT CEO Lázaro Campos was appointed the first independent board chairman for PPRO on April 25, according to the provider of digital payments infrastructure technology. SWIFT provides global financial messaging software, services, and systems. Campos was appointed to the board “to strengthen … governance in the next phase… Read More >>
SEC Hires 20 Crypto Cops & Other News
SEC Adds to Crypto Assets and Cyber Unit The Securities and Exchange Commission (SEC) reports adding 20 positions to its crypto assets and cyber unit, which is tasked with “protecting investors in crypto markets and from cyber-related threats.” The unit, in the SEC’s enforcement division, will grow to 50 dedicated positions, officials say. The unit,… Read More >>
Q&A: How Secure Are Open Source Systems?
(Late last year, security concerns about open source software grabbed headlines when the vulnerabilities about a Java library for logging error messages, known as “Log4j,” emerged and many software and systems vendors issued warnings and fixes. This library function was developed by the open source advocacy group, the Apache Software Foundation. There was great concern… Read More >>
SWIFT Enlists SETL for Digital Asset Ops Pilot
The SWIFT financial messaging and services cooperative is exploring how it might facilitate interoperability among the distributed ledgers used to underpin the tokenized asset market, and London-based blockchain upstart vendor SETL has joined the effort. “SWIFT plans a series of experiments in Q1 2022 leveraging its trusted role as a central platform to explore the… Read More >>