The Australian Securities Exchange (ASX) has selected Tata Consultancy Services (TCS) to provide a clearing and settlement platform for the Australian market based upon TCS BaNCS for Market Infrastructure that will replace ASX’s incumbent CHESS system. The TCS BaNCS for Market Infrastructure has been designed for central securities depositories (CSDs), central counterparty clearinghouses (CCPs), exchanges,… Read More >>
Blockchain Takes Center Stage at SIBOS
Blockchain/distributed ledger technology (DLT) is taking the spotlight at the SIBOS conference in Toronto this week, put on by the financial messaging services and systems cooperative SWIFT. SWIFT itself has a preliminary report on its DLT efforts while vendors R3 and Calypso Technology announced a DLT pilot for BBVA and BBVA Bancomer, and BNP Paribas… Read More >>
SIFMA Tech Show in Limbo?
Sometimes interesting things fall into your lap and that’s the case with a bit of news about the future of the SIFMA Tech conference. It appears the future of the venerable technology management show of the Securities Industry and Financial Markets Association is in a state of flux. I reached out to SIFMA’s public relations… Read More >>