SWIFT

Positioning repositories

Regulators on both sides of the Atlantic agree on the need for trade repositories to aid the monitoring of systemic risk. But there is a difference of opinion on where these repositories should be based, leading to the possibility that multiple trade…

Banks Tackle Op Risk

Banks misplacing millions of pounds and dollars may sound absurd, but operational risk makes it more commonplace than you might think.

Actions speak louder

Financial consultancy firm CityIQ, commissioned by Swift and SmartStream, canvassed over 240 firms about their activities in the corporate actions arena. The May 2003 survey showed widespread automation potential.

G30 - Moving in the right direction

The latest G30 report on global clearing and settlement offers more than a few worthwhile suggestions. But Kristina West says there is still much to be done before the industry will wholly embrace the recommendations.

OpenLink introduces Swift messaging capability

OpenLink, a New York-based trading and risk management software company, has released its Open Settlement Solution - an integrated Society for Worldwide Interbank Financial Telecommunication (Swift) messaging capability for its Findur system. Evaluating…

Switching on CLS

As the continuous linked settlement initiative prepares for a delayed launch later this year, firms that have been involved since the beginning outline how they hope to recoup and build on their investments.

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