AccessFintech goes live with settlement netting for global fixed income markets
JP Morgan and Citi support the rollout of a netting solution for the €15 trillion EMEA repo market.
Tag: AccessFinTech
AccessFintech and BNY Mellon collaborate to tackle expected FX workflow challenges linked to T+1
The two firms aim to provide clarity on the ‘predicted to settle’ status of securities trades, helping enable the necessary liquidity for international clients trading US securities.
People Moves Monday: Weekly roundup
The past week saw appointments from AccessFintech and Adroit Trading Technologies, alongside a departure from Federated Hermes.
Goldman Sachs managing director of 18 years joins AccessFintech to head up buy-side sales and relationships
Incoming individual will lead buy-side strategy; joins following 18 years at Goldman Sachs and five years at JP Morgan.
AccessFintech secures $60 million in Series C with investments from BNY Mellon, JP Morgan and Citi
Latest funding round brings the total capital raised by the fintech to $97 million since 2018.
Citi and JP Morgan report 30% reduction in trade fails after AccessFintech collaboration
Initiatives focused on securities settlements between the two dealers, with specific emphasis on European markets as a prelude to the recently implemented CSDR regulation.
Trade settlement fail penalties are high following CSDR rollout, so should the buy-side be receiving more credits?
Banks are being hit with up to €5 million in CSDR penalties per month as settlement rates deteriorate, says expert, who points out that credits should be trickling down to the buy-side.
Former JP Morgan executive joins AccessFintech as head of derivatives product line
Incoming head brings over 30 years’ experience in investment banking to AccessFintech, having spent almost two decades at JP Morgan.
Broadridge and AccessFintech partner to transform resolution of settlement fails
FinTech firms Broadridge and AccessFintech align to resolve multi-party settlement fails through new solution.
Deutsche Bank joins $20 million funding round for AccessFintech
Previous investors JP Morgan, Citi and Goldman Sachs also contributed to the round, taking the total raised by AccessFintech to $37 million since 2018.