The ECMS is the 3rd project of the program Vision 2020 launched by the Eurosystem after TIPS in 2018 and T2 in 2023. The goal of Vision 2020 was to create a harmonized, efficient, and resilient ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This date has been set by the ECB’s Governing Council in order to provide ...

CHENNAI, India & LONDON--(BUSINESS WIRE)--Polaris Financial Technology Ltd, a leader in the global Financial Services industry, today announced that Sweden’s central bank, Sveriges Riksbank, the ...

The Depository Trust & Clearing Corp. typically is at the center of every major industry change towards operational efficiency in U.S. securities markets, particularly the clearing and settlement of ...

The Eurosystem collateral management system is expected to officially launch on 16 June 2025. The new Eurosystem Collateral Management System (ECMS) will launch on a date set by the ECB’s Governing ...

New York, NY, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Matrix Applications, LLC ("Matrix") has successfully completed the 2025 System and Organization Control (SOC) 1 and SOC 2 Type 2 audits for its ...

Photo, from left to right: Ted Leveroni of DTCC, Brian Collings of Torstone, Fabrice Tomenko of Clearstream, Clement Phelipeau of SGSS and Joern Tobias of State Street. DTCC, Torstone, Clearstram, ...

The reduction of settlement times from T+2 to T+1 for many US securities is likely to impact firms’ collateral management processes when it comes into force at the end of May 2024. Jason Ang, head of ...

The Governing Council of the European Central Bank has reportedly decided to reschedule the launch of the Eurosystem Collateral Management System (ECMS) from 20 November 2023 to 8 April 2024. This ...

The Bank of Ningbo, a Chinese city-based commercial bank headquartered in Ningbo, Zhejiang, has gone live on the Calypso Collateral Management solution. The solution by Calypso Technology, a provider ...

NEW YORK, Nov. 8, 2022 /PRNewswire/ -- Matrix Applications, LLC ("Matrix") has successfully completed a System and Organization Control (SOC) 2 Type II audit. The audit was performed by Schellman & ...