Straight-Through Processing stories
Banks and brokers in Sweden face a phased overhaul as Euroclear moves to a shared Nordic securities platform with TCS software.
Europe's shift to T+1 is prompting custodians to automate settlement instructions, cutting manual errors that can trigger costly trade failures.
Asset managers face tighter settlement deadlines as the expanded service aims to cut manual work and reduce failed trades across Europe and APAC.
Finance teams wary of audit risk will get a New York hub and a control layer to validate AI outputs and track every action.
Western Australian mines have cut HR processing time by 80% after a new SAP-linked system let workers self-serve compliance records.
Oracle named IDC MarketScape leader for AI-enabled embedded trade finance apps, bolstering its position in bank trade digitisation.
Finastra launches OperatorAssist AI to cut banks' payment investigation work, promising 20-30% faster exception handling and reduced costs.
Affinda launches an AI platform that automates any document workflow with 99% accuracy, supporting 56 languages and 400+ enterprise systems for fast setup.
TCS partners with the Council of Europe Development Bank to automate reconciliation using AI, enhancing efficiency and transparency in European operations.
The majority of corporations and financial institutions are frustrated with their payment failure rate, according to a new report.
The new workflow gives Australian bond investors a more standardised way to hedge futures exposure while cutting execution risk and manual handling.
The upgrade puts Australia’s post-trade market on a new footing, with release 1 of CHESS now handling cash clearing and settlement in production.
Australia’s market infrastructure overhaul takes a step forward as the new clearing platform goes live, with Release 2 now on the horizon.
Manual securities lending steps at Matsui will be automated as Japan’s settlement system prepares for JASDEC2025 changes.
Aliya debuts aliyaOS, a continuous lending risk engine honed on USD $30bn of loans at a major US bank, now targeting smaller lenders.
Aviva extends its tech pact with TCS, shifting another 1.1m UK life policies onto the BaNCS platform to streamline service and costs.
Appian launches Connected Claims 2.0, an AI-driven platform to revolutionise insurance claims with faster processing, fraud detection, and improved customer experience.