POSTTRADE 360°

On stage at the official opening for the PostTrade 360° Nordic 2024 conference, there was not a crystal ball in sight, only a panel of post trade experts. Nevertheless, the session had an ambitious undertaking: to predict the forces that will shape post trade through 2025 and beyond. The hour-long discussion identified regulation and technology as the two main drivers of change – which might not always be in the direction of progress. With Phil Brown (Clearstream Banking SA), Philippe Laurensy (Euroclear), Thierry Chilosi (Swift) and Göran Fors (SEB).

Nasdaq CSD has selected Clearstream as its gateway to the TARGET2-Securities (T2S) system, aiming to enhance its access to European securities markets.

At PostTrade 360 Nordic 2024, the session “What’s up in the Nordic CSD scene” brought together key figures from the region’s Central Securities Depositories (CSDs) to discuss the current state and future of post-trade infrastructures. The panel included Roger Ted S., CEO of Euroclear Sweden, Kristine Bastoe, CEO of Euronext Securities Oslo, Niels Hjort Rotendahl, CEO of Euronext Securities Copenhagen, Hanna Vainio, CEO of Euroclear Finland, and moderator Göran Fors, deputy head of Investor Services at SEB. Their insights shed light on the evolving landscape and the challenges CSDs face.

COLUMN | With the EU’s new DORA legislation to underpin (or force) good oversight of third-party ICT providers, it is made clear that firms have to manage their vendor and outsourcing relationships. Saying “our vendor takes care of it” will no longer be enough. Bite the bullet with operational veteran Olaf Ransome.

Today’s custodian banks operate under an increasingly complex environment. Caught in the whirl of it all are network managers, whose role has evolved significantly over the years. What are the challenges to come and how should they adapt to stay on top? Panelists: Ola Sveen, DNB Markets Ekaterina Rous, BNP Paribas Anna Lundberg, SEB Moderator: Ulf Noren, SEB See more through this link: https://lnkd.in/dbzCkJHw

State Street has been selected as the custodian and investment administrator for Challenger Limited, an Australian investment management firm with A$127 billion in assets under management. The agreement, set to commence in October 2024, will see the US-based firm providing custody and investment administration services to Challenger, Fidante, and their affiliates.

With over 1200 delegates and nearly 200 speakers, we look back at a successful PostTrade 360° Nordic 2024! If you were part of the experience, thank you for making it memorable. If not, take a look at the after movie and get a sense of the experience that could be yours next year. Mark your calendar for PostTrade 360° Nordic 2025, happening on 3 & 4 September 2025. We can't wait to see you there!

Zürcher Kantonalbank (ZKB), Switzerland’s largest cantonal bank, has successfully integrated Avaloq’s digital asset platform into its core banking systems and digital channels. The partnership “addresses growing market demand for trading and custody of digital assets”, claims the technology provider.

The Bucharest Stock Exchange / Bursa de Valori Bucuresti (BVB) will invest up to €3 million in the capital increase of CCP.RO Bucharest S.A., Romania’s central counterparty (CCP) project, following approval from its shareholders.

Central bank digital currency (CBDC) has fallen out of favour for use in digital asset settlement. This is according to findings in the latest Securities Services Evolution 2024 whitepaper recently published by Citi. Instead, market participants are now looking to non-bank CBDC options such as non-bank stablecoins, tokenised deposits, and tokenised money market funds.