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[ad_1] Intraday liquidity management is a large and growing problem for banks, agreed panellists at this year’s GFF summit. Issues include settlement and payment fragmentation across time zones, creating liquidity drain and credit risks, and high costs associated with maintaining large buffers to cover intraday liquidity needs. For one panellist, “these problems will persist unless…
[ad_1] LTX, a Broadridge Financial Solutions subsidiary, has been awarded four new patents. These patents cover bond similarity technology, dealer selection score technology, liquidity aggregation technology and request for quote+ trading protocol. These technologies will enhance trade workflows and provide the opportunity for price improvement, the company says, due to the participation of multiple responding…
[ad_1] The Bank for International Settlements has confirmed six new development projects for its BIS Innovation Hub, focusing on central bank digital currencies, green finance, cybersecurity and steps to eliminate financial crime. This first batch of projects for 2024 builds on a further eight projects that are currently ongoing within the BIS Innovation Hub and…