Daily Fintech Conversations

The Complex Post-Trade world of Securities and its API transformation

Originally published at: https://dailyfintech.com/2019/10/08/the-complex-post-trade-world-of-securities-and-its-api-transformation/

Internal communication and client communication in Securities Services remains a nightmare. This sector is actually a great example of batch processing, lack of cross border interoperability and standardization. In July, BCG consulting and SWIFT published a white paper, looking at APIs in the Security Services industry. Adoption is low but awareness amongst asset managers grew…

While media is focused on the battle between SWiFT and Ripple XRP, this article explains a different way that transactions move to real time. Real time will inevitably come to securities payments but not necessarily via DLT.