This partnership aims to offer buyside firms a fully integrated, front-to-back workflow. Virtu's TradeOPS platform is designed to automate post-trade workflows, including allocation matching and settlements, with the goal of significantly reducing settlement delays and financial penalties for buyside firms.  The company said that by integrating with Limina’s cloud-native Order and Portfolio Management System (O/PMS),…

The financial terms of the deal were not disclosed. The move will see Fiserv, a provider of payments and financial services technology, take full control of one of Ireland’s largest payment solution providers and one of Europe’s major e-commerce acquirers.  The transaction is expected to close in the third quarter. Katia Karpova, Head of the…

The collaboration between Clearstream, Deutsche Börse Group’s post-trade services provider, and Azimut, a global asset and wealth manager, is said to be an extension to Clearstream’s automated fund processing platform, Vestima, with a new digital layer built on distributed ledger technology via FundsDLT. The firm explains that the pilot solution introduces an account model allowing…