New Capital Markets Cloud-based Utility, Sernova, Launches With First Client
LONDON, March 1, 2017 /CNW/ - Sernova Financial, a new capital markets utility for post-trade futures and derivative clearing, has launched with FirstRand Securities Limited as their initial client, clearing via LCH SwapClear. Sernova is now live and integrated at FirstRand Securities, providing the real-time services [...]
Risk.net – Start-up looks to break swaps clearing bottleneck
To read the article, please download the PDF below: Risk Magazine 2017
Sernova Financial and TCS Enter into a Strategic Partnership
LONDON: India's largest software exporter TCS today formed a strategic partnership with Sernova Financial to deliver its next generation cloud-based derivative post trade processing service to enable banks to effectively maintain compliance with the changing global regulatory environment while reducing risk. The new tie-up combines Sernova's [...]
Calypso Technology Announces Strategic Partnership with Sernova Financial: Alliance delivers next-generation, cloud-based clearing solution
Calypso Technology Inc., a leading provider of capital markets software, and Sernova Financial, an innovative provider of turn-key post-trade services, today announced a partnership to deliver next-generation, cloud-based clearing services. The alliance is designed to lower the barriers to entry into capital markets for both regional [...]
White Paper: The Inevitable Fragmentation of Clearing
With more derivatives users looking at alternative clearing access, what are the pro's and con's to direct membership? Download the white paper
No FCM no problem
Self clearing may be the only viable option for derivatives users if FCMs step back from the business, warns Venkatesh Ramasamy of Calypso Technology – but direct CCP access comes with costs and obligations Large global banks are falling out of love with the client-clearing business. [...]