Sernova and BBVA’s Partnership Hits the Press
https://www.thetradenews.com/Post-trade/BBVA-signs-on-to-Sernova-Financial-clearing-utility/
January 2018
Sernova Financial Signs BBVA into its Clearing Utility
LONDON, January 15, 2018 Sernova Financial (Sernova), an innovative provider of post-trade derivative solutions, announce that it has partnered with Banco Bilbao Vizcaya Argentaria S.A. (BBVA), the multinational Spanish banking group. Sernova will provide technology [...]
November 2017
CCP Clearing – How is the Market Evolving? (Infographic)
This infographic explores current trends and perspectives in CCP clearing and how the market is evolving given the growing push to clear OTC products despite a shrinking number of global clearing firms. The data [...]
June 2017
CCP Clearing Evolution: It’s All About Direct Membership
Sernova Financials Limited (Sernova) recently went live with its first client clearing through LCH SwapClear. DerivSource spoke with Richard Thompson, Sernova’s co-founder and chief operating officer, about sell-side clearing services realignment, the benefits of being [...]
CCP Volumes: The next evolution of the FX Market?
The above graph shows the Cumulative Monthly Notional Value of LCH FX Notional Values. From September 1st 2016, the non-cleared margin rules have required many large banks to exchange initial margin on NDFs for the [...]
March 2017
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 [...]
February 2017
Risk.net – Start-up looks to break swaps clearing bottleneck
To read the article, please download the PDF below: Risk Magazine 2017
June 2016
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 [...]
May 2016
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 [...]
March 2016
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 [...]