Ian Downes, BBVA
“BBVA is focused on providing more and better services to our clients and so we have selected Sernova to ensure that we can more effectively manage a multi-CCP and broker world. This will result in a more automated digital product offering, better pricing and greater flexibility for our customers.”
Ian Downes, Managing Director of CIB Post-trade Business Development at BBVA.
Sernova Financial Signs BBVA into its Clearing Utility
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 and operational house and…
White Paper: MiFID II a Bird’s Eye View of the Impact on Clearing
A different point of view on the impact of MiFID II on clearing.
White Paper: Brexit and Clearing – Local, the New Global
A forward view on Clearing post Brexit.
CCP Clearing – How is the Market Evolving?
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 and…
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 a direct…
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…
New Capital Markets Cloud-based Utility, Sernova, Launches with First Client
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…
Risk.net – Start-up Looks to Break Swaps Clearing Bottleneck
To read the article, please download the PDF.
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…
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…
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?