Why most Institutional Investors still don’t Lend By Roy Zimmerhansl Why most Institutional Investors don’t lend! At first glance, the €21 trillion of securities available for loan at the end of 2019 seems a large figure and indeed it is. However, by various estimates, the total amount of institutionally managed assets was above €60 trillion […]

When fully implemented, it could be argued that Central Securities Depositories Regulation (CSDR) will have had the biggest impact on the post-trade life cycle. HSBC have prepared a guide for asset owners and managers explaining why, how and what CSDR is about, focusing particularly on settlement efficiency, to help navigate the impact of CSDR implementation. The […]

WEBINAR | Date: 29-July-2020 | Time: 12-1pm Building Business Resiliency with Intelligent Automation  An ISITC EUROPE/CISI lunchtime learning and discussion webinar The recent pandemic has caused disruptions in businesses across the world. Capital market firms have faced a spike in transaction volume, data to be captured and analysed, and an increased need for customer communications and […]

Tuesday 14th July, 3.00pm – 4.00pm  An ISITC EUROPE / CISI professional learning and discussion webinar About The ability of cyber threats to compromise information systems is an ongoing danger to all organisations, however  an emerging threat presents a new challenge, cyber-attacks that may cause physical harm to systems with the potential to kill the […]

Cloud enables innovation but adoption in Capital Markets remains low – why? ISITC EUROPE  organised a workshop on the 10th March, kindly hosted by the CISI The panel of experts included  Cloudsoft and AFME, who explore this topic. A preview of the video can be found on the Cloud Standards Forum and a report written […]

As the Coronavirus pandemic continues to impact society, in particular causing major disruption in our children’s education, parents are having to step up and take over up the role of teacher whilst we are in isolation. ISITC EUROPE CIC is pleased to announce that it is now able to offer a discounted online learning package* […]

Wednesday 3rd June from 12.00pm – 1.00pm   An ISITC EUROPE / CISI lunchtime learning and discussion webinar Blockchain and distributed ledger technology came to the fore with the appearance and growth of crypto currencies. The narrative that started spreading at some point in 2013 was that blockchain technology should be decoupled from bitcoin, and used for more than […]

As we approach our 30th anniversary we are pleased to announce that ISITC EUROPE is now a fully regulated ‘not for profit’ Community Interest Company, remaining one of the City’s longest community associations.  This change was led by KYC/Onboarding and the ongoing focus on Financial Crime by the regulators and to ensure that we continue […]

Tuesday 10th March, 12.00pm – 2.00pm Venue – CISI, 20 Fenchurch Street, London EC3M 3BY The Association for Financial Markets in Europe (AFME) has recently set out 14 recommendations to help realise the full potential of public cloud computing across the capital markets industry, as issues such as legacy technology, security, regulatory concerns and standardisation […]

The City Business Club and ISITC held an event on the evening of Tuesday 16th July, sponsored by Metro Bank, to discuss the recent survey and landscape report on the impact of application resilience and its management. Speakers included representatives from the City Business Club, ISITC, Cloudsoft and Expert Witness. What became obvious after analysing the […]

The City Business Club and ISITC are holding an event on the evening of Tuesday 16th July, sponsored by Metro Bank, to discuss the recent survey and landscape report on the impact of application resilience and its management. Catastrophic IT failure has hit the news on several occasions over recent times and the impact has had far-reaching […]

The next ISITC Europe General Meeting, “De-risking Change”,  will be held on Thursday 7th June 2018 from 8:30 – 13:15 at the Grange Tower Bridge Hotel, 45 Prescot Street, London E1 8GP. As the Finance Industry invests in digital programmes we will explore the world of cryptocurrencies and will hear from experts on the role that these digital assets currently […]

Briefing – Preparing for the changes in Senior Management Regime due in 2018/19 Last year saw significant regulatory change across the financial services industry. In addition to the ongoing Brexit process, the year brought with it implementation of MiFID 2, PSD2 and the fourth anti-money laundering directive. 2018/19 is set to be another bumper year, led […]

The equivalence regime is “flawed” and not a suitable option for the UK once it leaves the European Union, according to MEP Dr Kay Swinburne. “I don’t think the UK could ever rely on an equivalence decision,” Swinburne said, speaking at the ISITC Europe’s 2018 annual meeting and conference on Thursday. “It doesn’t work, we […]

“[The UK] can’t have its cake and eat it with Brexit”, according to Chris Skinner, chair of the Financial Services Club. Speaking at this year’s annual ISITC Europe meeting in London, Skinner explained that the UK and the financial services industry still had their “fudge”, meaning he thought the industry would face “a lot of […]

“There’s an evolution taking place” in blockchain and with other industry technologies, according to a panellist at this years annual ISITC Europe meeting in London. Bob Santangelo, president of international sales at Broadridge Financial Solutions, said that to adapt to this evolution, “every financial institution is looking at a way to create lower cost”, explaining […]

Published 22 Jan 2018, Luke Jeffs, Global Custodian The adoption of new technologies such as blockchain may take longer than some people think and “generally take time to move from one stage to the next”, according to the head of trade body ISITC Europe. Speaking ahead of the ISITC Europe’s annual meeting on Thursday, Nigel Solkhon, […]

Thank you to everyone who attended the ISITC Europe 2018 AGM & Conference held on Thursday 25th January at the London Hilton Tower Bridge with a theme of Birth of a New Industry Model. With almost 200 attendees and an excellent agenda the day was a great success with some brilliant discussion from all the panel sessions and […]

Date: Friday 20th October Time: 2:00 p.m. – 3.00 p.m. Format: Conference call Registration: Please register for the call using the form to the right. Dial in details will be sent out in advance of the call to all registered participants.

Date: Tuesday 3rd October Time: 2:00 p.m. – 3.00 p.m. Format: Conference call Agenda: The purpose of the call will be to gather member views on the EU Post Trade Consultation before Richard Young, Working Group Leader, responds on behalf of ISITC Europe. Anyone who has not seen the documentation should download it from: https://ec.europa.eu/info/consultations/finance-2017-post-trade_en Registration: […]

Thanks to all who attended ISITC Europe’s recent General Meeting which was held on Tuesday 10th October at Citi, Canada Square, Canary Wharf, London E14 5LB. The theme of the meeting was “Realities of new operational cost models – and how to excel in the era of tech disruption”. Steve Scemama, Partner Head of Capital Markets Technology at […]

We are pleased to be able to share with you the videos from the recent ISITC Europe General Meeting held in May which covered Robotics, AI, MiFID 2 II T2S and introductions to our Marketing and Academia forums: The videos can be accessed or viewed below: Session 1: Robots, Regulation and T2S – Can they […]

Financial Instrument Identification is becoming a greater challenge for the industry as regulatory reporting and risk management demands increase. Standards that work to address this issue are becoming more important. One new tool that is now available, on an open basis, is the Financial Instrument Global Identifier (FIGI), which was formerly a proprietary identifier of […]

Date: Tuesday 25th July Time: 2.00pm – 3.00pm Format: Conference Call Agenda 1) Discuss the recent ISITC Europe survey on financial instrument identifiers – FIGI/ISIN 2) Discuss the development of a regulatory reference data guide for the ISITC Europe website 3) Confirm how ISITC Europe should deal with financial messaging standards in the context of DLT developments […]

Date: Friday 15th September 2017 Time: 2.oo p.m. – 3.00 p.m. Format: Conference Call Details of the working group and previous meetings can be found here: http://isitc-europe.com/working-groups/isitc-europe-regulations-working-group/  

Thursday 6th July from 5pm – 6pm at London Metropolitan University The next meeting of the ISITC Blockchain DLT Working Group will be held on the 6th July at London Metropolitan University in Moorgate (near the corner of London Wall and Moorgate). The meeting will commence at 5pm and finish at 6pm sharp. Please be in your seats for […]

As you know ISITC Europe has signed a MoU with OASIS Open in North America to work on developing DLT standards. We are also working with the British Standards Institute (BSI), currently serving on two of the sub-committees for Identity and Interoperability. We are calling for volunteers to serve on the ISITC Europe DLT Standards […]

As we all put the winter attire in storage for the Spring and Summer months, I would welcome an opportunity to provide some exciting updates to ISITC Europe as well as invite you to our next General Meeting on the 25th May at Standard Chartered Bank in the City of London. AGM I would firstly […]

Date: Wednesday 5th April Time: 2.30pm – 3.30pm Format: Conference Call Agenda: The aim of the call is to discuss the draft TOR and future plans for the group. Registration: Please register for the meeting via the form on the left and dial in details will be sent out to you in advance of the call.

ISITC Europe has recognised the tremendous interest in the financial markets for Blockchain DLT and has noted the growing number of groups and committees springing up to try and understand impacts, or to examine potential solutions. This is normal in financial markets when innovation is in full swing and where there is a need for […]

The announcements from eight insurers (one retail, several wholesale and reinsurers) using Z/YEN’s ChainZy mutual distributed ledger technology in earnest, and their large clinical trial clients, has heightened attention on building MDLs quickly and privately using proven technology and not depending on Bitcoin, Ethereum or Ripple payment systems.  Z/YEN are already doing over 50,000 clinical data trial […]

ISITC Europe has signed a MoU with OASIS Open based in North America but with offices worldwide . They specialise in creating open standards and lobbying for standards to ISO amongst others. The ISITC Europe Blockchain DLT Working Group has now merged with the OASIS Open Blockchain Technical Committee under a BlockBenchIT-draft-charter. The Charter is deliberately broad […]

Following the resignation of Dr Hermann Rapp for personal reasons, we have an open position on the ISITC Europe Leadership Group (IELG) for the Head of the ISITC Europe Academic Forum (IEAF) for immediate fulfilment. The IEAF is the most recent addition to the working groups for ISITC Europe and is reflects the leadership ISITC […]

ESMA Report – The Distributed Ledger Technology Applied to Securities Markets This report from ESMA is important reading for people interested in the DLT explosion of interest in financial markets. It’s an encapsulation of views taken from financial services firms trade associations and financial market experts that ISITC Europe contributed to last year. The ISITC Europe […]

Gary Wright, ISITC Europe’s Blockchain DLT leader has been invited to participate at ITU’s workshop on the 21st March in Geneva. He will be remotely participating in “Future directions on blockchain standardization activity” which will highlight diverse aspects and standardization efforts on blockchain in international standards bodies, identify potential items that ITU-T SG17 needs to analyse/review and […]

  ISITC Europe 25th Anniversary AGM & Conference – 26th January 2017 Conference Report by Nigel Solkhon, CEO ISITC Europe “Outstanding”, “Best conference I have been to for years”, “Fantastic well informed speakers” – just a few comments made to me by some of the near 100 attendees at the recent ISITC Europe held at […]

Robots, Regulation and T2S – Can they work together? Thank you to everyone who attended the General Meeting held on Thursday 25th May at Standard Chartered Bank. The meeting opened with a keynote speech from Keith Saxton, Independent Advisor, Innovate Finance Ambassador and Chairman techUK Financial Services Programme, on Fintech Trends – Accelerating Change followed by excellent panel discussions on Robotics, MiFID II […]

London, 28th July 2016 As we all head off for well-earned rest and relaxation breaks with family and loved ones, I wanted to provide an update to you of activities, plans and events to book into your calendars when you return. I also wanted to provide you all with an opportunity to contact me should […]

London, 1st July 2016 The ISITC Europe Blockchain working group has discussed how best to assist the financial services industry in the adoption of Blockchain Distributed Ledger Technology (DLT). At this juncture, with numerous service offerings emerging, the working group believes that the introduction of measurable standards based on both technology and operational requirements is […]

– Revamped trade body’s first general meeting of 2016 a roaring success, as financial industry convenes to discuss hot topics of the day – London, 13 May 2016: ISITC Europe, the industry group dedicated to improving the operational efficiency of the capital markets industry, has held its first General Meeting of 2016. The meeting – […]

London, 12th October 2016 The International Securities Association for Institutional Trade Communication (ISITC) Europe intends to collaborate with the OASIS international open standards consortium to advance adoption of Blockchain Distributed Ledger Technology (DLT) by the financial services industry. Based on DLT benchmarks developed by the ISITC Europe Blockchain Working Group, the project will secure international support […]

London, 15th December 2015 ISITC Europe Update Dear Industry Colleague, As you saw last week, the IELG and I are working hard to reshape ISITC Europe and deliver value to Members and the industry in general. The Agenda we set out last week has generated a great deal of interest from industry participants and like-minded […]

4th December 2015 ISITC Europe are delighted to announce that Nigel Solkhon has agreed to act as ISITC Chief Executive in an interim capacity following the recent departure of Graeme Austin. Nigel is a Director at Citi and Head of Execution 2 Custody product in EMEA. Nigel was a founding Member of ISITC Europe in […]

The recent Regulations working group meeting was held on the 9th June. For further details on the working group and meeting minutes please visit the working group page: http://isitc-europe.com/working-groups/isitc-europe-regulations-working-group/

Not everyone wants to copy the world’s most successful blockchain. While bitcoin’s public-facing, immutable ledger has proven resilient to attacks (and a mostly reliable way to transact peer-to-peer), businesses are still looking for something else to meet their volume and privacy requirements. Read more…

Published in Coindesk Daniel Palmer | Published on February 18, 2016 at 22:10 GMT Trade processing was historically an inefficient process that involved sending documents between firms via fax and Telex, and manual re-keying of data as it passed from one proprietary trading system to another. Then, in 1991, a group of financial industry leaders […]

London, UK, January 20th 2016 – B.I.S.S. Research, the City think tank, facilitating academic research in the financial services sector, today announced that it is collaborating with ISITC Europe to produce a series of Blockchain events for ISITC Europe members. Blockchain has captured the imagination of software developers and business leaders over the last few […]

The IELG are working hard to reshape ISITC Europe and deliver value to Members and the industry in general. The Agenda we recently sent out has generated a great deal of interest from industry participants and like-minded Industry associations. This has given us a great deal of comfort that the topics are ones which we […]

Firstly, I would like to thank the IELG for giving me the opportunity to lead ISITC Europe on an interim basis. It is an exciting challenge to help review the current state of the organisation as well as lead the important task of helping make ISITC Europe more relevant and Member driven. As way of […]

Graeme Austin has stepped down from the role of ISITC Europe Chief Executive. Graeme has decided on a complete change of career and will be leaving the industry. We wish him well in his new role and thank him for his significant contribution to ISITC over the years. It is sad to see Graeme go […]