Considering that technology has an important role to play when it comes to alleviating existing frictions in the banks’ back offices and contributing to a more efficient post-trade lifecycle, members of the ICMA ERCC Operations Group decided to set up a Working Group, chaired by Sanjiv Ingle (Société Générale), to focus specifically on technology in the area of post-trade.

The main objective of the ICMA Ops FinTech Working Group (WG) is to develop a better understanding of existing tools and emerging FinTech solutions, including through greater interaction with the relevant providers. This complements ICMA’s efforts to promote automation and efficiency in trade processing, reflected in many of the recent ERCC Ops initiatives, including those focused on matching and affirmation, trade confirmations or collateral messaging.

While formally set up as a sub-group under ICMA’s ERCC Operations Group, the scope of the group goes beyond repo and also covers solutions in the cash bond space. Participation in the FinTech WG is furthermore not restricted to ERCC Ops members, as the Group serves as an open forum for ICMA members to exchange information on this rapidly moving and fluid market.

The FinTech WG meets on a regular basis, approximately every 6 weeks.

See also:

ICMA Ops FinTech mapping directory

ICMA ERCC Operations Group
Resource page on DLT


Alexander Westphal
Director, Market Practice and Regulatory Policy, Secretary to the ICMA European Repo and Collateral Council (ERCC)
Direct line: +44 20 7213 0333

Gabriel Callsen
Director, Market Practice and Regulatory Policy
Direct line: +44 20 7213 0334

Rowan Varrall
Associate, Market Practice and Regulatory Policy
Direct line: +44 20 7213 0317

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