Features | August 16, 2017 3:25 PM GMTJumping the hurdles - Mutual Fund Administration SurveyNorth American mutual fund clients have a relatively high opinion of the levels of service provision offered by their administrators. Maintaining that impression in the year ahead will be no mean feat.
TechnologyAugust 22, 2017 1:42 PM GMTCloudMargin connects to DTCC-Euroclear collateral utilityCloudMargin is the first technology provider to connect to GlobalCollateral’s partner programme, as the joint venture between the two market infrastructures continues to integrate the utility.
FeaturesAugust 22, 2017 10:55 AM GMTIreland’s post-Brexit CSD plans face operational hurdlesPlans to develop a central securities depository in Ireland post-Brexit may not be as straight forward.
Market InfrastructureAugust 21, 2017 1:37 PM GMTISDA urges regulators to ease EU-CCP relocationISDA urges EU and UK policy makers to implement transitional period to reduce complexity and costs to market participants.
Market InfrastructureAugust 21, 2017 11:17 AM GMTNon-compliant derivatives trades face possible unwind by banksBanks may be forced to cancel client trades executed after 1 March if their collateral agreements had not been re-negotiated.
Market InfrastructureAugust 17, 2017 2:45 PM GMTClearstream to bring new T2S asset servicing model in 2018Clearstream is aiming to simplify the asset servicing process on T2S with a new partnership model in the first quarter of 2018.
CustodyAugust 17, 2017 9:38 AM GMTNorthern Trust takes flight with $54bn Boeing pension mandateAs one of the largest pension plans in the US, Boeing will use Northern Trust for custody, valuation, derivatives processing and unitisation services.
TechnologyAugust 16, 2017 3:12 PM GMTBroadridge chosen by $8bn hedge fund to revamp techBroadridge will provide its range of portfolio management, reference data, and data warehouse solutions for the hedge fund.
FeaturesAugust 15, 2017 2:07 PM GMTMid-tier prime brokers see increasing role from hedge fundsWith the top five prime brokers focusing their efforts on their largest customers, it has paved the way for tier-two banks to capitalise on a larger pool of clients.
Market InfrastructureAugust 15, 2017 11:06 AM GMTUS regulators provide relief with variation margin changesDerivatives trading bodies are pushing for US agencies to ease rules on how client cash margin held by banks is calculated as part of their capital exposures.
Market InfrastructureAugust 14, 2017 10:40 AM GMTLCH goes live with new direct collateral accountAviva Investors has signed up as the first buy-side client for the new account type, as well as JP Morgan as the first clearing member for the service.
CustodyAugust 14, 2017 10:07 AM GMTCiti loses head of US investor services salesTenney led sales and distribution of prime brokerage, capital introductions, delta one, futures, clearing and collateral management services.
Fund AdministrationAugust 10, 2017 3:01 PM GMTFund administrators face demands to upgrade techTechnology, data and reporting enhancements was frequently citied as areas for improvement for service providers in Global Custodian's HFA survey.
CustodyAugust 10, 2017 2:50 PM GMTHSBC Securities Services joins DTCC’s GC DirectHSBC joins the likes of JP Morgan and Brown Brothers Harriman that have gone live on the GC Direct service.
FeaturesAugust 10, 2017 10:49 AM GMTThe race to zero (via 3... 2 & 1)The US will move to a T+2 settlement cycle in September 2017; we look at the benefits and the moves from the rest of the world as T+1 and T+0 are discussed globally.
Securities FinanceAugust 09, 2017 3:35 PM GMTSociete Generale bolsters European and Asia prime services teamSociete Generale has promoted Lloyd Michaels to run European prime services sales, and has poached Dereke Seeto from Credit Suisse in Asia.
FeaturesAugust 09, 2017 2:15 PM GMTThe evolution of strategy diversificationCharles Gubert takes a look at how diverse strategy could help custodians hedge against market change.
TechnologyAugust 09, 2017 11:05 AM GMTNasdaq and SIX Swiss Exchange develop OTC blockchain projectSix Swiss Exchange and Nasdaq have worked together on various technology projects for more than 10 years.