BNY enters into $10 million AI initiative with Carnegie Mellon University
The launch of the BNY AI Lab is designed to push the frontiers of AI in mission-critical applications and prepare the next generation of leaders.
TS Imagine enters the securities lending space as part of wider prime brokerage push
Acquisition of a Tier 1 bank’s securities lending platform sees launch of front-to-back, multi-asset solution for stock loan, repo and collateral management for the buy- and sell-side.
JP Morgan and BNP Paribas adopt DTCC’s tri-party matching workflow
Prime brokers streamline post-trade processes ahead of Europe’s T+1 settlement transition in 2027.
Citi enhances ETF services through FIX API connectivity with Bloomberg BSKT
The integration, said to be the first in the industry, is aimed at boosting efficiency and reducing operational complexity for authorised participants.
Ultimus Fund Solutions makes statement double hire to bolster leadership team
Former U.S. Bank and Citi executive to drive private markets strategy, while ex-State Street and BNY tech specialist joins as president.
People Moves
Citi hires new custody head for Germany from Clearstream
New hire for Citi brings almost two decades of experience at Deutsche Borse Group to the role having worked across Clearstream and Eurex.
People Moves
Euroclear names chief business officer for Euroclear France
Former Citi executive to lead strategy and client engagement across Belgium, France and the Netherlands.
Custody
UniCredit partners with BNP Paribas and FNZ in securities services revamp
The securities services provider is internalising its operations and opting for a partnership with BNP Paribas in place of its previous setup with Societe Generale Securities Services in Italy and CACEIS in Germany.
State Street’s Alpha Platform head and Charles River chief departs for head role at Confluence Technologies
New role for Charles River chief executive who had held the role for almost six years and played a key role in State Street’s Alpha strategy.
People Moves
The ValueExchange adds JP Morgan securities services specialist as part of trio of new appointments
New senior appointments in advocacy, product and APAC, with backgrounds across JPMorgan, BNP Paribas, DTCC and SWIFT.