State Street appoints new head of Paris branch
State Street has appointed Jordao to lead its Global Services business in France and further enhance the branch's strategy.
News
Euroclear’s ICSD obtains crucial regulatory license
Euroclear has now been granted six licenses for its various CSDs in Belgium, Finland, France, the Netherlands and Sweden.
Regulatory fixes top priority list for securities lending association
Addressing data issues and the dual-reporting regime set out in SFTR were among the top priorities for ISLA.
PIMCO adopts OpenGamma tech service to alleviate derivatives margin pressure
PIMCO will use OpenGamma’s technology in a bid to reduce margin financing costs for derivatives trading.
World’s largest pension fund suspends securities lending programme over transparency issues
The Japanese pension fund giant has halted securities lending from its foreign equity portfolio citing a lack of transparency over the process.
Deutsche Bank capitalises on South Asia growth with new securities services sales role
The creation of the new role comes as the South Asia region primes itself for increased growth, mainly driven by greater foreign investor flows.
Clearstream’s direct link with Nasdaq CSD goes live
The new connection aims to facilitate cross-border settlement in TARGET2 Securities (T2S) markets, giving easier access to Baltic securities.
Broadridge launches artificial intelligence platform for middle- and back-office operations
The new technology will help banks that have relied on multiple reconciliation platforms that use legacy technologies which can be up to 20 years old.
New DLT-based securities lending platform executes first transactions with banks
The project has been lauded by industry experts, and HQLAx founder Guido Stroemer was included in Global Custodian’s 30 to Shape the Future list.
Securities services regulatory expert departs Standard Chartered
The exit comes at a crucial time in the post-financial crisis regulatory agenda, with multiple rules set to come into force over the next couple of years.