State Street processes $140 billion of client-cleared repo transactions
State Street expects buy-side clearing of repo financing to increase significantly among mutual funds and money markets funds in the US.
News
Trade associations band together to create SFTR and EMIR master reporting agreement
The standard agreement template will be used for both mandatory and delegated reporting of securities financing and derivatives transactions.
New roles for two of SS&C’s top sales execs
SS&C has promoted its head of alternatives assets sales to lead global fund administration sales.
ASX builds on CHESS replacement with new DLT Solutions Team
The new DLT Solutions team has been created to look at other ways the ASX can use the technology in the equities and non-equities space.
Ambitious start-up looking to take on legacy data platforms launches
FinTech firm Finbourne has released an early access programme for its flagship cloud-based investment data management platform, LUSID.
SS&C signs Aberdeen Standard Investments to multi-year transfer agency deal
SS&C helped the UK asset manager giant consolidate and standardise its investor servicing across the combined Aberdeen and Standard Life global operations.
Blockchain vendor R3 to launch new office in Dublin following expansion plans
Dublin will be R3’s second European office and is set to open in 2020 as part of the vendor’s rapid expansion plans.
Authorised corporate directors face regulatory scrutiny following Woodford fund saga
The UK FCA is set to open an assessment of authorised corporate directors following the fallout of the Neil Woodford fund affair.
Bloomberg acquires RegTek.Solutions to expand reporting hub
RegTek.Solutions will be integrated with the Bloomberg regulatory reporting hub, as well as its data and trading systems.
Commerzbank reshuffles custody and clearing leadership
GC Legend takes up new role at Commerzbank as part of an organisational restructure.