State Street has appointed Jordao to lead its Global Services business in France and further enhance the branch's strategy.
Euroclear has now been granted six licenses for its various CSDs in Belgium, Finland, France, the Netherlands and Sweden.
Addressing data issues and the dual-reporting regime set out in SFTR were among the top priorities for ISLA.
PIMCO will use OpenGamma’s technology in a bid to reduce margin financing costs for derivatives trading.
The Japanese pension fund giant has halted securities lending from its foreign equity portfolio citing a lack of transparency over the process.
The creation of the new role comes as the South Asia region primes itself for increased growth, mainly driven by greater foreign investor flows.
The new connection aims to facilitate cross-border settlement in TARGET2 Securities (T2S) markets, giving easier access to Baltic securities.
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.
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.
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.