Northern Trust boosts private markets sales team with new hire in Europe
Experienced alternatives business development executive joins Northern Trust in Luxembourg.
News
Paxos teams up with Credit Suisse and Instinet to launch blockchain settlement system
In launching the service, the platform will allow for the simultaneous exchange of cash and securities between broker-dealers to settle US listed-equities trades.
SS&C Technologies wins shadow services mandate from Innocap Investment Management
Innocap will leverage SS&C GlobeOp’s investment book of record (IBOR) and net asset value (NAV) reconciliation services for its managed account platform.
UK pension funds managers ill-equipped to report on their ESG policy, finds research
Nearly half of pension fund managers surveyed by CACEIS felt there were not properly equipped to monitor their ESG activities to a high standard.
Apex Group to provide real estate clients with new technology solution
Collaboration signed with property management software company for real estate fund managers.
CCPs clash over Brexit impact on euro clearing activity
Representatives from LCH and EuroCCP highlight contradicting trends they are seeing in clearing activity throughout Europe following Brexit.
Financial industry will need to find $100bn of unrecognised assets to meet collateral requirements
A new study found the two-way initial margin rules for non-cleared derivatives will also result in a collateral shortfall of $60 billion alone.
Nordic CSDs eye working group to tackle new European standards
Regulatory and operational costs factors may require regional CSDs to band together and overcome these new pressures.
ESG is not strongly influencing strategic approaches to securities lending, according to GC snapshot
Asset managers, custodians, brokers and institutional investors were asked to rate the importance of the five criteria in influencing their strategic approach to securities lending and ESG comes out last.
Buy-side COOs expand roles to reach transformation goals, finds BNP Paribas
New research shows COO's influence stretching beyond the back-office as over half of respondents in Asia Pacific rank transformation as their top priority.