Northern Trust launches outsourced collateral management service
Northern Trust will use technology provided by AcadiaSoft for an outsourced collateral optimisation solution.
Derivatives
Citi launches new calculation tool for uncleared margin rules
Citi has leveraged the ISDA SIMM model to launch a new regulatory margin calculation service for buy-side firms that come into scope from 2020 and 2021.
Market structure changes to shake up repo trading
Sponsored clearing services among factors leading to a major rise in aggregate cleared repo and reverse repo volumes.
BNP Paribas Securities Services wins clearing mandate from Italy’s Arca Fondi
BNP Paribas Securities Services has emerged as a leading derivatives clearing provider in Italy, having won a number of clearing and collateral management mandates.
BNY Mellon to allow buy-side to outsource entire non-cleared margin workflow
The solution follows a partnership with AcadiaSoft’s Initial Margin Risk Suite for automating collateral management processes.
Deutsche Bank moves its collateral management to the cloud
The move makes Deutsche Bank the first of the major global banks to adopt cloud technology for collateral and margin management.
Charles River expands collateral management capabilities with AcadiaSoft partnership
AcadiaSoft’s flagship MarginSphere well help streamline and automate the margin process for Charles River IMS and its middle-office teams.
Societe Generale to establish prime services clearing base in Paris
As Brexit looms, Societe Generale is to open a new base in Paris for clearing of derivatives and OTC products by the end of the year.
BNP Paribas to use FIS derivatives margin calculator
BNP Paribas will use the FIS solution to increase its visibility around initial margin on its cleared derivatives transactions.
Credit Agricole outsources listed derivatives operations to asset servicing arm
CACEIS will also act as the main listed derivatives clearer for the French investment bank.