State Street expects buy-side clearing of repo financing to increase significantly among mutual funds and money markets funds in the US.
The standard agreement template will be used for both mandatory and delegated reporting of securities financing and derivatives transactions.
Northern Trust will leverage machine learning to project demand for equities in the securities lending market and grow revenues.
The lawsuit accused the six banks and their prime brokerage divisions had colluding to ‘boycott’ an electronic securities lending trading platform.
Both companies are looking to get clients ready for SFTR reporting in advance of the 2020 deadline.
The decline means another disappointing quarter for the world’s largest global custodian as asset servicing revenues fell 8% year-on-year.
IHS Markit and Pirum will make available Delta Capita's SFTR test pack to its clients to support and standardise testing.
Hire in Hong Kong sees JP Morgan tap BNP Paribas Securities Services for new APAC head of agency securities lending trading.
DTCC recently broadened the category of market participants accessing the Fixed Income Clearing Corporation’s (FICC) cleared repo service.
Partner firms signed up for UnaVista's SFTR trade repository include Calypso Technology, EquiLend, IHS Markit, MarketAxess, Trax and Murex.