Former vice president for international equity finance at JP Morgan joins Pirum as securities finance firm turns attention to North America.
Just over half of sell-side firms in a recent survey said they plan to use artificial intelligence for securities finance over the next 12 months.
Citi and HSBC were the two custodian banks that facilitated the completion of the securities lending transactions in the China A-shares market.
FinTech firm hires 30-year industry veteran as head of operations Americas.
State Street has aimed to offer new products and services to help combat consistent falls in revenues for its securities finance business.
JP Morgan gives buy-side clients an eagle-eye view of their assets to meet rising collateral demands
JP Morgan's Collateral Transport tool will act as the 'brain' for buy-side firms to manage assets used for securities lending or to meet margin calls.
The new members include CalSTRS, AustralianSuper, and Thrivent Financial, as the new trade body aims to promote peer-to-peer lending among a wider range of firms.
The potential for lending ETF units to generate additional yield could be significant, as investors focus on driving recovery in returns after the COVID-19 crisis.
State Street has been appointed the securities lending agent for four Nuveen mutual funds with assets of over $4 billion.
In the first month of using SimCorp’s SFTR cloud solution, PGGM has processed over 320 trades and over 590 valuations.