JP Morgan backs collateral mobility platform HQLAx with Series B investment
Custodian invests in widely backed collateral mobility platform and will also connect its agency securities lending business to HQLAx.
Securities Finance
Broadridge looks to transform repo trading with launch of new blockchain-based platform
The new platform utilises smart contracts and distributed ledger technology, a move that could potentially transform the repo market.
Pirum enhances collateral management service with analytics module
Securities finance automation firm announces upgrade to CollateralConnect platform to provide enhanced visibility, workflow and controls.
ISLA adds sec lending code to model which digitally represents the trade lifecycle
Contribution to the code will the addition of securities loan product and transaction definitions, as well as a settlement and allocation event for a cash settled DVP loan.
BNY Mellon hires markets executive from Goldman Sachs for securities financing and liquidity business
The newly created role will focus on the strategic direction of BNY Mellon’s financing, collateral and short-term liquidity offering.
Fidelity Investments goes live with agency lending platform for asset managers
The move marks the latest development in the securities lending market, as more asset managers seek to lend their holdings to other investors.
BNY Mellon to give access to FICC sponsored cleared repo
The move will enable its institutional investor clients to invest in a wider variety of short-end investment products that they would not previously had access too.
State Street sets up specialist ESG securities lending strategy
The agency lending team has partnered with its buy-side arm to provide securities lending clients with the strategy.
BNY Mellon to accept Chinese bonds as collateral on tri-party platform
The move comes as international investors look to significantly increase their access to China’s $13.9 trillion bond market.
MUFG bolsters securities lending desk again with hire from Deutsche Bank
The Global Securities Lending Solutions (GSLS) Group within MUFG continues to grow as market revenues swing in Q1.