State Street’s Collateral+ business integrates with Acadia for UMR compliance
The integration will enable clients to comply with Unclear Margin Rule regulations, via Arcadia’s services.
Securities Finance
ICMA sets sights on developing guidance for repo and sustainability
Association looks to spark action on conversations around sustainability in the repo market after consultations.
ISLA launches clause library and taxonomy to bring standardisation to the securities lending industry
Securities lending association has spent the last year working with the industry to produce a business outcome-driven legal library.
Fixed income trades debut on Broadridge’s Sponsored General Collateral Service
Innovation in partnership with DTCC and BNY Mellon expands post-trade capabilities into new asset classes.
CloudMargin says its network now includes almost 60 custodians as it facilitates UMR readiness
Collateral and margin management specialist has connected with a significant number of custodians given its relative infancy in the space.
BNY Mellon and JP Morgan execute first sponsored cleared GC tri-party repo trades
The new service from DTCC's FICC has been launched in collaboration with BNY Mellon and with the support of Broadridge.
First round of securities lenders sign up for global principles on sustainability
The PSSL sets out standards for beneficial owners, lenders and borrowers to align their securities lending programmes with the broader global sustainable finance market.
Securities lending revenues up by 51% YoY during August
The revenue generated for lenders in August 2021 also represents an increase of 5% from July 2021.
State Street connects collateral platform to DTCC’s MTU
State Street continues to build out new capabilities to drive forward its financing solutions and collateral optimisation group.
GPFA adds Canadian pension giant OMERS as latest member
OMERS, which manages around $114 billion of assets, has become the seventh Canadian beneficial owner firm to join the buy-side organisation.