Securities Finance

Pilot of initiative aiming to be a single source of truth for securities lending industry; begins with fully automated DLT system set to go live across the market in 2024.

The Malaysian bank will utilise Broadridge’s SFCM solution, promising enhanced client experience and better cost management.  

Initiative aims to enhance liquidity and optimisation opportunities.

Front-, middle-, and back-office users will be able to monitor intra-day through tailored insights. 

Asset servicing giant continues to hire from Goldman Sachs under CEO Robin Vince with recent additions from the investment bank including its CFO, head of the markets’ financing and liquidity business, and global head of digital partnerships and investments. 

The bank facilitated the transaction as a custodian, acting as the lending representative for an asset owner and a borrowing representative as well. 

Securities finance fintech outfit adds new tools following series of recent hires and other product launches. 

Revenues amounted to $5.8 billion over the six-month period, driven by a particularly strong second quarter.  

Fintech adds securities finance experts with backgrounds at ScotiaBank and Morgan Stanley to its rapidly expanding team.

According to the firm, the new solution will offer a significant return on investment, improve efficiencies and assist with T+1 compliance.