Addressing data issues and the dual-reporting regime set out in SFTR were among the top priorities for ISLA.
The Japanese pension fund giant has halted securities lending from its foreign equity portfolio citing a lack of transparency over the process.
The project has been lauded by industry experts, and HQLAx founder Guido Stroemer was included in Global Custodian’s 30 to Shape the Future list.
SGX stated the new rates would make it more attractive for institutional investors to borrow, and could result in higher volumes.
The four new hires will help bolster its services in the run-up to major new regulations in 2020 such as SFTR and CSDR.
The MarketAxess trade confirmation engine aims to reduce risks and provide greater post-execution control by automating the process.
The peer-to-peer model appears to have turned a corner as global custodians rollout a number of initiatives to encourage end-users to transition.
Sponsored clearing services among factors leading to a major rise in aggregate cleared repo and reverse repo volumes.
JP Morgan has spent the last year implementing a new look to its global agency securities lending team.
The platform could serve as a significant boost to State Street’s position as an alternative to the bulge-bracket prime brokers in the securities lending market.