State Street announces first peer-to-peer repo program transaction
P2P program launched earlier this year seeks to broaden buy-side access to market liquidity.
Securities Finance
State Street extends P2P direct access lending product to convertible bonds
Custodian’s peer-to-peer securities finance product will now include convertible bond arbitrage strategies.
BNP Paribas Securities Services extends tri-party collateral management service
Service will now support synthetic securitisation and collateralised notes programmes, with launch coinciding with Nationwide Building Society mandate win.
BNY Mellon and Pirum integrate tri-party collateral schedules into CollateralConnect
Move falls under BNY Mellon’s Future of Collateral initiative designed to create an harmonised global collateral ecosystem for its clients.
Former BBH and Northern Trust securities VP joins eSecLending
Third-party securities lending agent adds industry veteran as head of client relationship management for EMEA.
Northern Trust launches collateral optimisation capability as UMR bites
Integration with margin and risk management specialist Acadia to support clients with global regulations governing trading of OTC derivatives.
State Street dips its toe into tri-party services as new phase of UMR rules hit the buy-side
Custodian leans on securities finance expert to launch tri-party services on Collateral+ platform after successful testing and partnerships with FinTechs.
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.
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.