Securities lending dampens BNY Mellon’s asset servicing revenues in Q2
The decline means another disappointing quarter for the world’s largest global custodian as asset servicing revenues fell 8% year-on-year.
Securities Finance
Delta Capita, IHS Markit and Pirum aim to standardise SFTR testing
IHS Markit and Pirum will make available Delta Capita's SFTR test pack to its clients to support and standardise testing.
JP Morgan bolsters APAC securities lending division with new trading head
Hire in Hong Kong sees JP Morgan tap BNP Paribas Securities Services for new APAC head of agency securities lending trading.
Hedge fund Citadel executes cleared cash and repo trades through DTCC
DTCC recently broadened the category of market participants accessing the Fixed Income Clearing Corporation’s (FICC) cleared repo service.
UnaVista adds 25 technology vendors to SFTR partner programme
Partner firms signed up for UnaVista's SFTR trade repository include Calypso Technology, EquiLend, IHS Markit, MarketAxess, Trax and Murex.
BNY Mellon goes live with cleared agent securities lending offering for buy-side firms
BNY said the transaction represents a major new route to market for its securities lending clients without the need to set up direct clearing membership.
Securities lending data firms complete end-to-end test for SFTR reporting
IHS Markit, Pirum Systems and Rabobank ran the test for reporting securities financing transactions to DTCC's trade repository.
JP Morgan sells half of its EquiLend stake to National Bank of Canada
JP Morgan will continue to hold a 10% ownership interest in EquiLend.
DTCC partners with RegTech firms for wider SFTR coverage
The partnerships expand DTCC's support coverage for the incoming securities financing transaction regulation (SFTR).
Large funds facing up to SFTR requirements before their go-live date, says DTCC
LEI and UTI information will be required ahead of the SFTR deadline for large funds, according to an industry expert.