The Repo Order Quote service provides traders with the ability to quote and execute repo trades on aggregate basis.
Hooley told Global Custodian the bank is underway with a number of pilot blockchain programmes to streamline and automate processes.
The custodian bank is looking to allow its clients to access a new source of much-needed liquidity in the FX space.
Noel Kimmel, who founded Cantor Fitzgerald's prime brokerage business in 2009, has left to join Cerberus Capital Management.
REGIS-TR will work with IHS Markit on interoperable SFTR reporting solution.
Hong Kong's SFC will look into the conduct and risk management practices of prime brokers in the country.
The awards for categories based on Global Custodian's prime brokerage and private equity fund administration surveys will be presented at the Industry Leaders awards.
Automated solutions for valuing collateral has become a pressing need for the buy-side since the onset of stricter margin rules.
Ben Challice joined JP Morgan as global head of agent lending and collateral management in a newly created role.
Cowen Group agreed to buy Convergex Execution Services and its prime brokerage business in April for $116 million.