DTCC reports 160 firms signed up to SFTR reporting service
DTCC confirmed it has now onboarded Citadel, Franklin Templeton, Nordea Investment Management and PIMCO to its SFTR reporting service.
Securities Finance
EquiLend adds new participants to NGT securities finance trading platform
EquiLend has taken the number of users for its flagship NGT securities finance electronic trading platform to over 100 firms.
BNP Paribas taps Northern Trust for global sec lending trading role
The French global custodian has hired Northern Trust's former APAC head of securities lending trading.
IHS Markit adds credit risk analytics to securities finance platform
IHS Markit will use Credit Benchmark’s credit risk analytics to offer additional performance measurement and reporting services.
Deutsche Bank combines leadership of securities services and agency lending after exits
The appointments follow a flurry of departures from the bank’s securities lending leadership team, with its global and regional heads recently joining MUFG.
JP Morgan-backed Wematch expands into ETFs securities lending
Wematch has gained investment from JP Morgan and Societe Generale for its matching technology and platform.
JP Morgan aims to free up balance sheet with new Eurex Repo service
Banks are attempting to find ways to reduce their capital-intensive repo trading activity in order to avoid penalties.
German central bank backs DLT for collateral management
Deutsche Bundesbank and Deutsche Boerse have outlined the several advantages DLT will bring to increasing the speed and availability of collateral.
Former State Street securities finance veteran joins ISLA
ISLA plans to fill a number of key senior positions this year that will enable it to deliver on several regulatory projects and market practice initiatives.
BNY Mellon extends interoperability model to tri-party collateral services
Interim CEO Todd Gibbons believes the interoperable model will help increase its global market share of the tri-party market.