JP Morgan and Baton Systems team up to expand CCP coverage for collateral management
Clients of JP Morgan will be able to access an automated collateral optimisation process for cleared derivatives across 13 CCPs globally.
Clients of JP Morgan will be able to access an automated collateral optimisation process for cleared derivatives across 13 CCPs globally.
Arbitrary and capricious rules will hurt investors and markets, say industry bodies.
The transaction is aimed at increasing the liquidity of African Sovereign Eurobonds and incentivising Sustainable Development Goals (SDG)-related investments in Africa.
Hedge funds and buy-side firms can now access global securities lending data with Orbisa listing on Snowflake Marketplace.
The solution aims to empower clients through operational efficiency and a significant reduction in settlement costs.
Rule 10c-1a has been adopted by the SEC with the aim of increasing transparency in the securities lending market. It requires lenders of securities to report the material terms of securities lending transactions to a registered national securities association (RNSA). Global Custodian spoke to Madhu Subbu, head of securities finance technology at Clear Street, to understand the implications of the new rule for the securities lending market.
GLMX believes that the importance of central clearing will continue to grow in light of the current global regulatory landscape.
During his six years in the role, Challice oversaw a period of sustained growth for JP Morgan’s securities financing and collateral management business.
Custodian extends its partnership with Australian superfund which already includes custody services.
Pilot of initiative aiming to be a single source of truth for securities lending industry; begins with fully automated DLT system set to go live across the market in 2024.