DTCC-Euroclear Global Collateral continues to ring in changes with NEX margin call link
DTCC-Euroclear Global Collateral partners with NEX to improve OTC derivatives margin call processes following changes in its senior leadership roles.
Technology
SS&C identified as last-minute bidder for Fidessa
The revelation comes off the back of its recent agreement to buy DST Systems for $5.4 billion.
HSBC partners with FinTech and asset managers for cloud-based data platform
Custody banks are seeing the value in collaborating with new service providers and FinTechs over data solutions.
Deutsche Boerse and HQLAX to build blockchain platform for securities lending
Deutsche Boerese and FinTech firm HQLAX will jointly use R3's blockchain technology for the securities lending platform.
Northern Trust debuts blockchain tech for private equity auditing
The launch comes one year after Northern Trust partnered with IBM in first commercial deployment of blockchain for the private equity market.
Technology
New BNY Mellon CEO ups tech spend to remove manual custody processes
In his first investor day, Charlie Scharf highlighted the technological changes he will look to implement throughout the various BNY Mellon businesses.
BNY Mellon integrates intermediary analytics into asset servicing
Asset managers require data analytics and tools from custodians to help drive business decisions and improve product strategies.
Vermeg completes Lombard Risk acquisition
The deal will see collateral management, regulatory reporting and compliance products used by banks and buy-side firms added to Vermeg’s product line.
Major asset managers join IZNES blockchain project
Blockchain project IZNES completes first fundraising round as 13 new asset managers sign up to the platform.
IBM study slams derivatives clearing, prime brokerage systems
The study explained outdated systems used by clearing banks and prime brokers are not fit for purpose for today’s current regulatory environment.