HQLAᵡ receives SEC no-action relief for US market access
Decision allows eligible broker-dealers and banks to access platform under specific conditions for 36 months.
Technology
Northern Trust expands Saphyre partnership to support IOO clients
Collaboration targets end-to-end automation and transparency for investment operations outsourcing clients.
DTCC launches Rapid Issuance to streamline structured note processing at DTC
New service will allow faster time to market for structured notes, supporting higher volumes and improved data accuracy through automated issuance workflows.
Broadridge establishes institutional governance unit
Newly-created business brings together proxy voting and stewardship tools as the technology provider targets greater efficiency across governance workflows.
Nasdaq and Talos partner on tokenised collateral integration
The collaboration is expected to tackle the fragmentation of collateral and risk workflows across digital and traditional infrastructures and provide a unified framework for clients to scale tokenisation strategies.
Apex Group joins BlackRock’s Aladdin provider network; launches outsourced private credit model
Collaboration will allow clients to integrate Apex Group’s servicing capabilities and middle-office operations into their own Aladdin platform.
Clearstream and Euroclear go live with dematerialised Eurobond issuance services
ICSDs move to fully paperless issuance, marking a landmark step in the modernisation of the €15.3 trillion Eurobond market.
Alchelyst and Lyra Client Solutions complete merger
Joan Kehoe, founder and CEO of Alchelyst and former global head of alternative investment services at JP Morgan, will lead the combined company.
Proxymity enables digital voting for German issuers through Breukel tie-up
Several issuer agents have already adopted the solution, representing more than one third of all annual general meetings by German issuers.