PIMCO will use OpenGamma’s technology in a bid to reduce margin financing costs for derivatives trading.
State Street has hired a former buy-side executive from HSBC Securities Services to lead its sales initiatives across products and buy-side client sectors.
Asset managers and pension funds have expressed concerns the CSDR mandatory buy-in regime will impact liquidity and increase costs.
BNY Mellon has poached State Street's former head of global client solutions to lead asset servicing sales in the Americas.
Data strategies, technological challenges, and front-to-back office operating models dominated the discussions at InvestOps Europe 2019 in London.
Data management strategies have become a focal point for buy-side operations teams, as they look to find new ways to support investment decisions.
New cultural challenges and the technological nature of the business has led to different personnel within buy-side operations teams.
The French bank has onboarded eight clients across Europe onto its front-to-back outsourcing platform CrossWise.
State Street expects buy-side clearing of repo financing to increase significantly among mutual funds and money markets funds in the US.
The Chicago-based custodian is leveraging new technologies to provide a suite of investment analytics tools for global institutional clients.