State Street expects buy-side clearing of repo financing to increase significantly among mutual funds and money markets funds in the US.
GC Legend takes up new role at Commerzbank as part of an organisational restructure.
Baton Systems has hired former Traiana CEO, Andrés Choussy, who takes on the role of COO at the firm.
BNP Paribas Securities Services has emerged as a leading derivatives clearing provider in Italy, having won a number of clearing and collateral management mandates.
DTCC recently broadened the category of market participants accessing the Fixed Income Clearing Corporation’s (FICC) cleared repo service.
BNY said the transaction represents a major new route to market for its securities lending clients without the need to set up direct clearing membership.
Many of the established custodians are remaining on the sidelines to see what exchanges and other market infrastructures will offer for tokenised securities.
TriOptima’s former CEO and Goldman Sachs veteran Stuart Connolly has been named chief executive at CloudMargin.
Lisa Dolly announces intentions to step down as CEO of Pershing after more than three years in the role.