Custodians are under scrutiny from their buy-side clients to develop new collateral management capabilities in order to help minimise the impact of UMR.
Tag: collateral management
Development allow collateral providers and receivers to fully automate their RQV processing.
State Street will continue to provide collateral management services for the complete mutual fund range of Union Investment in Germany and Luxembourg.
The new service enables investment managers to retain control over the collateralisation of their non-cleared derivatives activities.
Transcend aims to use the new funding to rapidly scale product and sales infrastructure for custodian banks and prime brokers.
The two vendors will offer a joint solution facilitating end-to-end straight-through processing of derivatives transactions and collateral management workflows.
Primary investors Citi, Deutsche Bank, and Deutsche Börse raised $15 million for CloudMargin in its largest funding round to date.
The study from State Street of 300 buy-side firms showed less than a fifth were fully ready to comply from September 2021 or September 2022.
BNY Mellon has centralised the leadership for the custodian’s capital markets businesses which include Pershing, Clearance and Collateral Management, and Markets.
JP Morgan gives buy-side clients an eagle-eye view of their assets to meet rising collateral demands
JP Morgan's Collateral Transport tool will act as the 'brain' for buy-side firms to manage assets used for securities lending or to meet margin calls.