Fraction of buy-side firms ready for uncleared margin rules
SimCorp research finds only 7% of buy-side firms are ready to comply with the incoming rules in September.
Tag: collateral
Custody
Editors’ Choice Awards: Best Asset Servicing Project
Global Custodian takes a deep dive into the nominees for its Editors’ Choice awards at this year’s Leaders in Custody event, next up: the candidates up for Best Asset Servicing Project.
Spanish exchange group tests blockchain technology on collateral pledges
BME works with Renta 4 Banco on proof of concept for collateral pledges and said it saw an 80% reduction in the total times of end-to-end processes.
Euroclear’s settlement and collateral businesses drive revenues
Euroclear processed a record number of settled transactions over the year, equivalent to €791 trillion by value, an increase of 8%.
Buy-side pressuring custodians to modernise collateral messaging
Asset managers concerned that the messaging tools custodians use for the collateral management process are behind the times.
Deutsche Boerse-backed blockchain sec lending platform nears launch
Six banks have confirmed they have started the onboarding process and will join the platform at launch date, expected to be in the first half of 2019.
BNP Paribas to use FIS derivatives margin calculator
BNP Paribas will use the FIS solution to increase its visibility around initial margin on its cleared derivatives transactions.
Clearstream in advanced discussion with global custodians over blockchain securities lending platform
Clearstream's Philippe Seyll explained the taking-off point for the HQLAx platform will be to onboard a major player with tri-party capabilities.
New tokenised collateral system will make a ‘winner out of everyone’ as backers eye ambitious expansion
Tokenised collateral mobility system eyes expansion into cash and new regions ahead of market adoption at the end of the year.
SmartStream launches quality assurance testing as a service for collateral management
New service will enable collateral administration desks to stay current with changes in the market and regulations.