SimCorp research finds only 7% of buy-side firms are ready to comply with the incoming rules in September.
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.
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 processed a record number of settled transactions over the year, equivalent to €791 trillion by value, an increase of 8%.
Asset managers concerned that the messaging tools custodians use for the collateral management process are behind the times.
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 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.
New service will enable collateral administration desks to stay current with changes in the market and regulations.