Tag: Emerging markets

Covering some of Europe’s emerging markets, Stewart Gladstone, head of segment and solutions, banks and financial institutions at ‎Societe Generale Securities Services, is calling for some of the positive changes from the COVID-19 environment to become permanent features.

Emerging markets are attracting increased securities lending activity from international investors as beneficial owners seek new revenue streams, and positive developments in China and Saudi Arabia are fuelling this further, according to Adnan Hussain, global head of securities lending at HSBC. 

For some of the Standard Chartered’s clients, the partnership marks the first integrated front-to-back solution is available for emerging and frontier markets.

The move is the latest in Citi’s efforts to grow its securities services capabilities in emerging and frontier markets.

Service providers rated in the 2020 Agent Banks in Emerging Markets (ABEM survey) appear to have impressed clients over this unusual year, with its multiple operational challenges. 

The unprecedented wave of market updates network managers had to deliver to clients have sparked demands for markets to adopt permanent digitalisation efforts.

The two banks with leverage previously established bots for a new digital solution aimed at improving custody FX processes for emerging market currency trades. 

The new link is part of Clearstream’s wider strategy to link emerging and frontier markets to its international central securities depository (ICSD) structure.

The project aims to analyse current post-trade mechanisms in EMDCs and come up with a set of best practices for local market regulators.