Authorities in Spain, Italy, France and the UK have all enforced bans on creating or increasing short positions on some securities in response to significant declines across Europe’s equities markets.
The acquisition created a joint global treasury management solution, which has become a key area of modernisation for hedge funds.
Partnership with SEC-registered transfer agent set to bring a new digital asset solution to institutional investors.
Global Custodian data analysed by Aite Group predicts prime brokerage revenues to soar in 2020, as banks face up to challenges in their service provision and business models.
Having launched in the summer of last year, TreasurySpring has already issued more than $1 billion of its Fixed-Term Fund (FTF) to over 25 clients.
State Street has seen several senior technologists leave over recent months, while also appointing a new CIO following a review of its tech strategy.
ESMA stated the growth in alternative investment funds NAV was associated to increased launches of new products in Europe.
The acquisition will provide FIS access to a range of new front-to-back office services for credit-focused alternatives fund managers.
The former global head of prime finance at HSBC has joined London-based alternatives manager Privium as COO.
Paloma Partners will leverage SS&C for a range of tax and regulatory reporting services, as well as fund administration and fund accounting.