Tag: Securities Finance

The application is the formal start of the launch process of a central clearing and settlement service for overnight equity securities financing. 

The newly created role will focus on the strategic direction of BNY Mellon’s financing, collateral and short-term liquidity offering.

The new capability is the next step in State Street’s goal to encourage buy-side clients sto participate in peer-to-peer trading activities in the securities finance market.  

Short-selling bans, lower market volumes and depressed fees result in an 11% drop in securities finance revenues during 2020.

Custodians are under scrutiny from their buy-side clients to develop new collateral management capabilities in order to help minimise the impact of UMR.

Development allow collateral providers and receivers to fully automate their RQV processing. 

Former vice president for international equity finance at JP Morgan joins Pirum as securities finance firm turns attention to North America.

Just over half of sell-side firms in a recent survey said they plan to use artificial intelligence for securities finance over the next 12 months.

State Street has aimed to offer new products and services to help combat consistent falls in revenues for its securities finance business. 

State Street has been appointed the securities lending agent for four Nuveen mutual funds with assets of over $4 billion.