Northern Trust rolls out machine learning tech for securities lending
Northern Trust will leverage machine learning to project demand for equities in the securities lending market and grow revenues.
Tag: securities lending
Securities lending lawsuit against Wall Street banks dropped
The lawsuit accused the six banks and their prime brokerage divisions had colluding to ‘boycott’ an electronic securities lending trading platform.
Securities lending dampens BNY Mellon’s asset servicing revenues in Q2
The decline means another disappointing quarter for the world’s largest global custodian as asset servicing revenues fell 8% year-on-year.
The tri-party landscape
With the results of Global Custodian's annual Tri-Party Securities Finance Survey set to be released, we take a look back over the past few years of Tri-Party surveys, what has changed and what persists?
JP Morgan bolsters APAC securities lending division with new trading head
Hire in Hong Kong sees JP Morgan tap BNP Paribas Securities Services for new APAC head of agency securities lending trading.
Taking a cleared approach to securities lending
The progress of securities lending clearing has accelerated over the past few years, and in 2018 the first buy-side transaction was cleared involving six market participants. Will this encourage further activity in a CCP model and will it translate in the US?
BNY Mellon goes live with cleared agent securities lending offering for buy-side firms
BNY said the transaction represents a major new route to market for its securities lending clients without the need to set up direct clearing membership.
Securities lending data firms complete end-to-end test for SFTR reporting
IHS Markit, Pirum Systems and Rabobank ran the test for reporting securities financing transactions to DTCC's trade repository.
Fidelity enhances in-house stock lending
Move away from third-party provider reflects growth in automation.
Standard Chartered partners with eSecLending for new agency lending service
The partnership will enable Standard Chartered to provide agency securities lending to both custody and non-custody clients.