Arcesium has hired the former global head of HSBC and Nomura's prime finance sales divisions to lead its expansion in Europe.
Explainable artificial intelligence model provides transparent and explainable AI-decisions in human language to help operational efficiencies and reduce manual validation.
The appointments are the latest in a series of senior leadership changes for Citi’s global securities services business.
A new study found the two-way initial margin rules for non-cleared derivatives will also result in a collateral shortfall of $60 billion alone.
Northern Trust is in the midst of a multi-year strategy of digitising its asset servicing business, with the aim to increase profitability and scale.
Asset owners have increased demands for technology solutions and near real-time data to support their in-house active investment operations.
The bank has set out to become a ‘digital-first organisation’, emphasising on client experience and productivity.
PIMCO will use OpenGamma’s technology in a bid to reduce margin financing costs for derivatives trading.
The new role will oversee all of Citi's technology teams across the global and sub-custody businesses, as well as fund, securities and issuer services.