State Street dips its toe into tri-party services as new phase of UMR rules hit the buy-side
Custodian leans on securities finance expert to launch tri-party services on Collateral+ platform after successful testing and partnerships with FinTechs.
Tag: UMR
Citi hires derivatives expert for head of EMEA collateral services
The hire comes as custodians and buy-side firms rush to set up collateral management arrangements before the next phase of the uncleared margin rules.
TriOptima sets up direct connectivity to main tri-party agents
Clients will now gain direct connectivity to BNY Mellon, Clearstream, Euroclear and JP Morgan, via SWIFT, for sending and receiving collateral instructions.
State Street strengthens APAC collateral management team
New head joins from Credit Suisse and brings almost two decades of experience in securities finance, liquidity and financial resource management.
Clearstream and CloudMargin launch automated collateral solution ahead of next UMR phase
The solution will target certain banks and buy-side firms that will be required to establish tri-party collateral management arrangements for the first time.
BNP Paribas Securities Services extends initial margin services in APAC ahead of new rules
The bank’s initial margin service will enable APAC-based firms to outsource their initial margin models and processes ahead of the incoming UMR rules.