Over 300 of an estimated 330 counterparty groups, covered by Phase 5 of the Initial Margin (IM) rollout under the Uncleared Margin Rules (UMR), have been successfully onboarding to AcadiaPlus
Laura Klimpel tells AST that the new service will deliver a number of benefits to the industry including opportunities for increased capital efficiency for both borrowers and agent lenders
All recognised securities lending associations, and other financial market associations with an interest in securities lending, are welcome to join the group, which will convene quarterly through virtual meetings
The bank has gone live with additional modules of the Calypso platform for cash and fixed income products in an effort to enhance its real-time position monitoring and automated settlement
The survey, included in a whitepaper entitled Corporate Actions Processing, finds that just under half of all respondents (49.1 per cent) cite legacy technology as their greatest challenge standing in the way of them automating their corporate action
State Street will take over BBH’s Investor Services business, including its custody, accounting, fund administration, global markets and technology services, for US $3.5 billion
“With elevated trade activity and capital inflows industry-wide, we continue to emphasise the importance of robust infrastructure and operations for the hedge fund industry," says Declan Quilligan
OSTTRA is designed for the global over-the-counter markets across interest rate, foreign exchange, equity and credit asset classes, incorporating CME Group’s optimisation businesses – Traiana, TriOptima, and Reset – and IHS Markit’s MarkitSERV
