The Depository Trust & Clearing Corporation’s central trade manager (CTM) service for US domestic trade matching has grown to more than 1,800 firms, with organisations further consolidating global post-trade flows on a single platform
Some 50 per cent of market participants responding to a Citi survey predict that immediate settlement will be achievable within five years, and emerging technologies, such as distributed ledger technology, will be a key factor for enabling this
EBA Clearing, SWIFT and TCH have completed a proof of concept as part of a new initiative to make cross-border payments as seamless as the fastest domestic payment options
“The HornbyChapman name and team, with their reputation for market knowledge and professionalism and solid track record of execution, is very attractive and I’m excited to be joining at such an important time for their growth," says John Barnes
Based in New York, Lehner will be responsible for driving the firm’s market strategy and client-facing activities including broader expansion globally, onboarding and servicing new clients and establishing new client relationships
The majority of client meetings have ESG on the agenda, affirmed Carlo Funk
Europe, Middle East, Africa head of ESG investment strategy at State Street Global Advisors, speaking at this year’s ALFI Digi Pulse US Virtual Conference
Citi has been appointed by BEA Union Investment Management as fund custodian and administrator for its first mutual fund restructure comprising five funds into an open-ended fund company structure