The new mandate expands on the existing relationship between the firms which already includes execution for cash equities services
The appointment aims to provide outsourced trading solutions
Clients based on AccessFintech’s network will be able to instruct BNY Mellon to broker FX transactions based on these ‘predicted to settle’ insights before the end of the US trading day
The trades were conducted by BMO, CIBC, RBC, Scotiabank and TD
The move aims to enhance the speed of trade processing ahead of the US markets shifting to a T+1 settlement cycle
Douglas explains that the key challenges for AST are FX, corporate actions, stock lending and to make sure ‘no man is left behind’
DTCC’s institutional central matching service CTM has gone live with its automated triparty trade matching workflow for prime brokers, with Societe Generale becoming the PB client to employ this solution
The offering covers the full global post-trade lifecycle from issuance to closure and was adopted to reduce securities lending fails
Jack McRae speaks to a number of European fund administrators on how they are addressing some of the challenges facing the industry
With the increasing pace of transactions in global securities markets, Chris Elms, interim CEO of Euroclear UK and international, examines the implications of T+1 settlement in the UK, after the release of the Accelerated Settlement Taskforce’s findings and the expected market transition by the conclusion of 2027
Whikie Liu, strategy director for capital markets at Swift, considers the impact that North America moving to T+1 will have on markets across the globe and whether the world is ready for the shift
Demand for reliable data to support a front-to-back digital operating model are being superimposed onto longstanding requirements for efficient safekeeping, analytics and trade lifecycle management
As T+1 looms, Broadridge’s David Smith shares his thoughts on what firms should be focusing on
Ben Pumfrett of RBC Investor & Treasury Services talks to Jenna Lomax about the front office’s increasing demands for data, and how the company is helping to prepare its clients for shortened settlement windows
HSBC’s Joe Mernagh and Proxymity’s Nigel Little talk to Jenna Lomax about their new partnership, SRD II and what’s in store for both institutions in the coming months
David Smith, capital markets practice lead at Broadridge Consulting Services, talks to Jenna Lomax about Broadridge’s continuing goal to help clients reduce the complexity in their technology stacks
The Indian custody market embraced last year’s switch to T+1 and, according to three of the nation’s leading custodians, there is cause for more optimism
Brian Bollen discusses India’s move to T+1 and its growing custody and funds landscape
Jenna Lomax examines the repercussions of ASX’s recent decision to halt its mammoth CHESS project
It is no surprise that the COVID-19 pandemic dealt Italy and its economy a hard blow in the first half of 2020. Industry experts explain why 2021 has been a different story and outline what the future holds for the country’s asset servicing
