BNY Mellon will offer its new digital assets custody and administration services later this year via new dedicated unit.
BNY Mellon predicts its new initiative will help traders predict approximately 40% of settlement failures in Fed-eligible securities.
Vontobel Asset Management will use State Street Alpha for front-office technology, investment operations and data services, and liquidity risk solutions.
LiquidityDrive data service to cover more than 460,000 global corporate and government bonds and combine executed trade settlement data with custody activity data.
New partnerships with Clearstream, Euroclear and Iberclear will provide a single point of access to minimise cross-border hurdles.
The majority of industry bodies and market participants will most likely focus their feedback on the settlement penalties and the buy-in components of CSDR.
HKEX will use DAML-developed smart contracts and has partnered with DTCC to streamline and automate Northbound Stock Connect post-trade processes.
In partnership with HPR, Wells Fargo is upgrading its trading platform in the latest enhancement to its prime services business.
The new service from BNY Mellon enables investment managers to retain control over the collateralisation of their non-cleared derivatives activities.
RBS confirmed NatWest Markets would shut its client clearing and execution business for listed derivatives in the first quarter this year.