State Street polled 300 buy-side firms and found that less than a fifth were fully ready to comply with UMR from September 2021 or September 2022.
BNY Mellon has centralised the leadership for the bank’s capital markets businesses which include Pershing, Clearance and Collateral Management, and Markets.
Capitolis intends to use the funds from this latest investment to further accelerate its technology and product development.
LSEG had previously stated it is considering offloading Borsa Italiana to alleviate competition concerns about its Refinitiv acquisition.
The creation of the role signals BNY Mellon’s intent to build a new business line dedicated to providing near-real-time data and analytics solutions to investment managers.
Majority of banks and brokers will be ready for ASX blockchain-based post-trade system in 2022, says exchange
A recent consultation by the ASX on the CHESS replacement timetable, showed around 91% of CHESS users said they will be able to meet the revised go-live date.
Deutsche Bank's former head of prime brokerage Americas sales joins Cowen to bolster global securities finance division.
The proposal came in response to a request from the European Commission to further postpone the Settlement Discipline Regime.
Marquee Connect project will see Goldman Sachs develop a virtual way for hedge funds to connect with prospective investors.
By leveraging previously established bots for a new digital solution, BNY Mellon and Deutsche Bank are aiming to improve custody processes for emerging market currency trades.