State Street processes $140 billion of client-cleared repo transactions
State Street expects buy-side clearing of repo financing to increase significantly among mutual funds and money markets funds in the US.
State Street expects buy-side clearing of repo financing to increase significantly among mutual funds and money markets funds in the US.
The exchange's new DLT solutions team has been created to look at other ways the ASX can use the technology in the equities and non-equities space.
Northern Trust will leverage machine learning to project demand for equities in the securities lending market and grow revenues.
The new dealing services will enable distribution of Irish UCITS ETFs to the Asia-Pacific and Latin America regions.
The firm is using new technologies to provide a suite of investment analytics tools for its global institutional clients.
The co-head of Citi’s Americas prime finance business has left after two years with the US bank.
The new division is the latest in a string of restructuring moves in recent months as Citi looks to streamline its businesses.
The final phase would have enforced thousands of asset managers, hedge funds and insurers from September 2020.
State Street's chief executive explained this period of ‘extraordinary price pressure’ could be levelling out for the global custodian.
Global custodians are increasingly seeking to evolve their business models, which have traditionally centred on the back-office, to include front-office services.