Bank of England’s director for financial market infrastructure highlights the reduction of costs and risks in shortening the settlement cycle.
The past week saw a C-suite switch up and appointments across equities, sales trading and post-trade.
The move with LSEG’s Yield Book business is set to enable SimCorp to complement its Axioma Risk models and portfolio construction capabilities.
Expansion aims to provide increased access to the US markets for traders, particularly those based in APAC.
Acquisition includes bond indices spanning government, credit, and emerging markets bonds; set to help bolster the firm’s fixed income index capabilities.
Following the taskforce report published on 6 February, the FCA is calling on the industry to engage and start planning as soon as possible.
New offering will help address the legacy system update needs of banks, hedge funds, market-makers, and asset managers.
New appointment has previously held senior positions at Morgan Stanley MUFG Securities and at the Development Bank of Japan.
The past week saw appointments across trading solutions, sales trading, execution, analysis, and fixed income trading.
The TRADE sits down with Mike Sleightholme, head of asset management and president of Broadridge International, to discuss predictions for 2025, expected challenges that the buy- and sell-side will face and regulatory alignment within the UK and EU.