Global financial services firm Northern Trust has reorganised its middle-office support functionality to help clients manage central clearing of some OTC derivatives instruments.
A memorandum of understanding signed with Newedge and EuroMTS will promote the use of Euroclear's global Collateral Highway as a means to manage collateral for tri-party repo transactions conducted on the Newedge/MTS Agency Cash Management platform in Europe.
Continued uncertainty on the availability of collateral once new OTC derivatives rules kick in is leading some buy-side firms to exit the swaps market altogether, suggests the latest asset management survey by Ernst and Young.
The assumption that central clearing of OTC derivatives will promote healthy collateral transformation opportunities has been called into question by several observers.
MarketPrizm, a provider of low-latency trading services, has expanded its Asian footprint after installing fully-managed network and data services at the Australian Securities Exchange's Australian Liquidity Centre.
Compliance teams are buckling under the weight of global regulation and need the support of their board and supervisory authorities, according to a new survey by Thomson Reuters.
While electronic trading and settlement have been eagerly adopted by market participants with positive impacts on cost and efficiency, automation of the intermediate post-trade processes of confirmation and affirmation continues to lag.
The plethora of impending regulation poses the greatest challenge to the global asset management community, according to a survey from trading technology provider Linedata.
Tech firms are expecting a boon from an increasing number of alternative fund launches in Singapore and across the Asia region this year.