Northern Trust deploys machine learning for securities lending
Northern Trust will leverage machine learning to project demand for equities in the securities lending market and grow revenues.
Northern Trust will leverage machine learning to project demand for equities in the securities lending market and grow revenues.
BNY said the transaction represents a major new route to market for its securities lending clients without the need to set up direct clearing membership.
MiFID II is set to be a game-changer for ETFs, and will see them used in a wide variety of ways from securities lending to collateral.