State Street tests blockchain for securities lending
State Street is concluding its testing of a blockchain system from securities lending and is pondering its roll-out in 2017.
collateral
Why pending rate rises fuel the need for collateral optimisation
Eight years on from the global financial crisis, and banks continue to face a growing number of challenges. Many have ceased or significantly reduced proprietary trading, with the resulting reduction in both risk and reward. This period has also seen lower risk appetite among many investors and continuing global competition which has put pressure on profit margins,
Collateral management moves to centre stage
Collateral management as it is currently known will no longer exist within a few years as increased regulatory demands, rising levels of automation and growth of industry tools to optimise collateral transform the industry, according to a new survey and report by Sapient Global Markets.
BNY Mellon rolls out Bloomberg collateral management link
BNY Mellon has added a link to Bloomberg to its AccessEdge investment management service, which the bank says will help clients to better manage their collateral.
BNP Paribas creates Collateral Access umbrella for buy- and sell-side clients
BNP Paribas Securities Services has added Collateral Access, an integrated and comprehensive collateral management system for both buy-side and sell-side clients.
Collateral efficiencies could cost $53bn – and weaken risk control
The cost to fully upgrade the financial industry’s infrastructure to make efficient use of collateral will reach $53 billion, according to new research by Celent – but too much standardisation could do more harm than good, warns SIX Securities Services.
Standard Chartered targets collateral shortfall
Standard Chartered has enlisted Clearstream and Euroclear to make more efficient use of collateral, as tough new financial regulations drive investor fears of an impending collateral shortfall.
BNP looks to standard Swift messages for improved collateral protection
BNP Paribas Securities Services and Swift are collaborating to enhance the bank’s collateral protection solutions for corporate, buy-side and sell-side clients. The bank has set up “Margin Project”, planning to integrate Swift’s standardised tri-party collateral messages to ensure full compliance with the upcoming regulatory requirements on OTC transaction, mitigation of counterparty risk, asset safety and […]
Citi sets out segregated collateral service
As tough new rules requiring the collateralisation of OTC derivatives take hold in Europe and the US, Citi has retooled its OpenInvestor investment services to include segregated collateral custody accounts – a move the bank says will help mitigate counterparty risk and improve collateral efficiency.
Clearstream allies with Belgium’s Belfius
German central securities depository Clearstream has partnered with Belgian bank and insurance firm Belfius, to develop a new collateral service for bilateral trades, focusing on OTC derivatives and aimed at corporates and medium-sized banks.
LatAm #paytech Bamboo names Francisco León as its first CEO Bamboo believes it is in “a unique position” to capita… twitter.com/i/web/status/1…
Tackling the triple challenge: digital fatigue, decision fatigue, and scarcity mindset Today’s consumers are navig… twitter.com/i/web/status/1…
B2B #fintech Plastiq files for #bankruptcy, enters deal with Priority Founded in 2012 and based in San Francisco,… twitter.com/i/web/status/1…
Top five stories of the week > Anne Boden to step down as CEO of @StarlingBank > Pipe builds “#fintech dream team”… twitter.com/i/web/status/1…
Why is @Apple taking a bite out of #banking? I am, on the whole, a delighted Apple customer. And as a #fintech spe… twitter.com/i/web/status/1…
FinTech Futures #Jobs: Despite London being a global superhub for #fintech and the UK being ranked as the European… twitter.com/i/web/status/1…
#Crypto app @TapGlobalPlc appoints David Hunter as chairman He will replace John Taylor, who will remain on the co… twitter.com/i/web/status/1…
At FinTech Futures, we know that it can be easy to let funding announcements slip you by in this fast-paced industr… twitter.com/i/web/status/1…