HSBC has supported the launch of the European Investment Bank’s first bond under the Eurosystem’s exploratory work on new technologies for wholesale central bank money settlement. The EUR100m EIB bond was issued on the HSBC Orion digital assets platform in euros, under Luxembourg law, and settled using wholesale central bank digital currency on the Banque…
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HQLAx leads repo trial on DLT
HQLAᵡ, Clearstream and Eurex Repo have collaborated to facilitate intraday DvP repo transactions using DLT in the ECB trials. The ECB trials are part of the Eurosystem exploratory work on new technologies for wholesale central bank money settlement, with trials denoting production transactions using real securities and cash. The transactions took place between Goldman Sachs…
Waystone appoints Cayman head
Waystone, the European provider of specialist services to the global asset management industry, has appointed Alaina Danley as Cayman country head. She has been at Waystone for more than 12 years.
FINBOURNE appoints Asia sales head
FINBOURNE Technology, the UK-based fintech, has appointed Peter Edwards as head of sales for Asia, based in Singapore. He joins from Eagle Investment Systems, a BNY company.
Arrow Global appoints SEI
Arrow Global Group Limited, a European alternative asset manager specialising in private credit and real estate, has selected SEI to support its fund administration, loan operations, and investor services for its private credit fund domiciled in Luxembourg.
Grande joins U.S. Bank
U.S. Bank has appointed Thomas Grande as an alternatives relationship manager in its global fund services business. He is based in Boston and joined from Aliter Investment Services.
DTCC hires from BlackRock
DTCC has appointed Michael Winnike as managing director, clearing & securities services (CSS), strategy and market solutions. He reports to Brian Steele, managing director, president, CSS. Winnike has nearly 20 years of industry experience, most recently as director, market structure, at BlackRock.
Pictet deploys Fenergo solutions
Pictet, the Geneva-based investment group, has deployed Fenergo’s CLM solution to enhance its asset servicing capabilities. Fenergo is a European provider of AI-powered solutions for KYC, transaction monitoring, and CLM. FundPartner Solutions (Europe) SA, the Pictet Group’s European fund management company, offers a range of services to asset managers and investment funds, including fund administration,…
Komainu wins CoinShares ETF mandate
Komainu, the C.I.-based digital asset service provider and custodian which is backed by Nomura, has been chosen by CoinShares as custodian for the SEC-approved CoinShares Valkyrie Bitcoin Fund. CoinShares acquired Valkyrie Funds LLC earlier this year as part of its expansion into the U.S. market. This acquisition included the sponsor rights to the Valkyrie Bitcoin…
Cboe to clear European SFTs
Cboe Clear Europe, the pan-European clearing house, has received regulatory approval to clear European securities financing transactions (SFTs), granted by De Nederlandsche Bank and the Autoriteit Financiële Markten. With this approval, Cboe Clear Europe is set to introduce a first-of-its-kind service for European SFT transactions in cash equities and ETFs, which includes central clearing, settlement…