State Street has added pre-and post-trade optimisation and margin analytics capabilities to its Collateral+ service. In partnership with Cassini Systems, a provider of pre- and post-trade margin and collateral analytics for derivatives market participants, Collateral+ now offers an integrated, modular approach to optimisation, which addresses collateral efficiency from multiple angles. It Through Cassini’s technology, Collateral+…
Category: State Street
State Street partners with RIMES
State Street has struck a deal with RIMES, the U.S.-based data partner for asset managers, asset owners, and service providers, to enhance State Street Alpha, its front-to-back solution. Through this partnership, State Street Alpha clients will benefit from RIMES’ expertise and experience with the global index provider marketplace, leveraging its operational capabilities and infrastructure. This…
State Street to support new VanEck Bitcoin ETF
VanEck, the U.S.-based manager with USD82.2bn AuM, has announced the imminent launch of its VanEck Bitcoin Strategy ETF (XBTF), an actively managed ETF that seeks capital appreciation by investing in standardised, cash-settled bitcoin futures contracts. XBTF is expected to list on Cboe on November 16, 2021. XBTF is the first ETF in VanEck’s suite of…
Cesar Estrada joins Arcesium
Cesar Estrada has joined Arcesium, a U.S.-based fintech and administrator that is partly backed by J.P. Morgan, as its private markets segment head. He was previously at State Street.
CRD names new head of EMEA
Charles River Development, a State Street company, has appointed Caroline O’Shaughnessy as head of EMEA, where she will be responsible for all business oversight within the region. She joins from The London Stock Exchange Group, where she was chief client officer, global head of sales and marketing for its information services division, and group head…
State Street combines FX platforms
State Street has combined its FX execution and post-trade platforms – FXConnect, Currenex and TradeNeXus – into a single platform, GlobalLink FX.
State Street names new chief risk officer
State Street has named Brad Hu its chief risk officer, effective January 1, 2022. Hu succeeds Andrew Kuritzkes, who is retiring from State Street. Hu was previously the chief risk officer at Citigroup.
State Street hires senior managers for Australia & SE Asia
State Street has appointed Tim Helyar as head of Australia and Kevin Hardy as head of Singapore and Southeast Asia. Both report to Mostapha Tahiri, chief executive officer for Asia Pacific. Helyar joins after almost two decades at J.P. Morgan Investor Services where he was most recently head of fund services product development for Asia…
State Street records first P2P repo trade
State Street has closed the first transaction within its peer-to-peer repo program following its launch earlier this year. The trade was executed between a large asset owner and a non-traditional investment manager. The program seeks to facilitate overnight and term repo trading between buy-side counterparties, including traditional and non-traditional asset managers, asset owners, insurers, corporates,…
State Street wins digital custody mandate
State Street has been appointed to provide custody services to the Digital Securities Depository Corporation (DSDC). DSDC operates a cross-border securities settlement infrastructure with third-party regulated financial institutions to create, issue and service digital depositary receipts (DDRs) in the US public market. The securities underlying the DDRs will include the non-US listed equity securities DSDC…