Clearstream, Deutsche Börse Group’s post-trade services provider, has established a collaboration with Carlyle, the global investment firm, to broaden the distribution of Carlyle’s open-ended private markets solutions to wealth management clients. This partnership will leverage Clearstream Fund Services’ distribution platform, simplifying access to private market funds for a wider investor base. It aims to improve…
Category: Capital Markets
FundBank wins Lux licence
FundBank (Europe) S.A. is now live in Luxembourg, fully licensed by the European Central Bank and regulated by the CSSF. This authorisation as a full credit institution enables FundBank to serve clients across the European Union, delivering a compliant, cross-border banking infrastructure to the alternative investment fund (AIF) industry. FundBank supports the full lifecycle of…
AccessFintech launches FI settlement solution
Synergy from AccessFintach, the fintech, has launched Settlement Netting, which aims to improve operational efficiency in the fixed income markets. Synergy by AccessFintech captures data from a wide range of asset classes, including securities, derivatives, alternatives, and payments, enabling data transformations across network participants. J.P. Morgan and Citi were instrumental in the establishment of the…
BNY pilots first intraday repo trade
BNY has piloted the first intraday repo trade settled through its triparty infrastructure. The USD-denominated pilot transaction, which took place in February, saw UBS borrowing cash from Swiss Re while delivering collateral via BNY’s global collateral platform.
Pirum hires from J.P. Morgan
Pirum, the fintech for securities finance automation and collateral management, has hired Ed Corral as head of collateral services. Corral joins Pirum’s New York office to lead the expansion of CollateralConnect, the firm’s collateral management and optimisation solution. Corral joins Pirum from J.P. Morgan, where he was global head of collateral management.
BBH and MUFG sign sec lending deal
Brown Brothers Harriman has entered into an arrangement with MUFG Investor Services, a division of Mitsubishi UFJ Trust and Banking Corporation (MUTB), under Mitsubishi UFJ Financial Group, Inc, for the provision of enhanced securities lending services to BBH’s asset manager and financial institutions clients globally. BBH clients will benefit from an enhanced securities lending product…
Pirum hires from Rimes
Pirum, the fintech for securities finance automation and collateral management, has hired Rhys Chapman as global customer success director, overseeing customer success, client services, and client onboarding. Based in London, Chapman joins from Rimes.
Hazeltree appoints new CEO
Hazeltree, a provider of treasury and liquidity management solutions, has appointed Lokesh Seth as CEO, following the recent departure of Stephanie Miller. Hazeltree also made additional leadership appointments: Douglas Trafelet has joined as chief commercial officer, whilst Kyri Yiannakis has been promoted to chief client officer.
Pirum signs Sharegain
Pirum, the fintech focused on securities finance automation and collateral management, has signed Sharegain, a securities lending fintech, for Pirum TradeConnect.
Pirum hires for U.S. expansion
Pirum, the UK-based technology provider for securities finance automation and collateral management, has hired Reid Cheyne as director of fixed income sales, Americas. Following RepoConnect’s success, he will lead on accelerating Pirum’s expansion in the U.S. and wider North America’s fixed income industry. He was most recently at Citi, where he moved from directing fixed…