BNP Paribas Securities Services is expanding its market and financing services for clients in Asia Pacific with the launch of a new agency securities lending desk in Hong Kong. This desk will complement existing services offered in Sydney, London and New York. BNP Paribas has appointed Anthony McDonald to head up the Hong Kong agency…
Category: Capital Markets
HSBC facilitates new sec lending transactions in mainland China
HSBC has facilitated securities lending transactions conducted by China Asset Management (Hong Kong) Limited in mainland China. The two transactions, executed on the Shanghai Stock Exchange and Shenzhen Stock Exchange, are among the first batch of securities lending transactions via the Qualified Foreign Institutional Investors (QFII) scheme. HSBC is the custodian, providing services including investment…
State Street upgrades Fund Connect client interface
State Street has marked the twentieth anniversary of its Fund Connect platform with a new user interface, featuring the addition of a widget enabled customisable dashboard. Fund Connect is a global trading, analytics and cash management tool with access to more than 400 money market funds.
Bloomberg links BSKT with Brown Brothers Harriman
Bloomberg has established a new streamlined workflow between BSKT, its primary market solution for ETFs, and Brown Brothers Harriman. It claims to be the first real-time solution that provides authorized participants with a single interface for ETF order taking and negotiating ETF baskets. BSKT is a primary market solution for negotiation, ticketing and routing ETF…
Broadridge links LTX corporate bond trading platform to CRD
Broadridge Financial Solutions, the U.S.-based fintech solutions provider, has integrated its new AI-driven digital trading platform, LTX, with Charles River Investment Management Solution as part of a strategy to improve efficiency in the corporate bond market. Broadridge recently appointed Art Certosimo as chairman of LTX.
State Street & SimCorp to partner on EMEA insurance sector solutions
State Street and SimCorp, an investment management solutions and service provider, have announced their intention to form a business partnership to provide a fully integrated, front-to-back investment outsourcing solution for insurance firms in EMEA. EMEA-based insurance companies will have access to SimCorp Dimension’s cloud-based, multi-asset class capabilities, advanced accounting functionality and managed services, together with…
Citi extends partnership with Netwealth to include E2C
Citi has agreed to extend its partnership with Netwealth, a fund platform based in Australia, as its provider of global custody, global and domestic equities execution and fund administration. Netwealth will be the first Australian wealth platform to have access to Citi’s Execution to Custody (E2C) service, which provides global execution, settlement and custody services…
State Street reshuffles Alpha senior management team
State Street has reshuffled its leadership team for State Street Alpha, its open, front-to-back investment servicing platform for institutional and wealth management firms. State Street Alpha provides an outsourced platform across front office solutions, analytics, liquidity, data management, and outsourced middle and back office services. Spiros Giannaros has been named chief executive officer of Charles…
State Street hires James Day as global head of prod dev for sec finance
State Street has appointed James Day as global head of product development for securities finance. Based in London, he will be responsible for delivering new products, managing regulatory change and providing business solutions. He will report to Martin Tell, global head of securities finance. He was most recently head of securities finance in EMEA at…
BNY Mellon hires Robin Vince from Goldman Sachs as CEO of global market infrastructure
BNY Mellon has appointed Robin Vince as a vice chair and CEO of global market infrastructure. Vince will report to Todd Gibbons, CEO of BNY Mellon, and will join BNY Mellon’s ExCo. He will have oversight of BNY Mellon’s clearance and collateral management, treasury services, markets and Pershing businesses. He joins from Goldman Sachs, where…