Glossary | Securities Finance Times

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Global Securities Finance News and Commentary

Glossary

Collateral

Assets pledged by a borrower to secure a loan or other credit and subject to seizure in the event of default.

Collateral News

People moves
GLMX appoints Verheijen as Director of Business Development Europe

Based in Amsterdam, Kristiaan Verheijen is responsible for supporting the expansion of GLMX's business development activities across the European market

Industry
ISLA: Tokenised collateral moves towards scale

Speakers at ISLA’s 33rd Annual Securities Finance & Collateral Management Conference explored how tokenisation, digital market infrastructure, and intraday liquidity could reshape securities finance

Regulation
ISLA: A phenomenal pace of change sets the regulatory agenda

The 33rd Annual Securities Finance & Collateral Management Conference in Lisbon hosted several discussions on the market, including on global advocacy, regulatory, and legal highlights shaping the securities finance

Industry
BNP Paribas and BCC Risparmio & Previdenza form mandate

Under this mandate, Securities Services at BNP Paribas provides BCC Risparmio & Previdenza with services including custody, fund accounting, and OTC collateral management

Repo
Euronext and BNY collaborate to enhance collateral management

Euronext joins a growing number of central counterparties using BNY’s collateral solutions to support efficient and scalable cleared market activity

People moves
Summerhayes departs UniCredit

Michael Summerhayes leaves his role as director, where he worked as desk head for securities finance and repo across institutional accounts and banks

Technology
Broadridge and Pirum connect platforms

The collaboration reflects a shared commitment to improve connectivity across the securities finance ecosystem

People moves
Pirum promotes Stillwell

James Stillwell will lead product management for CollateralConnect, Pirum’s cross-venue collateral management and optimisation platform