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‘Keep your LEIs close, but keep your IRC closer’, says PASLA panellist
14 March 2023 Asia-Pacific
Reporter: Carmella Haswell

As the Korean market strives to attain Developed Market status from MSCI, recent government announcements are expected to bring a level of improvement in liquidity and settlement within Korea, according to a PASLA panel

ISLA releases new GMSLA templates
14 March 2023 UK
Reporter: Carmella Haswell

Accompanying the 2000, 2010 and 2018 versions of the Global Master Securities Lending Agreement, ISLA indicates that the templates will provide a point of reference for parties that have not otherwise developed their own

Broadridge hires Allpress
13 March 2023 UK
Reporter: Carmella Haswell

Nicole Allpress joins Broadridge as senior product owner after more than 20 years at FIS and SunGard Securities Finance

DTCC launches service to support transition from LIBOR benchmark rates
13 March 2023 US
Reporter: Bob Currie

The Depository Trust and Clearing Corporation has launched a LIBOR Benchmark Replacement Index solution to support the industry’s transition to alternative benchmark rates ahead of the 30 June LIBOR cessation

Eurex Clearing to release ESG clearing solution in April
13 March 2023 Germany
Reporter: Bob Currie

The product will provide screening of securities collateral against climate metrics supplied by Deutsche Börse subsidiary ISS, while also evaluating sustainability credentials of counterparties

Comyno appoints chief technology officers for C-ONE
13 March 2023 Germany
Reporter: Carmella Haswell

Jan Lenhart is promoted to director of Comyno DLT and chief technology officer for C-ONE Securities Finance, while Raphael Wutzke becomes CTO of C-ONE Connectivity

Many market participants remain unprepared for move to T+1, finds ValueExchange
09 March 2023 UK
Reporter: Jenna Lomax

Barnaby Nelson, CEO of the ValueExchange (pictured), says: “A consistent 40 per cent of market participants are still unsure of how and when they will prepare for the move to T+1 settlement"

EACH establishes Women in Clearing Network
09 March 2023 EU
Reporter: SFT

This group, promoted by the European Association of Clearing Houses, provides a forum for discussion and development by connecting women in the CCP-clearing world and is open to all women with a professional interest in clearing activities

Eris Innovations closes US$7.2 million investment round
09 March 2023 US
Reporter: SFT

The news follows an announcement on 27 February that Eris SOFR swap futures will be eligible for portfolio margining with IRS cleared through CME Group, offering significant potential reduction in hedging costs

OSTTRA contributes to ETD data standard initiative
09 March 2023 UK
Reporter: Lucy Carter

The project aims to improve data quality and operational efficiency and reduce systemic risk through the minimisation of breaks on trade date

Zodia Custody and Hogan Lovells partner on digital asset custody paper
08 March 2023 UK
Reporter: Lucy Carter

With increasing numbers of firms diversifying their offerings and embarking on digital assets projects, the paper aims to provide a better understanding of digital asset custody to the industry

Kaizen Reporting buys majority stake in London Reporting House
08 March 2023 UK
Reporter: Bob Currie

With the equity purchase, London Reporting House’s repo market tools and analytics will be available through Kaizen’s web-based regulatory information and compliance platform known as Kaizen Hub