Mitsubishi UFJ Trust and Banking’s Global Securities Lending Solutions group has entered into a securities lending cash management partnership with Ohio-based Fort Washington Investment Advisors
Using Vermeg’s Easy Collateral product, Clearstream indicates that the solution will provide a consolidated view of ECB-eligible collateral at its CSDs and ICSD, along with enhanced liquidity management and collateral optimisation
The New Jersey-based provider of enterprise-wide SaaS solutions indicates that it will be using the fundraising to expand its global team and to extend the range of traditional and non-traditional assets supported through its peer-to-peer network
Ed Hochstadter, former J.P. Morgan veteran, joins Wematch as head of securities-based
lending sales and coverage for North America, where he will focus on developing US
securities lending coverage and product development
The results come ahead of the USD LIBOR conversion to SOFR in Q2 2023 – with more than 80 per cent of all new USD swap risk cleared by SwapClear now SOFR-based
The firms have formed a strategic partnership to deliver securities financing market data and services to clients, providing greater transparency in the equity and fixed-income securities financing business
Cassini Systems indicates that its technology will help Ocean Partners to conduct initial margin and variation margin analysis across its global derivatives exposures
Post-trade solutions company OSTTRA is enhancing its network to give market participants a real-time view into the status of exchange-traded derivative trades being cleared through Eurex
Michiel Verhoeven will join the firm in April 2023 from enterprise application software provider SAP, where he is currently managing director of SAP UK and Ireland