The company’s new technology programme, 1Source, will use emerging technologies to address risk, cost and inefficiency in the securities finance industry, starting with eliminating reconciliation breaks and associated settlement fails
The EU securities market regulator has launched a consultation to assess industry reaction to proposed changes to cash penalty procedures under the Central Securities Depositories Regulation
New report by the BIS, IMF and World Bank says central banks must review multinational interoperability and foreign investor access to secure best use of central bank digital currencies in cross-border payments
Repo fail rates are “still too high” and this reflects poorly on the London market, says BoE Committee, with low liquidity, COVID challenges and upstream failures in an interlinked chain of transactions contributing to the rise
ING Group has spun out Pyctor’s digital post-trade market infrastructure technology to GMEX Group to strengthen the market infrastructure vendor’s MultiHub platform
MUFG Investor Services has appointed Matthew Russo (pictured second from left) and Zana Hadzovic (pictured second from right) to its global securities team