The new solution with Citi is designed to integrate with wealth managers’ existing IT infrastructure and provide a fully-digital user experience for underlying customers, from opting into the programme through to managing their lending
“Calypso’s technology allows its world-class customer base to navigate the highly complex and regulated capital markets with greater transparency and lower costs," says Thoma Bravo's Holden Spaht
In the current market environment, the process of resolving settlement failures is manual, which Broadridge explains leads to greater operational risk, inefficiency, a challenging user experience, and regulatory non-compliance under CSDR requirements
While BNY Mellon's Martin Smith notes that the penalty regime is fairly understood, he highlights that there is a question mark over what is going to happen with the buy ins
A team of capital markets veterans including Matthew Peakman, Chris Hagstrom and Mark Toone are unveiling Kayenta, a fintech promising to bring efficiency to the hedge fund treasury functions with a focus on reducing the cost of financing
The Broadridge and Virtu partnership will provide a solution for asset managers to disclose transaction costs as they fulfil MiFID II and PRIIPs fund reporting requirements
Since the onset of COVID-19 last year, three of Australia’s top-five largest superannuation funds, representing more than AUS 400 billion in AuM, have closed or significantly curtailed their programmes due to anti-short selling sentiment
Responses from the consultation, which ran from 8 December last year to 1 February this year, also showed that 14 respondents requested the buy-in regime be retained while 26 either did not respond or were neutral
Raj Karan Singh has taken over as global head of securities finance for boutique prime broker BCS Global Markets, after Christian von Gradowski moved elsewhere
