Clearstream has appointed Guido Wille to head its Eurobonds business. In his new role, he will be responsible for Clearstream’s Eurobonds product group, including network management and market partnerships. Clearstream provides over 14,000 issuers from 130 countries with access to the international Eurobond market. Wille previously ran strategic business development globally, with responsibility for a…
Category: Capital Markets
Northern Trust to provide TM services to Standard Bank clients
Standard Bank, Africa’s largest bank, has signed a memorandum of understanding with Northern Trust to partner on the delivery of transition management services across Southern Africa. Under the partnership, Standard Bank’s clients will gain access to Northern Trust’s full suite of transition management services.
Northern Trust links to IHS Markit’s thinkFolio
Northern Trust has entered into an alliance with IHS Markit, provider of the thinkFolio multi-asset class investment management platform. The integration between thinkFolio and Northern Trust’s middle office outsourcing platform will provide opportunities for both firms to offer mutual institutional clients solutions and services, leveraging one another’s strengths across the investment value chain. Northern Trust…
BP2S teams up with Eastspring and STACS to improve ETD processing via DLT
Eastspring Investments, BNP Paribas Securities Services and Singapore-headquartered fintech firm Hashstacs Pte Ltd have implemented what they claim is a first-in-market blockchain-driven solution to enhance trade lifecycle management capabilities for exchange traded derivatives (ETDs). The trading fee calculation platform, Mercury, addresses current inefficiencies in the trade lifecycle management of ETDs. Mercury provides centralised and transparent…
BNY Mellon & Google Cloud partner to improve U.S. Treasurys efficiency
BNY Mellon has partnered with Google Cloud to help U.S. Treasury market participants predict settlement failures, generate significant capital and liquidity savings, and unlock operational efficiencies. The initiative will leverage Google Cloud’s data analytics, artificial intelligence and machine learning technologies to develop new collateral management and liquidity solutions built on Google Cloud. BNY Mellon is…
U.S. Bank partners with Lumint for passive FX hedging
U.S. Bank has enhanced its suite of FX solutions with a new passive currency hedging service to support asset managers and asset owners. The new global currency management solution offers institutional investors an automated and scalable solution for portfolio and share class currency hedging with available look-through and index replication strategies. The tool is powered…
Vontobel signs for State Street Alpha
Vontobel Asset Management, the Swiss asset manager with CHF120bn (USD135bn) AuM, has signed a multi-year service agreement with State Street, under which Vontobel will deploy State Street Alpha, the integrated front-to-back investment servicing platform. The partnership will include front office technology, investment operation services, Alpha data services and liquidity risk solutions. Felix Lenhard, Vontobel COO…
State Street hires Vistra’s Marcia Rothschild as head of LatAm
State Street has appointed Marcia Rothschild as head of Latin America, with responsibility for leading sales and deepening relationships with clients and prospects. She joins from Vistra, where she was business development director for its alternatives division. Prior to Vistra, Rothschild worked at SS&C, Citigroup, and BNP Paribas. Additionally, State Street’s Brazilian bank has begun…
Christopher Morley joins MUFG to run sec lending in Lux
Christopher Morley has joined MUFG to run the global securities lending group in Luxembourg. He was previously with Deutsche Bank.
LiquidShare hires Jean-Marc Eyssautier as CEO
LiquidShare, the fintech co-founded by major European financial institutions in 2017 to develop post-market solutions by leveraging distributed ledger technology, has appointed Jean-Marc Eyssautier as CEO. He was previously at CACEIS.