All latest securities finance news

Laura Klimpel discusses DTCC’s proposed clearing service for SFTs

09 September 2021 US
Reporter: Maddie Saghir

“Settlements would be allowed to pair off daily against new activity, with NSCC calculating and processing price differential payment amounts that are created by the daily pair off and processed through DTCC,” says Laura Klimpel

Acadia onboard over 300 Phase 5 Initial Margin firms

09 September 2021 US
Reporter: Carmella Haswell

Over 300 of an estimated 330 counterparty groups, covered by Phase 5 of the Initial Margin (IM) rollout under the Uncleared Margin Rules (UMR), have been successfully onboarding to AcadiaPlus

FinOptSys hires Elizabeth Rotem

09 September 2021 US
Reporter: Carmella Haswell

Elizabeth Rotem is appointed director of business development and will not only lead FinOptSys new product development, but also aid in global sales, strategy and the expansion efforts of the firm

Securities lending associations establish working group for global collaboration

09 September 2021 Global
Reporter: Bob Currie

All recognised securities lending associations, and other financial market associations with an interest in securities lending, are welcome to join the group, which will convene quarterly through virtual meetings

Transcend hires Patrick Tessier

08 September 2021 UK
Reporter: Carmella Haswell

Transcend appoints Patrick Tessier, former Citibank product manager, as derivatives product manager to drive CCP Central development

RBL Bank chooses Adenza’s Calypso Treasury solution for repo operations

08 September 2021 India
Reporter: Jenna Lomax

RBL Bank, the India-based private sector bank, has chosen the Calypso Treasury solution for its repo operations, FX, fixed income, money market, equity and mutual funds

ISLA releases adoption guide for its Clause Library and Taxonomy

08 September 2021 UK
Reporter: Bob Currie

The International Securities Lending Association (ISLA) will be launching its ISLA Clause Library and Taxonomy during September. Today, it has published a step-by-step guide of how firms can integrate this into their daily working practices