State Street will take over BBH’s Investor Services business, including its custody, accounting, fund administration, global markets and technology services, for US $3.5 billion
“With elevated trade activity and capital inflows industry-wide, we continue to emphasise the importance of robust infrastructure and operations for the hedge fund industry," says Declan Quilligan
OSTTRA is designed for the global over-the-counter markets across interest rate, foreign exchange, equity and credit asset classes, incorporating CME Group’s optimisation businesses – Traiana, TriOptima, and Reset – and IHS Markit’s MarkitSERV
Nasdaq will partner with Abu Dhabi Securities Exchange to support single-stock futures and index futures from Q4, along with central counterparty clearing for derivatives contracts
“Operating under a single and unifying brand name will allow us to harness the strength and depth of the group to provide our growing global client base with a holistic suite of services that saves cost and reduces time to market," says John Legrand
SWIFT has revealed that HSBC’s group chief executive Noel Quinn will be the opening keynote speaker for Sibos 2021, one of the largest banking and technology conferences in the world
By leveraging MTU, State Street’s Collateral+ business will now be able to more efficiently validate, enrich, settle, report and monitor third party collateral
