“Broker dealers, CCP members, and custodians all saw declines in credit quality from the prior update, as did sub custodians that had the worst ratio of deteriorations to improvements of the intermediaries," says David Carruthers
“Participation in listed options markets in 2021 has resulted in historic cleared contract volumes, outpacing even 2020 highs,” says John Davidson OCC CEO
DTCC ALERT, the web-based global database for the maintenance and communication of account and standing settlement instructions (SSIs), has more than 10 million SSIs now included in the service
Over the next 12 months, Broadridge hopes many of the current operational challenges will be resolved but expects an ongoing high focus in this area, especially for global intermediaries
The Jersey funds industry reached record heights in 2020 despite global challenges, and alternative asset classes represent 89 per cent of the total funds business
“Our partnership with FinSwitch is a key part of our strategy in South Africa and we’re delighted to have reached this key milestone in just 10 months," says FNZ's Hugh Evans
Responses from the European Commission’s CSDR consultation found that 51 out of 91 respondents said the buy-in regime should change from a mandatory requirement to a voluntary one
As EQUOS rolls out borrowing and lending capabilities, EQO will be used to boost yields available on assets held in Digivault, the hot and cold wallet custodian integrated into EQUOS
“We anticipate innovation and change will continue as Canadian pension fund managers focus on agility and responsiveness in the context of a fast-moving investment environment," says Ian Fulton