The Central Securities Depositories Regulation (CSDR) rulings, relating to mandatory buy-ins, are “fundamentally flawed”, according to James Cunningham, head of European regulatory and market initiatives at BNY Mellon
"Another important milestone in the evolution of Goal Group to facilitate our ongoing mantra of continuous improvement and excellent client service," says Stephen Everard, Goal Group CEO
“With ALERT, we are able to bring greater efficiency, risk mitigation, and accuracy to the post-trade settlement process for our client base,” says Wayne Francis
The Mauritius office forms part of Kane Solutions’ global network, which includes fund administration and trust business operations in Bermuda, fund administration services in Dubai, and insurance management and fund administration services in Malta
The settlement date for stocks used to be T+5, before moving to T+3, and now most markets operate on a T+2 settlement cycle, but panellists at the AFME conference discussed whether or not the T+2 cycle is enough
Isabelle Delorme (pictured), deputy CEO of ESES CSDs Euroclear France, Euroclear Belgium and Euroclear Nederland comments: “We are extremely pleased to have worked on this pioneering project with our industry partners and the Banque de France"
SBI Securities has extended its partnership with Broadridge Financial Solutions by migrating the post-trade operations of its Hong Kong and Singapore businesses to Broadridge’s cloud-based ASP service in Asia
The Fusion LenderComm platform and Synergy DataLake will combine to accelerate the availability of data to lenders and strengthen internal operations between agents, lenders and service providers
The COVID-19 pandemic acted as a “call to arms” for the post-trade industry to improve “cumbersome and outdated” technologies, according to Archie Stebbings, partner at management consulting firm Oliver Wyman