Americas Executions (AmerX), a full-service broker-dealer, has implemented Broadridge’s Securities Finance and Collateral Management (SFCM) platform to support its newly launched securities lending business. SFCM will enable AmerX to manage its securities lending operations, including collateral management, trade lifecycle management and risk assessment.
Category: Capital Markets
Pirum links with BNPP
Pirum, the UK fintech for securities finance automation and collateral management, has connected its exposure and collateral management solutions to BNP Paribas’ securities services business. As a result of the collaboration, mutual clients of BNPP’s triparty collateral services and Pirum now gain automated exposure and collateral management processing visibility, efficiency and transparency across their securities…
Pirum shakes up C-suite
Pirum, a fintech focused on securities finance and collateral management, has appointed Mark Hale as CEO. He replaces Phil Morgan, who has decided to transition from his current role into an advisory position. Hale will be based in the New York office but will be present in the London head office on a regular basis.…
Pirum hires for EMEA sales
Pirum, the fintech for securities finance and collateral management, has hired Jonathan Hodder to join the company’s origination sales team in EMEA. He joins from Transcend, where he led EMEA sales & business development.
Pirum expands into pre-trade space
Pirum, the fintech focused on securities finance and collateral management, has launched Pirum TradeConnect, a global, standardised and open pre-trade connectivity solution for equities and fixed income, fully integrated with Pirum’s established post-trade services. Pirum TradeConnect provides the ability to connect with any counterpart bilaterally, as well as directly with multiple venues, in any format,…
2Xideas adds to Northern Trust mandate
2Xideas AG has expanded its relationship with Northern Trust to include Integrated Trading Solutions (ITS). The Switzerland-based investment firm, with c. USD2bn in AuM, first appointed Northern Trust in 2022 as the firm’s fund accounting, financial reporting, transfer agency, custody, and depositary services provider. The firm currently manages four funds and several managed accounts, which…
Northern Trust launches carbon credits trading platform
Northern Trust has launched the Northern Trust Carbon Ecosystem with the first live transactions on the blockchain-based platform which enables institutional buyers to digitally access carbon credits from leading project developers. The transactions were initiated by Water Recovery Systems IP Limited and CUT Carbon Distributed Technologies AG, which sold carbon credits to institutional buyers for…
Northern Trust launches APAC FI desk
Northern Trust has launched its Integrated Trading Solutions fixed income outsourced trading capability in APAC, provided through Northern Trust Securities in Australia. Northern Trust now offers 24/6 fixed income trading coverage from desks based in Chicago, London and Sydney.
Kohli joins Pirum
Pirum, the UK-based fintech focused on securities finance and collateral management, has appointed Amit Kohli as EMEA key account management director. He joins from KPMG, where he helped to build the firm’s capital markets consulting business.
Nedgroup Investments selects Northern Trust
Northern Trust has been selected to provide outsourced trading via its Integrated Trading Solutions (ITS) for Nedgroup Investments, a global asset management firm with >USD20bn AuM. Nedgroup Investments is a division of Nedbank Group Ltd. Northern Trust will support Nedgroup Investments’ new in-house multi-boutique platform which specialises in fixed income. The premier fund on the…