Confluence, the U.S.-based technology solutions provider, is working with Trucost, a provider of carbon and environmental data and risk analysis. The collaboration combines Confluence’s cloud-based Revolution platform with Trucost’s data to provide an integrated ESG analytics and regulatory reporting solution. Part of S&P Global, Trucost has been assessing risks relating to climate change, natural resource…
Category: Product
Nexo partners with Fidelity Digital Assets
Nexo, a UK-based regulated platform for digital assets, is collaborating with Fidelity Digital Assets, the institutionally focused execution and custody services platform provider, to improve institutional access to digital assets by offering best-in-class custodial and lending services, including the launch of institutional-focused products. Nexo, a provider of cryptocurrency-collateralised credit, with Fidelity Digital Assets as custodian…
State Street deploys DLT for FX margin calculation
State Street, alongside Vanguard and Symbiont, have jointly completed the margin calculation process for a live trade of a 30-day foreign exchange forward contract through the use of Assembly, Symbiont’s distributed ledger technology. The firms have been actively exploring the application of blockchain technology to undertake margin processing for FX forwards and swaps, with the…
HSBC hires global head of investor services product
CP Yap, who was previously president and CEO of Computershare in Hong Kong, has joined HSBC as global head of investor services product, markets & securities services. He is based in Hong Kong, reporting to Sébastien Danloy, global head of investor services at HSBC, and Brian Godins, regional head of securities services, Asia & MENAT.…
CSC expands in Netherlands
CSC, the U.S.-based provider of business, legal, tax, and digital brand services, has secured additional depositary licences from the Netherlands Authority Financial Markets (AFM). After being one of the first non-bank providers to receive a depositary license for real estate and infrastructure funds, CSC has now extended its licence to include UCITS funds. In addition,…
Aztec partners with Worldfavor for ESG services
Aztec, the C.I.-based administrator, has formed an alliance with the global sustainability platform, Worldfavor, to launch new ESG and sustainability services for private market investment managers.
Northern Trust deploys Broadridge’s SRD II solution
Broadridge Financial Solutions, the U.S.-based fintech, has delivered its full suite of Shareholder Rights Directive (SRD II) investor communication solutions to Northern Trust. These solutions are in use across Northern Trust’s global asset servicing business. Northern Trust is also using Broadridge’s SRD II-enhanced global proxy platform, which supports same-day meeting distributions, agenda translations, vote processing…
Citi strikes deal with Taskize
Citi and Taskize, a Euroclear company, have struck an agreement through which Citi’s custody clients can leverage Taskize’s query management platform to directly connect to their Citi operations counterparts. This collaboration brings together Taskize’s structured workflow capabilities and Citi’s proprietary custody network to create a network effect between Citi, its counterparts and various market infrastructures…
State Street partners with Cassini to enhance optimisation
State Street has added pre-and post-trade optimisation and margin analytics capabilities to its Collateral+ service. In partnership with Cassini Systems, a provider of pre- and post-trade margin and collateral analytics for derivatives market participants, Collateral+ now offers an integrated, modular approach to optimisation, which addresses collateral efficiency from multiple angles. It Through Cassini’s technology, Collateral+…
State Street partners with RIMES
State Street has struck a deal with RIMES, the U.S.-based data partner for asset managers, asset owners, and service providers, to enhance State Street Alpha, its front-to-back solution. Through this partnership, State Street Alpha clients will benefit from RIMES’ expertise and experience with the global index provider marketplace, leveraging its operational capabilities and infrastructure. This…