BNY Mellon goes live with buy-side collateral messaging service
The new service enables investment managers to retain control over the collateralisation of their non-cleared derivatives activities.
The new service enables investment managers to retain control over the collateralisation of their non-cleared derivatives activities.
PIMCO will use OpenGamma’s technology in a bid to reduce margin financing costs for derivatives trading.
BNY Mellon will use the ISDA Create platform to enable its buy-side clients to electronically amend and update their initial margin documents.
The summer of 2019 featured major organisational changes at some of the top securities services providers. From prime brokerage to custody, here are the top stories from this summer.
Industry veteran to work with buy-side firms for upcoming non-cleared initial margin regulation.
Euroclear stated the new solution will make tri-party a portable service offering, agnostic of the settlement and custody location.
The solution follows a partnership with AcadiaSoft’s Initial Margin Risk Suite for automating collateral management processes.