EquiLend onboards 50 users for new collateral trading platform
The rollout of the new platform is the latest innovation from the securities finance firm over the past year to enhance the collateral management infrastructure.
The rollout of the new platform is the latest innovation from the securities finance firm over the past year to enhance the collateral management infrastructure.
Citi aims to capture increased business from existing and prospective hedge fund clients by offering a full coverage of pre- and post-trade services.
The French bank has onboarded eight clients across Europe onto its front-to-back outsourcing platform CrossWise.
Fillmore Advisors will become part of the recently-established prime brokerage division at INTL FCStone, as it looks to expand on outsourced trading for hedge funds.
Northern Trust has recently made a number of technological advancements for its hedge fund, asset manager and asset owner clients.
The new system will integrate its trading, post-trade and data services, as well as its flagship Next Generation Trading (NGT), on a single platform.
The launch of the outsourcing trading service for asset owners and asset managers made Northern Trust the first custodian to take on certain buy-side trading functions.
The focus on increased transparency through transaction and trade reporting have led to a surge in demand for data generated from financial market infrastructures.
The custodian will also look to deliver new capabilities across data aggregation, data enhancement and data analytics to support trading and execution.
The move is the latest effort by custodians to expand into the front-office; however, Northern Trust is the first to take on certain trading activities for asset managers.