Temenos updates software to help with transition from LIBOR to RFRs 09 April 2020 Geneva Reporter: Becky Bellamy Temenos has updated its banking software products to help banks transition from LIBOR to alternative RFRs, which is set to be at year-end 2021
Deutsche Bank: COVID-19 disruption no threat to ASL growth plans 08 April 2020 New York Reporter: Drew Nicol Deutsche Bank鈥檚 global agency securities lending head says she has 鈥渁ll hands on the pump鈥 to support clients during the COVID-19 pandemic and that the bank鈥檚 latest troubles do not affect her growth plans
ISLA publishes SFTR best practice guide 07 April 2020 London Reporter: Natalie Turner ISLA has released a best practice SFTR guide for operational processes for in-scope transactions for its members
Lending revenue down in Q1 despite demand surge, says IHS Markit 06 April 2020 New York Reporter: Drew Nicol North America, Asia and Europe all saw lending revenue stall in Q1, despite increased market volatility and utilisation up-tick
OCC sees an increase in securities lending 03 April 2020 Chicago Reporter: Natalie Turner OCC reports its highest volume month ever for US equity options, with securities lending on the up
ICMA achieves highest membership in a decade 02 April 2020 Switzerland Reporter: Natalie Turner Pirum, Cantor Fitzgerald and Tradeweb are among the new joiners that have taken the association鈥檚 membership to just shy of 600
Hazeltree and HedgeLegal release UMR guide 02 April 2020 New York Reporter: Natalie Turner Hazeltree and HedgeLegal publish a guide for hedge fund and asset managers on UMR
Wematch platform gains tax ID exchange tool 01 April 2020 London Reporter: Natalie Turner Wematch is enhancing its trade negotiation model with a new tax ID sharing tool for lenders
EU MMF Regulation reporting timetable amended 31 March 2020 Paris Reporter: Natalie Turner ESMA has given money market fund managers more time to file their reports as the XML schema for reporting is not ready
SMPG steering committee re-elects Clearstream鈥檚 Armin Borries as chair 31 March 2020 Prague Reporter: Maddie Saghir SMPG was created in July 1998 and since its launch has established a local presence in more than 30 countries through national market practice groups
BNY Mellon names Todd Gibbons as CEO 30 March 2020 New York Reporter: Maddie Saghir Gibbons has worked as the interim CEO since September last year
ISDA requests UMR delay 27 March 2020 New York Reporter: Natalie Turner ISDA requests suspension on initial margin phase-in in response to COVID-19 pandemic