A.M. Best, a rating agency of alternative risk transfer entities, has affirmed the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit rating of ‘a+’ (Excellent) for two BNY Mellon subsidiary insurance companies
Six of the industry’s leading institutions have launched the Approved Publication Arrangements and Approved Reporting Mechanisms association, to be more commonly known as APARMA
“Securities lending, total return swaps and repo is still in the Dark Ages,” said panellist Shane Martin of Wematch.live, when commenting on manual processes in trading at this years’ Securities AV Technology Symposium
Zodia Custody, a Standard Chartered Bank subsidiary, has extended access for its institutional customers to the Fireblocks Network, providing linkage to more than 1000 liquidity providers, lending desks, trading venues and counterparties
Adenza will support the Saxo Bank’s multijurisdictional capital and liquidity reporting requirements throughout Denmark, Switzerland and the UK, with plans to expand into the Netherlands
The agreement will allow mutual clients to benefit from straight-through processing between FIS’ Securities Lending Processing Platform and Broadridge’s SFT Submission Service, which will aid NSCC’s SFT Clearing Program
