News and Notes

ISDA says collateral management and optimization among promising use cases for genAI

Standard Chartered part of consortium launching quantum computer in UK

S&P Global launches new beneficial owner data dashboard

Fed paper shows CBDC could affect wholesale funding dynamics

OpenGamma integrates with Nodal Clear for independent margin replication

Sumitomo Mitsui adopts DTCC’s ITP services ahead of T+1

OpenGamma: FSB “hit nail on the head” of recognizing NBFI collateral management overhaul needs

Clearstream to invest in fintech Digital Vault Services for D7 expansion to non-securities

ISDA to extend DRR to UK, Australia and Singapore, Canada and Hong Kong

HKMA’s Yue on wholesale CBDC to support different kinds of digital money

DNB’s Sleijpen on central bank losses and rebuilding buffers

Reuters: Fed’s RRP plummets to $327.1bn on Treasury debt issuance

SIFMA to Fed: pay attention to banks’ capital markets activities while mulling Basel Endgame changes

Baton Systems: “devil’s in the details” of BoE/FCA tokenization sandbox

ESRB proposes operational policy tools for pan-European cyber resilience

WFE: IM models with “impulsive” approach to procyclicality

BIS: what a “finternet” could look like with unified ledgers

GLEIF: Nord vLEI first in Europe as qualified digital LEI issuer

AIMA’s hedge fund index shows continuing boost in confidence

Bloomberg adds EquiLend’s Orbisa seclending data

NY Fed adds 2 counterparties to standing repo facility

IIAC opposes CIRO short sale settlement proposals

No operational changes to CLSSettlement ahead of T+1

Kyriba taps J.P. Morgan’s Onyx for cash and liquidity management

Atlantic Council: wholesale CBDCs should incorporate standards-setting bodies

DSB data show EU ready for UPI reporting with banks leading

Interactive Brokers Introduces High Touch Prime Brokerage Service

Reuters: bad collateral management behind “mysterious” one-day drop in GCF repo UST index

ECB survey shows securities financing T&Cs easing

Ripple plans to issue USD-backed stablecoin in Tether-dominated market

ESMA review shows data quality improving as EMIR Refit looms

ISLA Publishes 2024 Netting Opinions for the GMSLA

DTCC Collaborates with REGnosys to Support ISDA Digital Regulatory Reporting

Cassini builds out PB modeling for hedge fund margin calculations and stress testing

ESMA publishes first overview of EU securities financing transactions markets

Tradeweb to acquire ICD and expand into corporate treasury

Clearstream joins ECB trials to explore DLT for wholesale central bank money settlement

S&P launches Kensho financial AI benchmarking

Bloomberg: Foreign central banks increasing use of the Fed’s Reverse Repo Facility

Clear Street Launches Clearing Services for Market Makers

People moves round-up: Bank of Lithuania, Binance, Citi, Fidelity Agency Lending, NIST, UK T+1 Taskforce

Cboe Clear Europe Secures BofA and State Street for Launch of Securities Financing Transactions Clearing Service

SocGen goes live with DTCC’s CTM triparty matching workflow

ESMA TRV examines social media risks to equity prices, but no “Gamestop” spotted in EU yet

CaixaBank to use AI tools for cyber as part of European consortia

OFR paper: Liquidity Coverage Ratios of Large U.S. Banks During and After the COVID-19 Shock

WAIFC sets out objectives for Africa financial center competitiveness

Matrix launches outsourcing solution for equity finance

AIMA warns on US SEC’s predictive tech and cyber rules

Brookings: LCR modification to pre-position collateral for bank run risk reduction