buy-side

Blockchain, Settlements, Technology

broker-dealers, buy-side, DLT, DTCC, Project Ion, settlement, technology, topstory

DTCC’s project Ion is paving the way for distributed ledger technologies to make near-zero reconciliation utopia a reality. We look at what broker-dealers and the buy-side should know about what…

UMR for the buy-side: shaking up a pledgor’s world and unbundling triparty (Premium)

October 30, 2019

Regulatory

buy-side, Euroclear, topstory, triparty, UMR, uncleared margin

In the first four phases of uncleared margin rules adoption, triparty was a popular choice as financial institutions looked to streamline collateral across business lines. But phase 5 and 6,…

See who is coming to Rates & Repo 2019

October 9, 2019

Repo, US

buy-side, cash investors, Rates & Repo, Repo, topstory

The first 100 registrations for Rates & Repo 2018 are in with the buy-side at 32% of attendees. See the list of registered firms here. Continue reading

SFM Magazine, Fall 2019, is now online

October 1, 2019

Big Data, Collateral Management, Common Domain Model, Repo, Securities Lending, SFTR, Technology

buy-side, collateral, Repo, securities finance, Securities Lending, SFTR, topstory, treasuries

Securities Finance Monitor Magazine, Fall 2019, is now online. This edition features articles on best execution in securities lending, electronic dealer and RFQ repo markets, the Common Domain Model in…

Help wanted: buy-side firm seeks CCP business model for securities lending

September 5, 2019

Rajen Sheth

CCP, Securities Lending, Technology

Beneficial Owners, buy-side, CCP Gateway, CCPs, Pirum, Securities Lending, topstory

CCPs for the buy-side in securities finance, long thought of as an elusive unicorn, are now coming to fruition in what may be the most important change to the industry…

CAIA: AI – chances and challenges in quantitative asset management

April 27, 2019

News and Notes – Fintech, Uncategorized

alternative asset managers, Aquila Capital, artificial intelligence, buy-side, CAIA, portfolio management

A research note published by the Chartered Alternative Investment Analyst Association discusses how the adaptivity and self-learning capability of machine learning tools could add value along the entire value chain…

Financial ML further advanced than expected, N. America and buy-side lead

April 23, 2019

Artificial Intelligence, Technology

alternative data, buy-side, machine learning, Refinitiv

A survey from Refinitiv asked buy- and sell-side firms across North America, Europe and Asia about their levels of machine learning use and deployment. Refinitiv is the former financial risk…

Liquidnet launches intelligent multi-order execution solution

April 17, 2019

News and Notes – Fintech

Best Execution, buy-side, Liquidnet

Liquidnet announced the launch of Ecosystem Pro, an intelligent workflow and blotter management tool designed to help buy-side traders analyze, monitor, and automate execution strategies across multiple symbols simultaneously in…

Buy-side trading dynamics on FICC sponsored repo

March 25, 2019

cleared repo, Repo, RRP, US

buy-side, FICC, money funds, Office of Financial Research, Repo, sponsored repo, topstory

FICC continues to post increases as a counterparty to the buy-side for US Treasury repo transactions in the sponsored repo format. Data from the end of February 2019 show volumes…

Meta-AI fund launched by $60+bn European asset manager

February 21, 2019

News and Notes – Fintech

artificial intelligence, asset managers, buy-side, ODDO BHF

ODDO BHF Asset Management has recently launched ODDO BHF Artificial Intelligence, the first thematic fund investing in artificial intelligence and also using AI in its investment process. Launched in December…

On the buy-side, “if you have no collateral strategy, you’re dead”

February 11, 2019

Collateral Management

BOCT, buy-side, collateral management, Frankfurt, topstory

We heard this from a buy-side firm last week preparing for our Business of Collateral Trading conference coming up in Frankfurt on February 21. Collateral strategy on the buy-side is…

Which money fund will be first to force price improvement on repo CCPs? (Premium)

November 20, 2018

CCP, cleared repo, Repo

buy-side, CCPs, cleared repo, Eurex, FICC, investments, Repo, topstory

Cleared repo is growing but rates remain about the same as in the bilateral market. How long will money funds accept this status quo? Or, how long can big cash…

Buy-side still goes proprietary for alt-data, but vendors poised to take over

August 21, 2018

Big Data, Technology

Aite Group, alternative data, buy-side

At Finadium, we are often digging into the use of securities lending data for investment decision-making, which fits into the broader category taking markets by storm: alternative data. During a…

FISL London is next week – here’s a status update

April 30, 2018

Europe, Finadium Event, FISL, Securities Lending

buy-side, FISL London, FISL London 2018, Securities Lending, topstory

We look forward to welcoming 140 buy-side attendees and sponsors to the Finadium Investors in Securities Lending (FISL) Conference in London next week, May 9-10. This is our second year…

Lessons from FISL 2018: data is transforming the securities lending market for asset owner lenders and hedge fund borrowers

April 23, 2018

Big Data, FISL, Securities Lending

Aberdeen Standard Investments, buy-side, data management, financial technology, FISL NYC 2018, Joshua Gray, Matthew Chessum, Russell Investments, topstory

Securities lending markets are going through a major technology upgrade, and in an era of data that means beneficial owners are advantaged by the greater transparency that comes with it.…

Lessons from FISL 2018: alpha generation in securities lending takes on new importance (Premium)

April 18, 2018

Derivatives, FISL, Securities Lending, Total Return Swaps

Alpha generation, buy-side, financial technology, FISL NYC 2018, topstory, Total Return Swaps

“Alpha” in the context of securities lending is itself a controversial term, with some participants arguing that it’s a euphemism for optimizing transaction costs. But in a purely definitive sense,…

CDCC launches direct clearing for Canadian buy-side

April 10, 2018

News and Notes

buy-side, CDCC, Repo Clearing

Canadian Derivatives Clearing Corporation (CDCC), Canada’s national central clearing counterparty (CCP) for exchange-traded derivative products, certain over-the-counter (OTC) products and repos, announced the launch of its new direct-clearing model for Canadian buy-side…

FISL NYC is next week – here’s a status update

April 5, 2018

Finadium Event, Securities Lending

buy-side, FISL NYC, FISL NYC 2018, Securities Lending, topstory

We are excited to welcome over 150 buy-side attendees and sponsors to the Finadium Investors in Securities Lending (FISL) Conference next week, April 11-12, in New York. This is our…

Finadium: Solving the Credit Risk Exposure Problem for the Buy-side in Securities Finance

March 14, 2018

Credit Exposure, Investments, Repo, Securities Lending

buy-side, credit intermediation, Finadium, Repo, Securities Lending

Unlocking unutilized lender supply would change the landscape for both securities finance and capital markets in general, but finding new credit support structures that securities lenders will accept is a…

Are the buy side and sell side on the same page about the direction of prime brokerage?

July 3, 2017

Richard Stinchfield

Hedge Funds, Investments, Liquidity Management, Prime Brokerage, US

BNY Mellon, buy-side, Finadium, financing, hedge funds, Liquidity, Prime Brokerage, topstory

BNY Mellon released the results of a buy-side survey on liquidity and financing on June 26th. How closely do the concerns and attitudes of investors towards their liquidity and financing…

Are hedge funds really that risky as counterparties in collateralized trading?

June 1, 2017

Collateral Management, Custodians, Hedge Funds, Prime Brokerage, Repo, Securities Lending, Technology

brokers, buy-side, collateral management, credit risk, Custodians, hedge funds, P2P, peer to peer, topstory

As Peer to Peer markets make their play, credit departments at buy-side firms around the world are looking askance at the very idea of a collateralized trade directly with a…

Time for the buy-side to take collateral responsibility in securities finance

April 24, 2017

Stephen Malekian

Collateral Management, Derivatives, Investments, Repo, Securities Lending, Technology

buy-side, collateral, CSAs, derivatives, Elixium, Repo, Securities Lending, technology, topstory

The buy-side has an opportunity to take control of its own collateral activity, bringing both financial and operational benefits. Breaking this process down shows that a robust collection of tools…

Highlights and takeaways from the Finadium 2017 Industry Conference (Premium)

March 22, 2017

Collateral Management, Market infrastructure, Regulatory, Repo, Securities Lending, Technology, US

buy-side, collateral, Finadium Conference, Market infrastructure, Repo, Securities Lending, technology, topstory

Finadium held its annual industry conference yesterday in New York and it may have been the best one yet. The panels were rock solid with valuable content and audience participation…

Europe's buy-side responds to Eurex's ISA Direct Clearing model

October 26, 2016

Paul Amery

CCP, Collateral Management, Europe

buy-side, CME, Direct Clearing, Eurex, ISA Direct, topstory

New membership models for buy-side participants at central derivatives counterparties (CCPs) may help alleviate recent capacity and cost constraints. However, the buy-side still faces an existential choice about its future…

Finadium: Analysis of Eurex and CME Buy-side Direct Clearing Models

October 13, 2016

CCP, Credit Exposure, Derivatives, Investments

buy-side, Clearing, CME, Eurex, topstory

This Finadium report presents the direct clearing plans of Eurex’s ISA Direct and the CME’s Direct Funding Participant model. We look at who wins and who loses, impacts on the…

Bloomberg: ICE introduces cleared CDS for the buy-side

July 20, 2016

News and Notes

Bloomberg, buy-side, CCP, ICE

Intercontinental Exchange Inc. is making it easier for investors looking to hedge default risks to bypass the Wall Street banks that have long been the gatekeepers in the $12 trillion…

A buy-side cost/benefit analysis for securities lending CCPs

September 10, 2015

Gerard Denham

CCP, Credit Exposure, Investments, Securities Lending

buy-side, CCPs, Eurex Clearing, Indemnification, Lending CCP, Securities Lending, topstory

A recent survey of asset managers in securities lending showed that executives were interested in CCPs but lacked the information necessary to create a cost/benefit analysis and build their business…

Finadium: Realities of Repo Clearing for the Buy-side

June 18, 2015

CCP, Investments, Repo

buy-side, CCPs, Clearing, Finadium, Repo, topstory