technology

Increasing the automation of securities finance and collateral management requires taking a joint technical and business perspective. Without it, firms could find themselves failing to progress or misdirecting IT investment.…

Implications of ISDA’s proposal, “Collaboration and Standardization Opportunities in Derivatives and SFT Markets” (Premium)

October 5, 2020

Common Domain Model, Derivatives, Repo, Securities Lending, Technology

Common Domain Model, ISDA, OTC derivatives, Repo, securities finance, technology, topstory

ISDA released a proposal paper today that should be considered carefully by every market participant in OTC derivatives, securities finance and repo for its pros and cons. In Collaboration and…

J.P. Morgan and AccessFintech launch real-time statuses for buy-side

September 9, 2020

AccessFintech, buy-side, J.P. Morgan, technology

Payment statuses for dividend, income and cash wire movements added to existing trade status solution to deliver further operational efficiency for buy-side institutions Follows previously announced real-time trade processing integration…

V-Square’s Mamadou-Abou Sarr on custodians, securities lending and data in ESG (Premium)

August 12, 2020

Artificial Intelligence, Big Data, Custodians, ESG, Technology

ESG, hedge funds, technology, topstory, VSQM

Last week, we examined at how data and tech are underpinning ESG (environmental, social, governance) investing, and what asset servicers should know about those trends. In this Q&A, we go…

Senior London bankers report disheartenment with cultural fit, juniorization (Premium)

July 13, 2020

banking, capital markets, hiring, industry practices, technology, topstory

Unvarnished conversations with senior London capital markets professionals reveal a deep disappointment with a wave of “trend-over-substance” based hiring, particularly when it comes to junior professionals. This sentiment is not…

DTCC’s Project ION: the argument for blockchain’s benefit to brokers and the buy-side (Premium)

July 9, 2020

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…

Fintech scandals under scrutiny as calls for regulatory intervention grow (Premium)

July 8, 2020

Technology

Balancer, Crypto, cybersecurity, fintech, Robinhood, technology, topstory, Wirecard

A series of scandals in the fintech industry has amplified calls for regulators to step in. We review some of the issues being raised and talk to an advanced tech…

Broadridge survey reveals how next-gen tech is being accelerated through pandemic

July 7, 2020

Broadridge, technology

More than half of financial services companies plan to accelerate implementation of their next generation technology strategies, according to a new global survey of 500 financial services C-Suite executives and…

Bloomberg: big banks in Asia hiring with tech in demand

June 18, 2020

Asian banks, technology

A hiring slowdown at banks in Asia is beginning to thaw, driven by demand for coders. Lenders including DBS Group, Oversea-Chinese Banking Corp, and Citigroup are adding workers to their…

Finadium: The Impact of COVID-19 on Collateral Management

June 16, 2020

collateral management, COVID-19, technology, topstory

This report is a survey of 43 senior collateral professionals at 21 firms including technology suppliers, custodians, operations outsourcers and central securities depositories. Our questions covered a cross-section of how…

BoE’s post-trade tech panel reviews “pinch points”, considers reforms

June 8, 2020

Bank of England, post-trades processing, technology

News and Notes

A recent report by the Bank of England’s Market Practitioner Panel focuses on post-trade processing, an area where Panel members see significant scope for improvements in efficiency and resilience. It…

The competition is on for asset manager desktop tech with robust custody integration

June 2, 2020

Custodians, Technology

Blackrock, Bloomberg, BNY Mellon, Custody, Northern Trust, State Street, technology, topstory

A number of recent announcements shows the seriousness that providers of asset management technology providers and custodians are taking the challenge of who owns the relationship. Thank State Street’s purchase…

Webinar replay: Technology, Operations and Market Structure in Securities Finance, FISL 2020 (Premium)

May 28, 2020

CCP, Securities Lending, Technology, Uncategorized

automation, CCPs, Securities Lending, technology, topstory

Securities Lending, Technology

Our annual Finadium Investors in Securities Lending conference was rebooted online this year. Finadium subscription clients can access the webinar replay of the Technology, Operations and Market Structure panel here.…

The Joys of Tea, Crumpets and Software as a Service

May 7, 2020

Martin Walker

SaaS, securities finance, Software-as-a-Service, technology, topstory

It is seldom remembered today that one of the pioneers of business computing was J. Lyons and Co., whose main business was running a nationwide chain of teahouses, as well…

Finadium: The User Experience of Electronic Repo Trading in Europe

April 14, 2020

Europe, Repo, Technology

electronic trading, Europe, Finadium, Repo, technology, topstory

In this report, Finadium delivers the results of conversations with over a dozen market participants using electronic repo trading platforms. We heard from these firms what’s working and what isn’t,…

BNY Mellon onboards first buyside firm for new tech platform

February 27, 2020

automation, BNY Mellon, data management, Liontrust Asset Management, technology

BNY Mellon has onboarded Liontrust Asset Management as the first end-to-end client on its new Investment Operations platform. The open architecture platform will improve automation and integration capabilities, and offer…

Would we leave AWS for a Goldman Sachs financial cloud? Well… yes. (Premium)

February 10, 2020

Cloud, Technology

AWS, cloud, Goldman Sachs, technology, topstory

Goldman Sachs saw an internal memo leak last week that discussed a possible cloud offering in competition with Amazon Web Services (AWS), Microsoft Azure and others, with a focus on…

SIFMA capital markets conference notes: regulations, technology, end of LIBOR

November 26, 2019

alternatives to LIBOR, cybersecurity, fintech, Regulations, SIFMA, technology

Recently, SIFMA (Securities Industry and Financial Markets Association) hosted its annual capital markets conference. Analysts recap some of what was seen and heard, as well as key themes heard throughout…

Citi’s Stuart Jarvis on non-traditional players and inventory in seclending (Premium)

November 13, 2019

Securities Lending

agency securities lending, Beneficial Owners, Citi, Europe, technology, topstory

When non-traditional players come to the securities lending markets, they often bring non-traditional inventory with them. We speak with Citi’s head of European securities lending, Stuart Jarvis, about the implications.…

Clients of collateral technology vendors are working to solve new problems

October 17, 2019

Big Data, collateral management, Finadium, technology, topstory

Finadium recently completed its sixth large-scale survey of collateral management technology vendors. As usual, the data produced some valuable insights on the direction of this market segment. While clients of…

Reuters: Deutsche Bank creating new tech division

October 15, 2019

Deutsche Bank, technology

Deutsche Bank is creating a new technology division in a strategy shift designed to reduce complexity and lower costs while transforming systems that have held back the bank for years.…

Finadium: Assessing the European Client Securities Finance Market

October 8, 2019

Europe, Securities Lending, Technology

Europe, securities finance, technology, topstory

This report is an analysis of the 73 large beneficial owners that drive the European lender marketplace, the newer lenders that are hinting to join, and the drivers that encourage…

Finadium: Collateral Management Technology Vendors in 2019: A Finadium Survey

September 17, 2019

collateral management, Finadium, SFTR, technology, topstory, UMR

Finadium has conducted its sixth industry-wide survey of collateral management technology vendors, providing a comparative look at the development of this sector, and focusing exclusively on vendors providing collateral technology…

Lessons from gaming: Google’s Stadia and Microsoft’s xCloud show a potential fintech business model

July 22, 2019

Cloud, Fintech, Technology

Amazon, cloud, gaming, Google, Microsoft, Netflix, technology, topstory

Big tech firms have launched business models to become the Netflix of gaming. Instead of buying a game and playing it on a console at home, users would have a…

In five years, 90% of funding will be done by machines

April 25, 2019

Bimal Kadikar

Big Data, Collateral Management, Liquidity Management, Technology, Uncategorized

Big Data, Bimal Kadikar, collateral, connected data, Liquidity, technology, topstory, Transcend

You may disagree with the number of years or the percent, but everyone understands that automation in the funding and collateral space is occurring at a fast pace. The question…

Finadium: Custodians and Client Facing Technology

April 9, 2019

Big Data, Custodians, Technology

Big Data, Custody, Finadium, technology, topstory

The global custody business is becoming digitized, and custodians have adopted innovative strategies in delivering data, widgets and APIs to their global, diverse client bases. A new report from Finadium…

Finadium: Trust, Technology and Advances in Crypto Privacy

February 12, 2019

Cryptocurrency, Technology

Crypto, Finadium, privacy, technology

Trust remains a critical component of building a successful crypto marketplace. While cryptocurrencies and tokens have proven theoretically interesting to the public, continued hacks and exposures of transactions mean that…

BofE Securities Lending Committee discussion on technology – September 2018

January 19, 2019

News and Notes, News and Notes – Fintech

Bank of England, HQLAx, Securities Lending, technology, TradingApps, Wematch

Minutes Securities Lending Committee 24 September 2018 2. Presentation from HQLAX The intention of HQLAX is to remove the need for settlement of the collateral itself in a transaction. HQLAX…

Finadium: Stablecoins, Capital Markets and the Fiat/Digital Currency Divide

November 28, 2018

Blockchain, Cryptocurrency, Technology

stablecoins, technology, topstory

A new Finadium report explores stablecoins, an exciting new product to enter financial markets. They are a potential bridge between the digital and fiat currency worlds that could end up…

AFP survey: treasury and finance execs eager for fintech, but implemention low

October 17, 2018

AFP, technology, treasury management

A recent study from the AFP (Association for Financial Professionals) shows there is eagerness about the impact emerging technologies will have, but also some concern that staff within treasury and…

AIM-listed KRM22 buys Chicago risk management tech firm for $7.5mn

September 25, 2018

fundraising, KRM22, Prime Analytics, risk management, technology

Technology and software investment company KRM22 announced the acquisition of Prime Analytics, a Chicago-based risk management technology company, for a maximum total consideration of $7.5 million. KRM22 also announced a…

A Framework for Evaluating and Prioritizing Automation Projects

September 25, 2018

Martin Walker

Artificial Intelligence, Operations, Technology

AI, automation, Broadridge, capital markets, operations, Robotics Process Automation, technology, topstory

Automation is the new “big thing” in capital markets, but weren’t computers invented to automate the work of humans that would otherwise be done by people? Predictions of wide scale…

Envisioning the next evolution of the securities finance industry

September 18, 2018

Rajen Sheth

Big Data, Collateral Management, Liquidity Management, Securities Lending, Technology

Big Data, Pirum, securities finance, technology, topstory

Regulations and balance sheet management have combined to create the greatest level of disruption that the industry has seen since 2008, but this time the changes are likely to be…

BoE’s Carney says weak pay growth in UK unlikely to be caused by tech

September 14, 2018

Bank of England, Central Banks, monetary policy, technology

Excerpts from speech by Mark Carney, Governor of the Bank of England, 2018 Whitaker Lecture, Central Bank of Ireland, 14 September 2018 Although current rates of pay growth in the…

Finadium: Quantum Computing: Moon Shot or the Next Big Thing?

August 28, 2018

Technology

Quantum Computing, technology, topstory

Quantum computing (QC) is the imagination of science fiction becoming real life. The computational power that QC enables could realistically transform how financial markets work through accuracy, speed and assessing…

US Treasury fintech report: four impacts to securities finance

August 2, 2018

Artificial Intelligence, Big Data, Collateral Management, Credit Exposure, Regulatory, US

collateral, fintech, technology, topstory, US Treasury

The US Treasury issued the fourth report in their series, “A Financial System That Creates Economic Opportunities”; this one focuses on Fintech. Some of the recommendations speak to matters that…

Crypto is mimicking securities finance business models but with vastly different technology

July 30, 2018

Cryptocurrency, Securities Lending, Technology

BlockFi, Crypto, technology, topstory

The cryptocurrency industry is growing up. In the latest move to bolster this emerging ecosystem, BlockFi, a provider of cash loans for cryptocurrency, received a $52.5 million investment from Galaxy…

Finadium announces H2 2018 event calendar for New York, London and Zurich

July 11, 2018

Collateral Management, Liquidity Management, Repo, Technology

collateral, Finadium events, Liquidity, Repo, Securities Lending, technology, topstory

Finadium will enter the fall months with a robust slate of events on technology, collateral, repo and securities lending. Here’s our upcoming calendar of events in New York, London and…

Finadium: Vendors for the Next Generation of Regtech

June 27, 2018

Technology

regtech, technology, topstory

The next generation of regulatory technology (regtech) is emerging as a dramatically new set of processes, standards and solutions than anything previously seen in financial markets. This is the creation…

GLMX Becomes a Registered ATS and Broker-Dealer

June 21, 2018

News and Notes, News and Notes – Fintech

GLMX, technology

GLMX Technologies, LLC (GLMX), a comprehensive technology solution for the trading of repurchase agreements (“repo”) and securities lending, has been granted registration by the Securities Exchange Commission (SEC) and the…

Is securities lending a model for the future of repo post-trade automation?

June 21, 2018

Todd Crowther

Automation, Repo, Securities Lending, Technology

automation, Pirum, Repo, Securities Lending, technology, topstory

Repo can learn a lot from the securities lending market. Automation in securities lending post-trades processing is at an advanced state whereas repo participants are at various stages of transitioning…

Addressing the Status Quo: Why is Securities Finance Under-served by Technology?

June 14, 2018

Padraig Donohue

Repo, Securities Lending, Technology

Ion, securities finance, technology, topstory

In this article, ION charts the evolution of securities finance technology solutions to show how we got to where we are. Then we outline a roadmap showing what being well-served…

Cinnober’s Minium signs on Marex Spectron for post-trade tech

June 5, 2018

News and Notes, News and Notes – Fintech

Cinnober, Marex Spectron, post-trade, technology

Minium Financial Technology, a Cinnober company, was selected by Marex Spectron for a new generation real-time risk management platform to support the growth of Marex’s agency business in exchange-traded derivatives and…

Does fintech or political protectionism have the upper hand in the globalization of financial markets?

June 5, 2018

Investments, Market infrastructure, Technology

capital markets, globalization, protectionism, technology, topstory

There appears to be an inverse relationship today between the global connectivity of financial services firms and the protectionist tendencies of many leading politicians. Can financial markets continue on their…

Top five trends in collateral management for 2018

May 30, 2018

Bimal Kadikar

Collateral Management, Derivatives, Technology

Bimal Kadikar, collateral management, technology, Transcend Street

Collateral management has broadened far past simple margin processing; collateral now impacts a majority of financial market activity from determining critical capital calculations to impacting customer experience to driving strategic…

What does it mean for AcadiaSoft to move into repo and securities lending margin processing? (Premium)

May 3, 2018

Collateral Management, Repo, Securities Lending, Technology

AcadiaSoft, collateral management, Repo, Securities Lending, technology, topstory

We noted in March that we were seeing overlap across industry utilities. The more that each utility grows, it sees that its clients have demands that it can serve. In…

Market feedback and trend analysis from the week (Premium)

March 22, 2018

Collateral Management, LIBOR, Technology

central collateral funding desks, collateral management, LIBOR, technology, topstory, utilities

At Finadium we have the good fortune of being able to speak with large cross-sections of the collateralized trading market on a regular basis. This week, we’re hearing some takeaways…

The Basel Committee thinks there are five bank scenarios for fintech disruption; only one matters in capital markets (Premium)

February 21, 2018

Artificial Intelligence, Basel III, Big Data, Blockchain, Regulatory, Technology

AI, Basel Committee, disruption, fintech, technology, topstory