Banks could save $4 billion with utility model, finds Broadridge
The adoption of a utility model for core post-trade and related processes, could save banks up to $4 billion annually, according to a report from Broadridge.
Post-Trade
More convincing needed for beneficial owners in CCP sec lending debate
Regulatory pressures are encouraging more securities lending activity to take place through central counterparties. However more work is needed to win over beneficial owners, according to panellists at the IMN European Securities Lending Conference.
LiquidMetrix to provide TCA on Ullink
Transaction cost analysis (TCA) specialist LiquidMetrix has teamed up with Ullink to provide its services to users of its global network.
Deutsche Bank merges derivatives clearing with prime services unit
Deutsche Bank has merged its Listed Derivatives and Markets Clearing business with its Prime Services unit, according to a source close to the matter.