The TRADE

MARCH 12, 2024

Digital Asset’s blockchain network Canton has completed a pilot involving a large group of major investment banks and asset managers demonstrating interoperability of independent distributed ledger applications (dApps) in the capital markets domain.

Asset Management 119

Asset Management Investment Banking Management Bank 119

Accenture Capital Markets

JUNE 18, 2024

Generative AI (gen AI) is predicted to impact over two-thirds of all functions across the capital markets industry, suggesting that the technology has the potential to significantly transform all its segments—including asset management. The majority of asset manager have already started on this journey.

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Asset Management Management Capital Market Government 73

The TRADE

JUNE 24, 2024

UBS appointed Carlos Salcedo head of capital markets financing sales Americas, according to an internal memo seen by The TRADE. Before joining MEAG, Malakis held senior sales positions with international asset managers, including Generali Insurance, Vanguard International and Schroders.

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Asset Management Management Sale Portfolio Management 64

The TRADE

JUNE 10, 2024

Previously in his career, he served as head of equity trading for Asia Pacific at Deutsche Bank and Deutsche Bank Securities for two years and 13 years, respectively. Alex Livingstone, formerly head of trading for ETFs and FX at Titan Asset Management, joined Titan Investment Solutions as a junior portfolio manager and trader.

Asset Management 64

Asset Management Management Trading Equities 64

The TRADE

APRIL 29, 2024

He originally joined Liberum eight months ago from Numis Securities – now Deutsche Numis, following its acquisition by the bank last year. Joe Wald, BMO Capital Markets’ managing director and co-head of electronic trading left the bank, departing after four years in his most recent role, according to an update on his social media.

Capital Market 64

Capital Market Capital Electronics Asset Management 64

The TRADE

JUNE 15, 2023

SIFMA and its asset management arm have published an open letter expressing concerns about the SEC’s proposal to redefine what constitutes an exchange and expand Regulation ATS, stating that it is not appropriately tailored to existing systems.

Asset Management 64

Asset Management Management Broker Trading 64

The TRADE

MAY 1, 2024

Some 83% of asset managers plan to change product strategy in the next two years, a new survey from Northern Trust has found, emphasising the need to cater to diverse investor needs. Technology appears to be at the heart of that change, with 77% planning to leverage new tech within the same timeframe.

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Asset Management Management Investors Trading 59

The TRADE

OCTOBER 22, 2024

One other point was that there should be a recommendation, but not a regulatory requirement, to transition the mutual fund subscription and redemption settlement cycle to T+2 from the common T+3/4 in the UK and other popular EEA fund jurisdictions to coincide with the UK, EU and Swiss transition to T+1 in capital markets.

Asset Management 59

Asset Management Management Capital Market Trading 59

The TRADE

FEBRUARY 27, 2024

The deal will further bolster FIS’ capital markets technology offering, having acquired SunGard in a major deal back in 2015. trillion asset manager Franklin Templeton outsourcing its entire global transfer agency (TA) operations to FinTech FIS.

Trading 111

Trading Capital Market Asset Management Capital 111

Accenture Capital Markets

SEPTEMBER 5, 2023

According to the cyber crime study, an asset management firm could spend more than $17 million per year on charges relating to managing and recovering from incidents. Methodology The study analyzed nine security technologies on two levels. In total, cyber crime costs an organization an average of $11.7

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Asset Management Management Business Securities 97

The TRADE

NOVEMBER 10, 2023

Abu Dhabi Securities Exchange (ADX) has selected the Intercontinental Exchange’s (ICE) Global Network to offer direct market access to global institutional investors. ICE Global Network will be leveraged by ADX to expand its global investor base by facilitating real-time access to market data and order entry.

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Collaboration Securities Financial Institution Investors 64

The TRADE

AUGUST 28, 2023

Northern Trust promoted Dane Fannin as its new head of global foreign exchange (GFX)and securities finance within its capital markets business. In his new role, Fannin will be responsible for innovation and business growth across Northern Trust’s suite of GFX and securities finance solutions.

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The TRADE

JULY 18, 2024

The Green Impact Exchange (GIX) is on track to becoming the first sustainability-focused securities exchange in the US to file with the US Securities and Exchange Commission (SEC), and if approved, could begin operations in early 2025. GIX will provide that.”

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The TRADE

DECEMBER 28, 2023

At the time, the Swiss National Bank said that the takeover provided a solution “to secure financial stability and protect the Swiss economy in this exceptional situation”. Adam Matuszewski Based in London, Matuszewski joined the market maker as its new head of business development for EMEA.

Asset Management 69

Asset Management Electronics Trading Equities 69

The TRADE

JANUARY 8, 2024

RBC BlueBay Asset Management equity trader, Michael Tamou, left the asset manager to join Qube Research & Technologies (QRT). He originally joined the asset manager as an investment operations analyst in 2020. Previously in his career, he spent a year as an operation analyst at Liquidnet.

Asset Management 64

Asset Management Equities Sale Investment Manager 64

The TRADE

DECEMBER 27, 2023

The acquisition was completed earlier this month, with operations acquired set to be rebranded as Marex Prime Services and Market Outsourced Trading, with both becoming part of the Marex Capital Markets business (formed last year following the acquisition of ED&F Man Capital Markets). He will report to Blatch.

Acquisitions 110

Acquisitions Mergers and Acquisitions Trading Capital Market 110

The TRADE

APRIL 8, 2024

He joined Cowen as managing director for fixed income outsourcing in February 2022, transitioning to commodities specialist Marex as part of the sale of Cowen’s outsourced trading and prime brokerage business at the end of last year. He has also held senior roles at Martin International Securities and Tullet & Tokyo Securities.

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Asset Management Trading Sale Investment Banking 64

The TRADE

MAY 15, 2024

BNY Mellon has today announced the integration of Global Markets Trading (GMT), which will combine the firm’s capabilities in foreign exchange, fixed income, equities and capital markets to provide full-service client provisions.

Trading 69

Trading Asset Management Capital Market Broker 69

The TRADE

JULY 31, 2023

Deutsche Bank has re-entered the local DCM in South Korea as it expands its investment banking capabilities in the region in a bid to support its local clients in accessing global debt capital markets. It also provides asset management services to its South Korean clients through Deutsche Bank subsidiary, DWS.

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Investment Banking Bank Banking Debt Capital Markets 52

The TRADE

OCTOBER 13, 2023

Previously in his career, he also spent almost a decade at the asset manager in an equity trading role until 2006 and later spent nearly four years at SEB. LSEG has reshuffled its capital markets top brass significantly in recent years in a bid to simplify its leadership across its expanding asset class remit.

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Trading Sale Capital Market Equities 59

The TRADE

JANUARY 26, 2024

What is the future outlook for AI use across capital markets? This year the market will see more generative AI use-cases go from pilots to production. Throughout 2023, we saw generative AI experimentation across the capital markets ecosystem. How is the industry adjusting to the increasing prevalence of the cloud?

Capital Market 59

Capital Market Financial Institution Capital Asset Management 59

Razorpay

AUGUST 9, 2023

Portfolio Management Merchant banking companies provide portfolio management services to high -net-worth individuals and corporate investors. These services include a selection of securities, portfolio monitoring and review, advice on the rationalization of portfolios, and tax planning.

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Bank Banking Business Underwriting 52

The TRADE

APRIL 15, 2024

Fixed income markets revenue was $5.3 Equity markets revenue was $2.7 Markets & securities services (MSS) revenue saw a lesser decrease, down 2% to $9.2 billion thanks to the securities services revenue having increase 3% to $1.2 billion, flat to the prior year. year on year (up 47.9%

Equities 59

Equities Investment Banking Capital Market Bank 59

Accenture Capital Markets

SEPTEMBER 5, 2023

Institutional investors and pension plans are increasingly looking to double down on core activities, such as security selection, and leverage an ecosystem of managed services providers to deliver on critical non-core activities like cyber-security, financial planning and analysis, and technology infrastructure.

Investment 89

Investment Funds Management Investors 89

Accenture Capital Markets

JANUARY 22, 2024

Investor appetite for such investments is rapidly increasing, as banks, asset managers and large corporates all seek ways to invest in sustainability. When a bond is issued as a token on DLT, it represents an asset—in this case an investment in a green bond—immutably securing the buyer’s ownership.

Investment 103

Investment Investors Finance Finance 103

The TRADE

JULY 11, 2023

Rachel Kent’s review focuses on removing enough of the operational burdens to encourage asset managers to take advantage of new rebundling freedoms, but not so much that transparency to asset owners is completely jettisoned. We see this proposal as a progressive step, with its success dependent on securing appropriate funding.”

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Asset Management Investment Government Capital Market 40

The TRADE

DECEMBER 21, 2023

The pandemic marked a seminal moment across the capital markets, effectively drawing a line between the old world and the new. So balance is key here: there are obviously benefits to an internal trading desk within an asset manager or hedge fund, but the same is true of the opposite for many in 2023.

Trading 64

Trading Management Asset Management Funds 64

The TRADE

AUGUST 4, 2023

There are pockets within the digital asset ecosystem where inroads are being made, primarily with respect to tokenisation. I would also say that securities-based oversight of digital asset products hasn’t been well received by participants in this system.

Trading 52

Trading Government Asset Management Management 52

The TRADE

JULY 6, 2023

Speaking to the key considerations for the European buy-side community, Susan Yavari, regulatory policy advisor – capital markets at European Fund and Asset Management Association (EFAMA) highlighted that identifying potential pain points is the overarching focus.

Funds 59

Funds Investors Trading Management 59

The Deal

JULY 18, 2023

As many private credit firms reduce their hold sizes, borrowers in need of more financing to pursue add-ons must reach out to new lenders to come into the deal, according to Jess Nels, managing director in the capital markets team at Churchill Asset Management LLC. billion for West Street Mezzanine Partners VIII.

Debt 52

Debt Finance Finance Private Equity 52

The TRADE

JANUARY 3, 2024

David Berney and Michael Broadbent run Ergo Consultancy which delivers what it refers to as provider “beauty parades” for buy-side organisations looking to outsource their trading, whereby it presents all the services in the industry to that asset manager, hedge fund or asset owner. The list goes on.

Trading 64

Trading Asset Management M&A Broker 64

Peak Frameworks

OCTOBER 30, 2023

Investment Banking Activities Investment banks have a dual role; they provide advisory services to corporations and governments and raise capital by issuing and selling securities in the capital markets. These include: Physical Branch Costs: Rent, utilities, maintenance, and security for each branch.

Bank 52

Bank Banking Proprietary Trading Investment Banking 52

The TRADE

AUGUST 7, 2024

Outsourced trading, though undoubtedly a contentious topic, is something that has been around in capital markets for decades in some form or another. From Tourmaline’s perspective, Hantman asserts that the firm has been trading for multiple trillion plus asset managers for years, though these are unwilling to be named publicly.

Trading 59

Trading Management Investment Manager IT 59

The TRADE

OCTOBER 18, 2024

On the topic, Rieb-Smith adds: “We’re in an environment where you’ve seen the macro community morph into multi-strats (because they’ve gone into equity strategies whether that be volume, capital markets and ultimately quant). Then you’ve got the quants who have started to look at fixed income products.

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Broker Funds Bulge Bracket Bank 69

The TRADE

MAY 23, 2024

It is rare, for example, that you’ll find an asset manager worrying about the good of the market or how an order might influence the primary lit market share, over whether or not they have achieved the optimal outcome for their portfolio manager and end investor.

Trading 52

Trading Investors Broker IT 52

The Deal

JUNE 21, 2023

Brookfield Infrastructure Partners LP (BIP) and its institutional partners, along with existing investor Ontario Teachers’ Pension Plan, on Tuesday, June 20, announced that they have agreed to acquire Compass Datacenters LLC from RedBird Capital Partners LLC and Azrieli Group Ltd. Deutsche Bank Securities Inc. Hazlett, Adam M.

M&A 40

M&A Capital Asset Management Management 40

The TRADE

APRIL 30, 2024

These regulations have significantly impacted the operations and behaviour of financial institutions, contributing to greater stability, transparency, and accountability in global financial markets. New rules have impacted almost every financial firm, ranging from banks to asset managers.

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Financial Institution Financial Market Risk Management Bank 69