Emerging Technologies
BNY Mellon Taps Sakati for Securities Financing Program
BNY Mellon has named Dean Sakati as head of strategy and business development for its securities finance division, which resides in the company's Global Collateral Services (GCS) business. GCS currently services $2 trillion in global collateral.
Wizards of Oz: Why ‘Down Under’ Doesn’t Mean ‘Down-and-Out’
Australia is about as far as you can get from the financial centers of New York, Chicago and London. But that isn’t stopping Antipodean entrepreneurs from setting their sights further afield.
Metrics Man: BNY Mellon CIO Suresh Kumar
Suresh Kumar moved to the US at 24 to find a job in technology. Along the way to becoming CIO at BNY Mellon, he directed the first online brokerage, built a laudable technology stack at Pershing, and installed a software company back home in southern…
April 2013: The Naming of Parts
Are initiatives like the investment book of record, and post-VaR risk models really new? Or, Victor asks, have the old parts simply been given new names?
Poll: Intra-firm Collaboration Is Key
Collaboration within firms is increasing, according to a poll by Boston-based analyst firm Celent. At least, the need for collaboration is increasing. It may take a new set of tools to exercise those collaborative muscles to the fullest.
Omgeo Adds Three to Board
Edward Hazel, Richard Taggart, and Susan Cosgrove replace John Devine, Peter Johnston, and Donald Donahue, who are stepping down from the post-trade services provider's leadership.
Multi-Bank Group Aims for Client Enablement Standardization
A group of major sell-side institutions have launched a working group, the Trading Enablement Standardization Initiative (TESI), in order to facilitate client and trader enablement on electronic trading platforms.
Eurex Clearing Names Book CEO
Thomas Book will be joined by three other executives taking new titles at the company, effective April 1
The FCA Wants You to Know That It Knows Technology Exists
With the split of the UK Financial Services Authority (FSA) into two component parts rapidly approaching, one arm has released its business plan and risk outlook, where it touches on technology in strokes so broad they're almost invisible.
Instinet Buffs Bramham for Asia Head Role
Agency-only broker Instinet has selected Shaun Bramham as its regional head of Asia-Pacific, replacing Glenn Lesko, who is returning to the US.
Linedata Seals CapitalStream Deal
Linedata has completed its acquisition of software platform provider CapitalStream from HCL Technologies.
SocGen Securities Services Opens Alternative Funds Center
Société Générale Securities Services (SSGS) in Luxembourg has established a center of expertise to serve its alternative fund clients. The center will provide private equity, real estate and tangible asset support.