Announcement
Consortium led by Euroclear uses CBDC to settle French treasury bonds
A consortium of institutions led by Euroclear have successfully experimented central bank digital currency (CBDC) for settling French treasury bonds …
Cloud
Asset managers warm to Snowflake cloud tech
Snowflake is more than a passing trend but is becoming increasingly important in the asset management industry with 28% either …
Crypto currencies
Digital currencies could trigger financial meltdown
Regulators need to work quickly to implement a set of rules for crypto currencies, because of the “plausible” risk of …
ESG-News
EU first green bond sets record size and demand
The European Union sold its first ever green bond attracting record demand, potentially making the bloc the biggest issuer of …
Analysis
Discrimination figures in UK financial services
Two in three or 66% of UK finance workers from black and minority ethnic backgrounds have suffered discrimination in the …
Analysis
T+1 for equities will be standard in five years
T+1 for equities will be standard within five years, according to a new White Paper – Securities Services Evolution – …
Consultation
ESMA proposes changes to “burdensome” best execution obligations
The European Securities and Markets Authority (ESMA) has invited market participants to comment on its consultation paper setting out proposed …
ESG-News
Willis Towers Watson and Qontingo launch new climate transition indices
Willis Towers Watson, a global advisory, broking and solutions company has joined forces with Qontigo to launch the STOXX Willis …
Announcement
LSEG partners with Finbourne
FINBOURNE Technology’s SaaS investment data management platform, LUSID will be adopted by the London Stock Exchange Group as a digital …
ESG-News
MSCI launches its Climate Lab for investors to measure and manage risks
MSCI has launched its Climate Lab, a new application for enterprise-level monitoring and management of climate and financial risks for …
ESG-News
Asset managers not engaging with companies on climate change
Despite the focus on the environment, asset managers engage with less than 20% of their portfolio companies on climate impact …
Announcement
BNY upgrades its custody FX offering
BNY Mellon is expanding its custody FX offering, adding new trading capabilities and pivoting from a primarily custody-focused service model …