Xenomorph to Support Key Groups at RA Capital Boston-based investment manager RA Capital has selected data management solutions vendor Xenomorph to provide enterprise data management (EDM) support for the firm’s bio-tech and financial data needs, officials say. “We were diligent in the selection of RA Capital’s data platform. We wanted more than a standard security… Read More >>
Cowen to Use RBC C&C for Correspondent Clearing
RBC Clearing and Custody (RBC C&C) and Cowen’s Correspondent Clearing group have signed an agreement to move a subset of Cowen’s clients to the RBC clearing platform, officials say. The Cowen agreement fits in with RBC C&C’s strategy to expand the reach of its clearing platform to broker-dealers with institutional clients, and registered investment advisors… Read More >>
Keep Hope Alive for 2021
It’s next to impossible to predict what the major trends in securities operations will be in 2021. The industry is still focused on what the new world will be after the fatal COVID-19 pandemic is defeated by vaccines and new behaviors. We may be in a holding pattern for at least the first six months… Read More >>
Pension Fund Picks Markit’s EDM Platform
Markit, a provider of financial information services, reports that the state of Wisconsin’s investment board (SWIB) has selected Markit’s enterprise data management (EDM) platform as a “central hub for all of its investment data and reconciliations.” SWIB, created in 1951, is the ninth largest US public pension fund and the 28th largest public or private… Read More >>
J.P. Morgan
J.P. Morgan Worldwide Securities Services (WSS) is a securities servicing provider for institutional investors, alternative asset managers, broker dealers and equity issuers. The WSS unit offers services for: Commercial Paper GlobeClear (international clearing, settlement and custody) U.S. Broker/Dealers Benefit Payments Collateral Management for Cash, Derivatives and Securities Compliance Reporting Depositary Receipts Direct Custody & Clearing… Read More >>