Illness Hastens Exit for Barclays’ Top Finance Director Chris Lucas, the group finance director for Barclays, will step down from his position and the board on Aug. 16, which is earlier than expected because of health concerns, according to bank officials. Lucas was slated to step down on Feb. 28 next year.“My health was a… Read More >>
DTCC Hits Corporate Actions Milestone as Woodfield Eases Ops Burdens
DTCC Hits Corporate Actions Milestone The DTCC reached a milestone in June when it distributed 100 million ISO 20022 corporate actions announcement messages to banks, brokerages and other financial institutions, say officials at the industry utility.The DTCC, through its subsidiary, the Depository Trust Company, began distributing ISO 20022 announcement messages in November 2011 after an… Read More >>
eClerx Takes on CSA Data as Advise Targets European Filing Directive
eClerx Launches ISDA CSA Solution Business processing vendor eClerx has launched the ISDA Credit Support Annex (CSA) Document Risk Review solution to help financial institutions mine information from CSAs for over-the-counter derivatives clearing, company officials say. The offering aims to offer more support for credit and legal risk, optimization of cash and collateral, and operational… Read More >>
