BNP Paribas Securities Services has launched a tri-party collateral management service that aims to connect buy-side and sell-side firms in order to unlock liquidity pools and improve the collateralization process across a wider range of securities. The service provides exposure to segregated markets, enabling clients to access previously untapped sources of collateral. In addition, clients… Read More >>
BNY’s JGB Collateral Service Open to Non-Japanese Firms
BNY Mellon has introduced a cross-border solution that enables Japanese and non-Japanese institutions to utilize Japanese government debt (JGB) as part of tri-party collateral arrangements, says Staffan Ahlner, head of collateral management —product, for BNY Mellon Markets Group. The service provider says the solution is distinctive because it increases liquidity in the collateral market “by… Read More >>