This Week's Top Stories
July 25 2019
Prime brokerage and agency lending revenues in Q2 2019 are both down significantly from the prior year. Part of the reason is Federal Reserve risk-off rate decisions that are propelling the markets, and more political intervention that most market participants care to weather. There are no easy solutions for either. Another part has to do with the lack of specials. There are solutions to moving forward but it would take some willingness to change.
July 24 2019
As blockchain infrastructures reach production stages in financial services, security teams are figuring out how to integrate distributed systems with legacy structures. At a recent seminar, we heard in an interview on the sidelines of the event about how compliance procedures are automating and changing for big banks and other financial services firms, as well as institutional crypto.
July 23 2019
DTCC has set their sights high on becoming the first and so far only CCP in North America to clear the for both the buy-side and sell-side. We spoke with their experts to get the details on their planned Securities Financing Transactions (SFT) CCP. Here’s what we learned.
July 22 2019
Big tech firms have launched business models to become the Netflix of gaming. While some strategies already exist in financial services, gaming-as-a-service shows some possible extensions.
