Broadridge on Seclending Algos – TRS Growth – Buy-side Consolidation and SecLending

This Week's Top Stories

The Hunt for the Algorithms to Automate Securities Lending

October 15 2020

Increasing the automation of securities finance and collateral management requires taking a joint technical and business perspective. Without it, firms could find themselves failing to progress or misdirecting IT investment. A guest post from Darren Crowther and Martin Walker of Broadridge.

SFM Interview: how “smart buckets” differentiate as secfinance standardizes (Premium)

October 14 2020

Prevailing market trends mean that practitioners are under greater pressure than ever to work smarter as new regulations and technology emerge. One of the ways that’s taking shape in securities finance is in the use of advanced tech to consider risk weighted assets (RWA) as part of multi-faceted deals with multiple options. We speak with David Lewis, senior director in FIS’ Capital Markets SDT (Securities, Derivatives and Tax) business, about the development of “smart buckets”.

Synthetic prime brokerage revenue now bigger than physical financing revenue for the first time (Premium)

October 13 2020

A new study from Finadium finds that for the first time, prime brokerage revenues from synthetic financing have outstripped revenues from physical securities financing including securities borrows and margin lending. This analysis follows our consistent revenue analysis methodology in place since 2012.

Finadium: Total Return Swaps and Bank Resource Optimization

October 13 2020

This Finadium report investigates current dynamics in the Total Return Swaps market with a focus on bank resource optimization. We deliver market sizing through H2 2020 and analyze the dynamics that lead to a continued preference for TRS over physical financing transactions.

As asset managers consolidate, who wins and loses in securities lending? (Premium)

October 12 2020

Morgan Stanley is buying Eaton Vance. Nelson Peltz’s Trian has taken a 10% stake in Invesco and Janus Henderson and is encouraging both firms to look at merger options. The pace of asset management consolidation is continuing fast. For securities lending, in particular agent lenders, we look at the data to see what these changes mean for their businesses.