Fidelity Agency Lending expands the proprietary programme to asset managers and other institutions, with a digital platform offering enhanced automation, AI-powered loan decision functionality and “unique benchmarking and transparency” functions
The enhanced platform offers a fully automated interface that will support the daily updating of client holdings in the FundApps system and maintain a global database of companies and regulations, Broadridge says
Spanish asset management group GVC Gaesco is committing to creating a new securities lending revenue stream for its Luxembourg-based funds through a partnership with fintech firm Sharegain
The new solution with Citi is designed to integrate with wealth managers’ existing IT infrastructure and provide a fully-digital user experience for underlying customers, from opting into the programme through to managing their lending
The Broadridge and Virtu partnership will provide a solution for asset managers to disclose transaction costs as they fulfil MiFID II and PRIIPs fund reporting requirements
Capitolis says upcoming regulations like Standard Approach to Counterparty Credit Risk will have a major effect on the capitalisation of financial institutions