The fund is Federated Hermes' first product designed to satisfy the requirements for eligible reserve assets that payment-stablecoin issuers are required to maintain under the GENIUS Act
Headquartered in Riyadh, BSF Capital is a financial services provider and the investment arm of BSF, a banking institution in the Kingdom of Saudi Arabia
The firm is launching a hybrid post-trade infrastructure handling both traditional and digital securities, digitising the full lifecycle, including settlement, custody, and asset servicing
Stephen O’Donnell joins ISLA from BNY, where he spent four years as EMEA head of sales and relationship management for global collateral and global clearing
Diane Sherman brings more than 20 years of experience across capital markets, focussing on the evolution of tokenisation, trading platforms, and collateral optimisation to the role