The securities finance pre-trade solution is now in daily use by Citi and other global financial institutions, with further DPG clients in the final stages of implementation
Following the achievement, the two firms have partnered to launch a new title transfer model with a pledge-back feature, tailored specifically for UCITS clients
Clarity remains a key barrier to readiness, highlighting the need for further regulatory lucidity in addition to system changes to support mandatory clearing, says new survey
The strategic partnership will focus on accelerating the adoption of artificial intelligence, as well as post-trade automation for financial institutions