Clearly, the SEC is not superstitious as it announced this past Friday the 13th major changes for securities lending via the adoption of new Rule 10c-1a. I think the industry is hoping the changes may help securities firms make the most of whatever good luck comes their way. In its announcement, the SEC focused on… Read More >>
Securian Trust Employs SEI’s Cloud-Based Platform
SEI Client to Focus on Automation & Integration SEI reports that Securian Trust Company, an SEI client since 2009, will adopt its wealth platform, intended to “provide a seamless experience for … clients and the advisors that serve them.” The platform, SEI says, is a “fully-integrated, single-infrastructure technology solution developed to support client relationship management,… Read More >>
New Securities Lending Regime Spurs Rejection & Acceptance
Securities lending is changing, as new regulatory pressures cause firms to reevaluate whether the activity — formerly a safe, easy way to make a few basis points — is still worth the trouble, according to a new report from securities finance and asset servicing consultancy Finadium, based in Concord, Mass. Interestingly, asset managers are responding… Read More >>
Firms Topple the Securities Lending Silo
The deep recession of 2007-08 and the wave of regulatory reforms that followed have spurred a transitional period for the niche realm of securities lending operations as firms struggle to balance the competing demands of operational efficiency and organizational oversight, according to a new report from market research firm Finadium. The report, “A New Look… Read More >>
