Calpers Board to Review the Matter on August 17 Yu (Ben) Meng abruptly resigned from his post as chief investment officer for the approximately $409 billion California Public Employees’ Retirement System (Calpers) pension fund. Meng, whose resignation became effective August 5, became the chief investment officer in January 2019. Calpers has appointed Dan Bienvenue, deputy… Read More >>
Singapore Exchange Completes Post-Trade Overhaul
The Singapore Exchange (SGX), whose component businesses facilitate equity and derivatives trading, has implemented new functions for centralized clearing, settlement and depository services via an incumbent centralized post-trade clearing solution from LSEG Technology. The implementation, which went live Dec. 10 last year, is described as an end-to-end, post-trade transformation for a tier 1 market, officials… Read More >>
Broadridge Partners with StatPro for Performance Analytics
Broadridge Clients to Get Access to StatPro’s Cloud Post-trade systems and services provider Broadridge Financial Solutions reports a new strategic partnership with StatPro Group, a provider of cloud-based portfolio analytics and asset pricing services for the asset management industry. This partnership enhances the existing Broadridge performance reporting platform, which allows clients to receive customized daily… Read More >>
Steve Goswell to Receive ISITC Excellence Award
Goswell to Be Honored on March 19 ISITC is honoring industry veteran Steve Goswell, currently vice president of Bank of the West, with the ISITC Standard of Excellence Award at the industry standards group’s 24th Annual Securities Operations Summit in Boston next week. Goswell, who will receive his award on Monday, March 19, was picked… Read More >>
Object Trading Up to Speed on SGX’s Titan Platform
Object Trading DMA Coordinated with Titan A vendor of multi-asset trading systems, Object Trading, reports that its services will work with the Singapore Exchange’s (SGX) latest trading platform, Titan, based upon Nasdaq’s Genium INET platform. In conjunction with Titan, Object Trading will handle market data, order execution and pre-trade risk constraints for its clients… Read More >>
Exchanges, Clearinghouses, CSDs Embrace DLT with Caution
The world’s largest securities exchanges, clearinghouses and central securities depositories (CSDs) are exploring the possibilities of blockchain/distributed ledger technology (DLT). But concerns remain as to whether the technology will deliver the promised goods of a more streamlined and efficient world, according to a new survey conducted by the World Federation of Exchanges (WFE) and the… Read More >>
Singapore Exchange Restructures and Overhauls Staff
Singapore Exchange Reorganizes and Shuffles Personnel The Singapore Exchange (SGX) reports several recent changes to its personnel and organizational structure, including the consolidation of sales and product units —equities and fixed income, derivatives, and market data and connectivity (MDC) — to “improve operational efficiency,” according to a statement. The new structure also will consolidate SGX’s… Read More >>
