Claudia Preece

3 weeks ago | thetradenews.com | Claudia Preece

Sand Grove Capital Management has selected HUB, a cloud-based post-trade platform, to automate and optimise its reporting workflows. The London-based alternative investment firm, which manages $1.2 billion across event-driven offshore funds and a UCITS strategy, will leverage HUB’s platform to consolidate and match post-trade data from multiple sources.

3 weeks ago | thetradenews.com | Claudia Preece

Why has cloud adoption across capital markets picked up so much in the last few years? If you think about the evolution of markets, both where they are today and how they compete, operational resilience is the absolute top concern, but resilience is also function of their wider ecosystem as well.

3 weeks ago | thetradenews.com | Claudia Preece

What advice would you give those looking to consolidate their transaction data? Begin with a thorough analysis of your scope and objectives. Clearly define the problems you’re trying to solve through data consolidation and what capabilities you want to establish. Consider whether you’re focusing on a single asset class like equities or expanding to cross-asset and derivatives, as this impacts the number of data sources and adds complexity to the data consolidation.

3 weeks ago | thetradenews.com | Claudia Preece

Lloyds has partnered with BNP Paribas to offer its clients access to the bank’s foreign exchange execution algorithms. The partnership is set to offer FX algo capabilities to Lloyds’ corporate and financial institution clients to allow for more efficient FX trade execution, supported by BNP Paribas’ solutions. The firms said that this will be done while retaining transparency and control through “robust” TCA.

1 month ago | thetradenews.com | Claudia Preece

Royal Bank of Canada (RBC) has joined UK clearinghouse LCH CDSClear as a clearing member. The bank joins CDSClear as a market maker in both European and US indices. LCH CDSClear expanded its client clearing services to US credit derivatives participants in 2024. This latest development follows on from RBC and its Channel Islands subsidiary joining LCH RepoClear as clearing members in 2020, with the move at the time offering RBC additional financing liquidity to support its European client activity.