Securities lending
Finding Profits in the Back Office
Advancements in technology and automation have allowed hedge funds to cut costs and improve efficiencies. One potential area to look at in the back office is in the area of securities lending.
Itaú BBA Taps Broadridge for Sec Lending, Repo
Brazilian bank Itaú BBA, which is adding the US dollar-based products to its Itaú BBA USA Securities arm, is set to use Broadridge's comprehensive business process outsourcing (BPO) solution, which includes both technology provision and services hosting.
Markit Acquires Data Explorers in Buy-Side Play
Data Explorers' specialty in securities lending will provide an expansive data set and series of indices to clients.