Leading the Way
Global Securities Âé¶¹Ó°ÊÓ´«Ã½ News and Commentary
Securities finance news and commentary
Industry
Al Rajhi Capital and Wamid sign agreement
22 January 2026 Saudi Arabia
Reporter: Hansa Tote
The agreement aims to support operational excellence, strengthen the services offered, and enhance access to the Saudi market in alignment with industry best practices and standards
People moves
EXANTE welcomes Kishchuk
22 January 2026 Cyprus
Reporter: Hansa Tote
Alex Kishchuk brings more than a decade of experience to the firm, having previously held positions at J.P. Morgan, Allfunds Bank, and BNP Paribas’ Securities Services
Repo
State Street completes first Eurex Repo trade for MN
19 January 2026 Europe
Reporter: Carmella Haswell
In a newly designed structure, State Street acts on behalf of its clients to facilitate the direct clearing and settlement of reverse repo transactions using a CCP framework via Eurex Clearing
Regulation
The ESAs and UK financial regulators sign MoU
19 January 2026 Europe
Reporter: Hansa Tote
The European Supervisory Authorities and UK financial regulators have signed an MoU on oversight of critical ICT third-party service providers under the Digital Operational Resilience Act
Leading the Way
Global Securities Âé¶¹Ó°ÊÓ´«Ã½ News and Commentary
Is AI vs humans the right question?
Martin Walker, product manager at FIS, reflects on how the industry should look to use AI to supplement rather replace people, in improving efficiency, quality, and operational risk in securities finance
A new dawn
As the securities finance industry welcomes 2026, Hansa Tote gathers insights from industry experts on what they expect from the upcoming year
A transformative year: 2025 unpacked
In a review of the last year, Hansa Tote invites industry experts to discuss the drivers that have shaped the securities finance industry over the past 12 months
Cboe Clear Europe and BNY unlock UCITS access
Cboe Clear Europe has named BNY as the first agent lender of its securities financing transactions clearing service — the first to clear on behalf of UCITS clients, allowing them to participate in centrally cleared SFTs. Hansa Tote reports
The meteoric rise of ETFs: Future investment
Set to face a steep upward trajectory in the next 10 years, the ETF market has secured the attention of the securities finance space. As the industry reviews the expanding possibilities, experts debate whether the current infrastructure is ready to handle such growth. Carmella Haswell reports
Initial margin developments and best practices in 2025
Giuseppe Alessio Caccamo, senior lead, product analysis and design at S&P Global Market Intelligence, highlights the significance of initial margin, exploring best practices for margin assessment and the importance of ongoing validation processes
Leading the Way
Global Securities Âé¶¹Ó°ÊÓ´«Ã½ News and Commentary
Euroclear
Miguel Ferreira and Marije Verhelst
Securities financing is going through a seismic transformation, sparked by fast-moving macro events, ever-shifting regulations, and rapid digitalisation. Miguel Ferreira and Marije Verhelst discuss how Euroclear’s Collateral Highway is adapting to the changing dynamics
n-Tier
Peter Gargone
Carmella Haswell sits down with Peter Gargone, founder and CEO of n-Tier, to discuss what may be in store for the year ahead
Pirum
Zoë Balkwell
Zoë Balkwell, head of pre-trade and trading at Pirum, sits down with Carmella Haswell to discuss the evolution of the trading desk and connecting to post-trade
Clearstream Securities Services
Sam Riley
Sam Riley, CEO of Clearstream Securities Services, sits down with Carmella Haswell to review the European capital market and the firm’s steps to sustain interoperability across the continent and further afield
Euroclear
Mike Reece and Marije Verhelst
Euroclear’s Mike Reece and Marije Verhelst sit down with Hansa Tote to discuss the last year, which included hitting €2 trillion on its Collateral Highway, reducing market fragmentation, connecting to the ECB’s ECMS, and what to expect in 2026
BNP Paribas
Andrew Geggus
BNP Paribas’ Andrew Geggus catches up with Carmella Haswell, discussing the shifting landscape for securities lenders, his move to lead Triparty Collateral Services, and the core aspects shaping the roadmap ahead
BNY
Gesa Johannsen
Gesa Johannsen, managing director, executive platform owner, Global Collateral Platform at BNY, explores how digital innovation and central clearing shape global liquidity
Standard Chartered
Margaret Harwood-Jones
Margaret Harwood-Jones, managing director, global head of Financing and Securities Services at Standard Chartered, speaks to Zarah Choudhary about accelerating growth in Europe, the role of AI in securities services, and how frontier markets are driving the next wave of innovation
Leading the Way
Global Securities Âé¶¹Ó°ÊÓ´«Ã½ News and Commentary
News and people moves roundupTranscend’s connected approach
Paul Wilson explores collateral connectivity and moving beyond reactive processes.Repo panel
Industry experts discuss the underlying plumbing required to support the repo market.Poland’s market evolution
Poland boasts the largest equity market in Central and Eastern Europe, having reached unprecedented heights in 2025. Hansa Tote explores the drivers behind the growth and what to expect next.