As part of a wider board reshuffle BNY Mellon's Simon Tomlinson was re-elected as treasurer, while Krangel, Citibank, moved into the role of executive officer.
The programme plans to build a “balanced ecosystem”, responsible for aligning responsibilities and benefits related to economics and governance, bringing “greater choice and transparency” to the market
An audience poll at this years' 11th Annual Fleming Conference has revealed that buy-side participant still have a long way to go in streamlining their collateral processes
Crowther will be responsible for business development and will be active in Pirum’s equity finance, liquidity management and prime brokerage businesses
As a triparty collateral agent, BNP Paribas Securities Services handles its clients’ collateral needs, from net exposure calculation, automatic collateral allocation and substitution, to physical settlement and custody of these assets
