NewsInBrief erations, and many continue to express an interest in this new solution. Partnering with Omgeo is a logical step as it allows us to assist our clients to increase efficiencies in the processing of listed derivatives and reduce operational risks.” Ted Leveroni, executive director of derivative strategy and external relations at Omgeo, added: “As hedge funds continue to boost their trading strategies with listed derivatives, they need to ensure their middle- and back-office processes keep pace with their front-office activities. This new joint offering highlights Omgeo’s aim to facilitate efficiency across the evolving global markets, increasing the use of best practice automation and lowering risk for buy- and sell-side firms alike.” EquiLend partners with Finadium and FinTuition EquiLend University, the global training programme of EquiLend, will be run in partnership with Finadium in North America and FinTuition in EMEA and Asia. Finadium is a research and consulting firm focused on securities finance and asset ser- vicing. The firm publishes an independent research report series highlighting securities lending, repo and collateral management for EquiLend University. FinTuition is an international training company based in London that specialises in securities finance business including, securities lending, equity finance, hedge funds, prime brokerage, repo and collateral management. Brian Lamb, CEO of EquiLend, said: “As our use base continues to grow, it is necessary to expand our global training programme for our platform by partnering with Finadium and FinTuition.” “The partnerships will allow us to deliver an even more robust training programme that will include an integral certification component. This qualification will provide an industry standard of measuring the caliber of one’s EquiLend expertise.” Josh Galper, managing principal of Finadium, commented: “EquiLend University is an opportunity for EquiLend, BondLend and DataLend users to solidify their expertise and gain credentials that are recognised in the securities finance business.” Roy Zimmerhansl, owner of FinTuition, said: “It has been a pleasure to work with EquiLend in developing this course, and we have been very pleased with the support we have had in this project from the EquiLend team and many of their major clients.” GSF down but AUA up for Clearstream Clearstream’s January 2013 figures showed a decrease in global securities finance (GSF) but an increase in assets under custody. In February 2013, assets under custody held on behalf of customers reached €11.4 trillion, a year-on-year increase of four percent. For GSF services, the monthly average outstanding reached €563.3 billion. The combined services, which include triparty repo, securities lending and collateral management, collectively experienced a drop of six percent over February 2012. The investment funds services saw an 18 percent increase over February 2012, with 0.62 million transactions processed. Exploring your alternatives? Our global prime finance team has the perfect combination of skill, knowledge and responsiveness to assist our clients. As a leader in prime brokerage we offer access to difficult to borrow securities, capital introduction, and a robust balance sheet. Count on our global market expertise to help you stay on top of market positions, around the clock and around the world. † CAPITAL RAISING • MERGERS & ACQUISITIONS • RISK MANAGEMENT • RESEARCH • INSTITUTIONAL SALES & TRADING BMO Capital Markets is a trade name used by BMO Financial Group for the wholesale banking businesses of Bank of Montreal, BMO Harris Bank N.A. (formerly Harris N.A.) and Bank of Montreal Ireland p.l.c, and the institutional broker dealer businesses of BMO Capital Markets Corp., BMO Nesbitt Burns Trading Corp. S.A and BMO Capital Markets GKST Inc.in the U.S., BMO Nesbitt Burns Inc. (Member – Canadian Investor Protection Fund) in Canada, Europe and Asia, BMO Nesbitt Burns <strong>Securities</strong> Limited (registered in the United States and a member of FINRA), BMO Capital Markets Limited in Europe, Asia and Australia and BMO Advisors Private Limited in India. ® Registered trademark of Bank of Montreal in the United States, Canada and elsewhere. 8
® The Science of Finance. Markit is a leading, global financial information services company. We provide independent data, valuations and trade processing across all asset classes in order to enhance transparency, reduce risk and improve operational efficiency. Our client base includes the most significant institutional participants in the financial marketplace. markit.com
Change language