In the aftermath of the global credit crisis, hedge funds and their investors began to concentrate on counterparty risk and their exposure to service providers. Many hedge funds, if large enough, began to spread their positions across multiple prime brokers. At the same time, the larger firms’ appetite for offering prime brokerage services to small hedge funds was diminishing. This presented opportunities for some of the smaller firms and created an opening for new prime services entrants to the market.
Showing all posts by Jane Milner
THE GLOBAL EVOLUTION OF SECURITIES FINANCE
Over the past few decades, we’ve seen the global securities finance industry grow and evolve in many ways. When I started out in this business it was relatively small, and at the time we were seeing a dramatic expansion of the securities lending market. It always was, and still is, very much a people business, [...]
10 TRENDS IN SECURITIES FINANCE
As we continually work to help our customers capitalize on change, we have identified 10 key trends shaping the securities finance industry today. I wanted to share these trends here as they appeared in our recent announcement. How are you responding to these trends in securities finance? * * * * * * * * [...]
WHAT IS ENTERPRISE COLLATERAL MANAGEMENT? A VIDEO INTERVIEW
In the video below, my colleague Ted Allen and I answer several questions about enterprise collateral management. We’ve seen this issue become incredibly important in the wake of new regulations and its impact on costs and liquidity. Of course, enterprise collateral management and collateral optimization mean different things to different organizations, but as I say [...]
THE ONLY CONSTANT IS CHANGE: EVOLVING PRIORITIES IN SECURITIES FINANCE
Author: Jane Milner, market specialist, securities finance, SunGard It is a shame Greek philosopher Heraclitus is unable to see and comment on today’s rapidly evolving financial industry. Despite the hundreds of years between his life and present day, Heraclitus’s famous quote, “the only constant is change,” still rings true. And today we are seeing this [...]
SECURITIES FINANCE – HOW ARE YOU SURVIVING THE RECOVERY?
Author: Jane Milner, market specialist, securities finance, SunGard There’s much talk around surviving the recovery and post crisis and there is a commonality of ‘interest hotspots’ that is emerging amongst our customers. These fit well under SunGard’s focus of TEN for 2010: Transparency, Efficiency, Networks. These three key elements are applicable to many different areas [...]
