NORD/LB

Reuters | March 04, 2020

The interest rate on U.S. overnight repurchase agreements slipped on Friday after an operation conducted by the New York Federal Reserve that parked $75 billion in temporary cash in the U.S. banking system. The overnight repurchases agreement (repo) rate was last USONRP= 1.85%-1.95%, compared with 1.90%-2.00% before the latest repo operation. They ended at 1.75% late on Thursday after hitting 10% on Tuesday, according to Refinitiv data. The U.S. central bank has conducted a series of cash-adding...

FINANCIAL MANAGEMENT

JTC Group and Harmonate | August 09, 2022

Harmonate announced today its selection by JTC Group to allow faster, accurate extraction of financial data for institutional fund and private wealth clientele, broadening access to diverse sources and forms of data to enhance offerings and provide unprecedented speed and reporting capabilities to the global JTC customer base. "Fund services strategy can only go as fast as the speed with which financials can be accurately extracted and rapidly deployed in the ma...

Business Wire | September 04, 2020

Options, the leading provider of cloud-enabled managed services to the global capital markets, today announced further expansion into the cryptocurrency market through the Gemini Trust Company, LLC (Gemini), a next-generation digital asset exchange. The direct connectivity to the Gemini exchange is an exciting addition to the recent growth in the firm’s cryptocurrency footprint and confirms our position as a recognised Network Service Partner (NSP) to Gemini. Options facilitates trading at...

CORE BANKING, FINTECH

TD Bank and DailyPay | September 14, 2022

TD Bank, America's Most Convenient Bank®, announced today the launch of a collaboration with DailyPay, a leading fintech with an innovative on-demand pay solution. This capability enables clients to give employees real-time access to earned pay prior to a scheduled payday. "Many employees wait two weeks, or even a month, for payday to come around, With current pressure from inflation and other issues, this lack of access to earned wages can put workers i...