Sell-side vet was Head of Depositary and Fiduciary Services at BNP Paribas Securities Services in Paris.
New feed will provide more frequent and granular data on the order book and traded prices.
The acquisition reinforces Schroders’ private assets and real estate capabilities.
Negotiations are ongoing on equivalence decisions.
The market should still transition to Libor alternatives before the end of 2021.
The integration enables the detection of latency issues which is critical in high volatility.
Three trading days in June landed within the top five trading days on record.
Aim is to empower the optionality and flexibility that firms are seeking in their daily workflows.
FESE said the length of the current trading day reflects investors’ needs.