The Singaporean asset manager is aiming to boost straight-through processing rates for its fixed-income transactions to hit 75% by the year's end, from 45% now.
The pact signals the Korean Securities Depository's intention to encourage investment managers to adopt a more automated workflow that is based on global best practice.
Technology providers Omgeo and Yieldbroker tie-up to offer a new fixed-income processing platform for banks in Australia amid an investor flight to quality.