CACEIS estimates RBC Investor Services integration costs of up to €100m
Integration beginning to bear fruit as asset servicing revenue jumps 41.1% in the first quarter of 2024.
Integration beginning to bear fruit as asset servicing revenue jumps 41.1% in the first quarter of 2024.
Assets under custody and administration totalled €5.4 trillion for the bank at quarter-end, representing a marginal increase on the previous quarter.
Former BNP Paribas executive assumes new role after five years with the technology firm.
This week’s fund services round-up features: IQ-EQ, Alter Domus, FundBank, FundRock, Equity Trustees, Trustmoore, Langham Hall, Central Bank of Ireland, and Calastone.
Building on the success of their joint solution, Pirum and S&P Global Market Intelligence Cappitech will now utilise Cappitech's data validation, event creation, and regulatory connectivity alongside Pirum's RegConnect.
Tie-up aims to increase transparency and efficiency in the institutional trading market ahead of T+1 go-live later this month.
This marks the first roll-out of BNY Mellon’ cloud native data platform in the UAE.
The initial recommendations cover the commitment to a T+1 settlement cycle, defining the transition timeline, establishing operational changes, and coordinating with European counterparts, among other key aspects to ensure a smooth transition.
Report reveals a pivot away from a focus on cost control to more of an emphasis on enhancing quality and accuracy.
The two firms aim to provide clarity on the ‘predicted to settle’ status of securities trades, helping enable the necessary liquidity for international clients trading US securities.