Former CEO of BNY global asset servicing joins the Amsterdam-headquartered firm, with goals to strengthen client service and regional leadership.
Investment aligns with Euroclear’s digital ambitions – particularly in the funds space - and represents its first move under new Asia Pacific CEO.
Sponsored message from S&P Global
S&P Global's Richard Wilson, product manager, securities services, explains how innovation and scalability are at the heart of the firm's strategy for success.
Deal consolidates Apex’s presence in the region, with teams currently operating in both Brazil and Uruguay.
A statement from ESMA comes a day after Task Force recommendations, claiming a coordinated approach across Europe is “desirable” while stressing the urgency in avoiding prolonging the negative impacts of settlement misalignment.
Significant global player with a large US presence made the switch from a competitor this quarter, says CEO O’Hanley.
The custodian's assets under custody/administration reached $26 trillion as part of 16th consecutive quarter of securities services revenue growth.
Along with launch the industry sandbox, DTCC has also revealed the results of a proof-of-concept aimed at optimising collateral management through tokenisation.
A digital asset manager backed by DRW and Cumberland has yield-bearing US Yield Coin (USYC) which will allow holders to hold and deliver collateral across the Canton Network.
This year’s survey awards categories cover Prime Brokerage along with Hedge Fund, Private Equity and Exchange-Traded Fund Administration honours, as well as North American and Latin American Sub-Custody.
The Global Custodian Directory is a single access point to leading Service Providers.
Fee revenue reaches a quarterly total of $2.61 billion – up 11% year-on-year.
Vice chairman and CFO to exit for a new role after more than eight years with the custodian.
This week’s fund services round-up features: Ocorian, Langham Hall, Aztec Group, AirFund, Maples, Apex and Norlantic.
A new report emphasises the need for the EU to coordinate closely with the UK in H2 2027 for a switch to a T+1 settlement cycle, while also detailing the need for a maximum possible notice period for transition and a temporary suspension of cash penalties over the implementation period.
Custodian also points to a larger pipeline for business yet to be installed, with client interest now spanning multiple business lines.
The total marks the second consecutive quarter in which the securities services unit has posted a record revenue total.
Some lessons have been learnt from the US, while in other ways the UK will blaze its own trail with regards to supervisory and adjacent practices such as FX and lending. Claudia Preece reports from an exclusive roundtable discussion with the chair of the UK Accelerated Settlement taskforce, Andrew Douglas.