Northern Trust has Calastone's former head of product development lead the implementation of Matrix across fund services.
The planned cuts are aimed to increase its competitiveness in an increasingly constrained operating environment.
The Los Angeles County Employees Retirement Association has used State Street and Goldman Sachs as its two securities lending partners.
The $50 billion New York-based fund manager has used both BNY Mellon and State Street as custodians for its global ETF product range.
Industry veteran to work with buy-side firms for upcoming non-cleared initial margin regulation.
As fund administrators win new mandates that cover multiple jurisdictions and asset classes, they will have to build up new risk management reporting tools.
RBC's group head of wealth management & insurance will assume leadership for the I&TS business.
The acquisition of the New York-headquartered LeverPoint will boost Ultimus’ offering in the fastest growing segment of the fund services market.
Euroclear has received CSDR authorisation for three other CSDs based in France, Belgium and the Netherlands.
Some custodians are conflicted whether they wait for the EU’s taxonomy to become crystallised or pre-empt it entirely by rolling out their own ESG reporting solutions.
The new role will involve being responsible for helping drive China sales growth from Americas buy-side clients.
The relatively consistent scores signals how hedge fund administrators are still focused on their core service provision.
Securities lending veteran joins forces with GC Legend at consulting firm.
Prime brokers are now stepping up their due diligence of hedge funds, becoming more forensic when looking to bring a hedge fund onto their balance sheet.
State Street expects buy-side clearing of repo financing to increase significantly among mutual funds and money markets funds in the US.