LATEST NEWS
Transition to T+1 ‘harder than expected’, finds Citi report
Reduction in clearing margin a key challenge for custodians, while European firms report most significant impact of T+1.
Lou Maiuri returns with group CEO role at AssetMark Financial Holdings
Former COO and head of investment services at State Street will lead the wealth management technology firm, following the closing of its acquisition by PE firm GTCR.
Driving the tech-led future
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.
HSBC’s global head of distribution support and TA product departs for ZILO
Former BNY and Calastone executive brings 30 years’ worth of industry experience to the asset and wealth management fintech.
State Street wins front-to-back office Alpha mandate from $85 billion Australian asset manager Challenger
Challenger switches from previous custodian Citi to opt for State Street’s full front-to-back servicing suite.
Data centralisation and regulation top of mind for custodians – PostTrade 360°
Industry experts discuss how technology – particularly artificial intelligence (AI), data centralisation, and the emerging potential of quantum computing – could reshape custody services.
HSBC’s former co-head of securities services Berman to leave bank
Executive had most recently been global head of institutional sales within HSBC’s markets and securities services business as part of decade with the bank.
U.S. Bank to offer CSD functions for securities issued in France on Euroclear
Enhancement adds local paying agency capabilities for European debt capital markets.
Northern Trust’s head of product strategy for asset servicing departs
Former BNY and Calastone executive joins sustainable investment organisation Principles for Responsible Investment.
MORE NEWS
EFG Hermes rolls out new asset servicing arrangement in 40 markets
Clients will gain access to a variety of markets through a single agreement, simplifying the often complex market entry process.
Citi names new Luxembourg country & banking head
Seasoned executive has held senior positions across State Street, BNY, and Brown Brothers Harriman in both Luxembourg and London.
The AI shift: Reshaping fund administration and unlocking new market potential
Securities finance round-up: SmartStream, ICMA and more…
This week’s securities finance round-up features SmartStream, ICMA, FIS and Sharegain
EU Settlement fail rates exhibit volatility amid broader market shifts
Despite the overall decrease in fail rates since the introduction of cash penalties in February 2022, recent trends have prompted fluctuations across various asset classes.
JP Morgan completes transition of A$13.8 billion Vision Super mandate
Deal finalised ahead of the merger between Vision Super and Active Super on 1 March 2025, creating a fund managing over A$29 billion in assets.
Taskize names former Credit Suisse network management stalwart as business development manager
With close to four decades worth of experience in the financial industry, the former Credit Suisse executive will focus on expanding the post-trade firm’s client base in his new role.