Record fund deposits and elevated settlement activity drove growth, while Russia-related sanctions continued to loom on the business with €38 million in direct costs.
Firms aim to address growing demand for consolidated portfolio data and real-time operational oversight.
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Ben Challice, chief executive of Pirum, explores how rising settlement pressures, market volatility and evolving client expectations are forcing custodians to rethink their operating models, with real-time data and AI-ready infrastructure emerging as critical differentiators.
Custodian elevates long-serving executive to expand its securities services franchise across the region.
Executive joins after nearly two decades in securities services and investment analytics roles, having also worked at Morgan Stanley and Deloitte.
Executive to succeed Scott Dickinson following his retirement after more than four decades in financial services.
Custodian to support launch of digital credit fund offering tokenised share class across major blockchain networks.
ADGM-anchored collaboration will initially focus on Bitcoin and Ethereum custody, with plans to expand into stablecoins and tokenised real-world assets.
Agreement sees the custodian provide fund administration, depositary and custody services to first autocallable ETF launch in Europe.
Annual awards ceremony to be held at The Savoy, London on 14 May, recognising custodians, market infrastructures and technology providers.
The Global Custodian Directory is a single access point to leading Service Providers.
Decision allows eligible broker-dealers and banks to access platform under specific conditions for 36 months.
FINMA sign-off also allows crypto custody services to be offered through consolidated CSD infrastructure.
The two firms collaborate with Bluprynt and Hacken on the project, bringing together multiple components to address ‘key supervisory challenges’.
BNP Paribas, Citi and CACEIS back initiative to streamline settlement and custody across EU markets.
New data offering aims to support asset managers monitor portfolio alignment with US SEC Rule 35d-1 requirements.
Deal adds AU$34bn in assets under appointment and introduces trustee, custody and DCM capabilities to regional offering.
New solution extends governance, disclosure and compliance across on- and off-chain holdings for issuers and investors.