The fund manager will use the SS&C GIDS platform for transfer agency services to its Ninety One Fund Managers UK business.
Broadridge to fully consolidate Alpha Omega’s post-trade matching solution into its existing NYFIX connectivity and FIX infrastructure.
According to a recent survey conducted jointly by Citi and Global Custodian, the financial services industry recognises the potential of digital assets to capture a significant portion of trading activity over the next few years, though many individual firms have yet to refine their own strategies for engagement.
Chicago-headquartered custodian see's top US asset servicing exec leave after spending three years driving its front-to-back-office solutions for buy-side clients.
Hire follows deal between Nordea and Citi to recommend the Nordic bank’s existing sub-custody clients to appoint the US bank as their replacement provider after exiting the space.
The US bank becomes one of the first international tenants at the BIFC, a landmark building that anchors Busan’s rapidly developing financial district.
Citi will be able to begin offering local custody services to China’s $19 trillion asset management market, which has been a long-term target for global custodians.
Custodians will have to deliver outsourcing service models that can support and accelerate growth for some of Asia's largest asset owners and managers, according to State Street's head of APAC Mostapha Tahiri.
The Boston-based custodian will use middle- and back-office technology developed by Lukka to support its crypto fund admin services.
The registration enables it to provide commercial services to clients as a crypto-asset business, a key milestone as it prepares to launch.
The tech giant is now targeting the European asset management industry and looking to build from a string of mandates it has secured in the UK over the past year.
A Northern Trust survey found that 98% of buy-side firms are using data science or planning to pursue it to optimise performance in the next two years.
Commerzbank’s decision to pull outsourcing agreement with HSBC shows conflict around post-trade operations
Regulations such as DORA and CSDR are combining in a way that is forcing many to make some tough choices about who carries out these post-trade functions.
The transaction will add more than £25 billion of assets under administration to Sanne and will augment its footprint in the European private equity market.
The partnership will enable asset management clients to better consolidate and analyse their trading and portfolio data.
UPP will leverage CIBC Mellon’s custody, institutional accounting, performance and analytics, risk, compliance and pension benefit payment services.