July 21, 2017 2:50 PM GMTCustody provision in Africa: the more, the merrier?While institutional investors may welcome greater competition among sub-custodians in individual African markets, it is not clear that more providers would equal better service.
Fund AdministrationJuly 24, 2017 10:30 AM GMTClearstream targets streamlined fund operations for Swiss bankClearstream will collaborate with Edmond de Rothschild as the Swiss bank aims to simplify its third-party fund processes.
People MovesJuly 24, 2017 9:51 AM GMTBNY Mellon continues recruitment drive with senior alternatives hiresJamie Gleeson and Edwin Parker have joined BNY Mellon in senior positions across the alternatives division.
FeaturesJuly 24, 2017 9:15 AM GMTDigital securities come of ageDigital securities issues, where new blockchain-backed currencies are created for investors, are becoming popular with investors. Are we seeing the creation of a whole new asset class? Charles Gubert investigates.
TechnologyJuly 21, 2017 11:24 AM GMTBNY Mellon looks to evolve client pick up for NEXEN digital platformBNY Mellon has crossed the threshold of over a hundred thousand client and internal users on the NEXEN platform.
Market InfrastructureJuly 20, 2017 2:00 PM GMTEuroclear surpasses €1 trillion on Collateral HighwayEuroclear stated it will focus on progressing its growth initiatives in collateral, funds, and in international markets.
CustodyJuly 20, 2017 12:38 PM GMTNorthern Trust sees 15% boost in custody businessRevenues from custody and fund administration fees increased 12% in the second quarter.
CustodyJuly 20, 2017 11:26 AM GMTBNY Mellon sets consecutive custody record in Q2BNY Mellon estimated new custody mandate wins of $152 billion in the second quarter.
Market InfrastructureJuly 19, 2017 10:14 AM GMTNorthern Trust makes latest Brexit play with Luxembourg moveNorthern Trust creates EU banking presence in Luxembourg to serve continental European funds post-Brexit.
Securities FinanceJuly 19, 2017 9:55 AM GMTBNY Mellon wins sec lending mandate for $11 billion US pension fundBNY Mellon will provide securities lending service to Kentucky Retirement Systems having acted as its global custodian since 2013.
Market InfrastructureJuly 18, 2017 12:45 PM GMTCloudMargin partnership targets South African collateral efficiency boostCloudMargin and Strate have formed a partnership targeting increased tri-party and collateral efficiencies in South Africa.
FeaturesJuly 18, 2017 10:35 AM GMTFCA report targets reform for investment consultantsThe FCA’s Asset Management Market Study provided relief for asset managers while investment consultants were not granted the same treatment.
People MovesJuly 17, 2017 1:10 PM GMTBNY Mellon appoints former Visa chief as CEO in tech driveBNY Mellon has continued its technology strategy with the appointment of former Visa CEO Charles Scharf.
FeaturesJuly 17, 2017 11:36 AM GMTCiti hires regulatory expert to new role in custody teamThe US bank has named Sean Tuffy to a new regulatory intelligence role within the custody and fund services team.
Market InfrastructureJuly 17, 2017 10:17 AM GMTJP Morgan, Citi see growth in Q2 securities services revenueJP Morgan and Citi have recorded increased securities services revenues in successive quarters.
Market InfrastructureJuly 17, 2017 10:13 AM GMTClearstream gears up for CSDR implementationClearstream will apply for a new operating license this autumn as it readies for the introduction of CSDR.
FeaturesJuly 14, 2017 11:19 AM GMTState Street sees evolutionary role in custodians financing hedge fundsState Street predicts an increased role for custodians as an alternative to the prime brokerage model.
Fund AdministrationJuly 13, 2017 3:39 PM GMTAIMA targets fund admin clarity with updated guideAIMA has vowed to reflect the modern fund administration sector with the launch of an updated guide aimed at alternative investment managers.
FeaturesJuly 13, 2017 9:30 AM GMTHedge funds ready for allocations rise despite concerns over fees and returnsResearch shows an increase in institutional investors making allocations to hedge funds in the second half of 2017.
People MovesJuly 13, 2017 9:25 AM GMTNorthern Trust bolsters institutional sales team with senior hiresNorthern Trust has made several hires to its institutional sales and client service teams.
FeaturesJuly 12, 2017 12:58 PM GMTFund transactions primed for aviation moment with blockchainBlockchain technology could provide the engine for fund transaction processes to take flight.
FeaturesJuly 12, 2017 10:31 AM GMTStandard Chartered believes Bond Connect’s account structure could be replicatedChina’s Bond Connect venture launched earlier this month and Standard Chartered believes its structure makes reproduction a strong possibility.
CustodyJuly 12, 2017 9:41 AM GMTBNP Paribas continues US expansion with mandate winBNP Paribas will provide custody and settlement services to US-based broker-dealer Mirae Asset Securities USA.