Building bridges: How Bond Connect is maturing into a regional settlement engine
New infrastructure supports tokenised money market funds, ETFs, deposits and stablecoins across public and private blockchain networks.
Appointments bring experience from AccessFintech, LSEG, State Street and JP Morgan.
Individual brings 30 years’ experience in asset servicing and asset management and will lead institutional investor sales and client coverage from Stockholm.
The offering follows regulatory reforms which will open Saudi Exchange to overseas participation.
Executive brings more than 15 years’ experience at the firm, leading ETF servicing and business development within investor services.
Annual revenue grows 15% to $5.8 billion – marking the fifth consecutive year of revenue growth for the firm.
The deal is an extension of a long-standing relationship between the two organisations, and will be managed by the custodian’s Guernsey team.
The renewed agreement with the Swedish pension provider includes custody and investment operations services.
Wide-ranging mandate covers custody, administration, middle-office and depositary services for new ELTIF in France.
Custodian posts thirteenth consecutive quarter of year-on-year revenue growth, extending a streak that began in Q4 2022.
Assets under custody/administration reach $59.3 trillion, as the global bank rounds off stellar year.
The agreement will see the asset manager’s strategies distributed through Clearstream’s fund platform.
Executive joins with over 25 years of financial services experience, including over a decade at BNY.
Executive brings more than a decade of wealth and asset management transformation experience from EY.
The digital assets custodian, backed by Standard Chartered and Northern Trust, adds support for Macropod’s Australian dollar-backed stablecoin, giving institutional clients secure access to the token for payments and settlement use cases.