Former JP Morgan, PayPal and McKesson executive to lead State Street’s technology strategy.
Pilot aims to demonstrate integration of digital assets with traditional banking infrastructure.
Growth driven by higher deposit volumes and fees, as Citi joins other top three custodians in posting double-digit growth.
AUC/A also reaches new peak for the Boston-based custodian, hitting $49 trillion.
Custodian builds on a record 2024 and strong Q1 with revenue and assets under custody increases.
Growth underpinned by gains in asset servicing and issuer services, as BNY adds mandates across digital assets and Saudi expansion.
Executive exits after 24 years at Citi, taking on a new technology leadership role at Wells Fargo.
Market infrastructure provider plans to establish a single entry point for all asset classes, including funds, fixed income and equities across Europe.
Quick takes and thoughts from WSJ story that BNY spoke with Northern Trust about a merger and is considering its next steps.
The Global Custodian Directory is a single access point to leading Service Providers.
The investment firm will gain access to accredited investors through Clearstream’s distribution partner network.
Approval enables testing of digital issuance, trading and settlement under live regulatory conditions
Cloud-based platform to streamline post-trade processing and asset servicing functions.
Latest sale of European business unit, with €430 billion in assets under administration, marks a continuation of the custodian’s simplification strategy.
Sam Riley, CEO of Clearstream securities services, outlines key priorities for the business, including expanding pan-European CSD connectivity, scaling support for retail and private markets, and driving growth through digital and data initiatives. He also highlights T+1 settlement, regulatory harmonisation, and rising demand for predictive data and interoperability as major forces shaping the post-trade landscape.
This week’s fund services round-up features TMF Group, Clearstream, Gen II Fund Services, Ultimus, Broadridge, GemLife, Carne Group, CACEIS, and GemCap.