TCorp’s total investment value in Euroclear is $478 million.
The new mandate broadens the scope of their existing relationship, consolidating asset servicing across several regions.
The collaboration aims to simplify shareholder communications, benefiting both corporations and investors.
The move builds on the bank’s drive to expand securities lending in the UAE and wider Middle East.
First phase of the implementation was completed ahead of schedule, while the second and final phase is due to complete by Q1 2026.
Executive has previously held roles across JP Morgan Chase, Mckinsey & Co, and Careem.
Executives from Brown Brothers Harriman, State Street, and Invesco have been named as the Boston Chapter Leads for the Women in Securities Finance group.
The project, which involved banks such as HSBC, UBS and Standard Chartered, sought to improve the speed and accuracy of collateral management, while reducing cost and risk.
Migration aligns with the UK’s proposed switch, with ESMA pointing to the efficiency and resiliency benefits of the move.
The Global Custodian Directory is a single access point to leading Service Providers.
The partnership aims to streamline investment operations through AI-driven onboarding and automation.
Tackling the securities finance industry's numerous challenges – ranging from regulatory constraints to inefficiencies – was in the past akin to playing ‘whack-a-mole', according to Ben Challice, president and chief strategy officer of Pirum. However, as clients have become more sophisticated, the focus has shifted to a more holistic approach to the trade life cycle.
The move will consist of outsourcing the firm’s global, emerging market, European and US equity market index funds.
The arrangement aims to simplify ODDO BHF’s operational processes and reduce administrative complexity in its fund distribution network.
The project, led by SIFMA, includes major players like Citi, JP Morgan, Swift and others, with Digital Asset providing the core technology.
Custodian will also be responsible for transfer agency and recordkeeping functions in relation to the funds.
Based in Ireland, the new appointment will report to Dermot Finnegan, global head of accounting and administration.