Swift is advancing from experimentation to practical application, enabling financial institutions to conduct pilot transactions for settling digital assets and currencies using Swift’s global platform.
A year and a half after the EU’s DLT Pilot regime launched, interest has finally arrived with institutions on the cusp of being authorised; yet the UK is still taking lessons from the muted response with its own digital securities sandbox approach.
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S&P Global's Richard Wilson, product manager, securities services, explains how innovation and scalability are at the heart of the firm's strategy for success.
Executive brings over 20 years of experience in global banking, having held key roles in business development and client relationship management.
As part of the arrangement, the asset manager will leverage State Street’s technical expertise and Alpha services to integrate with its front-end platform.
ESMA is due to publish technical advice to the European Commission for the review of the cash penalty regime under CSDR this month, and market participants are worried.
The digital asset firms say they are looking to solve three key challenges in the tokenised asset space - security, data, and asset mobility.
Internal hire switches from securities services head of Hong Kong role, which will now be assumed by another long-tenured BNP Paribas executive.
New CEO most recently served as co-CEO of Euroclear’s global fund distribution platform, MFEX, which was acquired by the market infrastructure provider in 2021.
This year’s survey awards categories cover Prime Brokerage along with Hedge Fund, Private Equity and Exchange-Traded Fund Administration honours, as well as North American and Latin American Sub-Custody.
The Global Custodian Directory is a single access point to leading Service Providers.
Trade bodies are concerned around regulated financial services being treated as Information and Communication Technology (ICT) services under the Digital Operational Resilience Act (DORA) which would impact market infrastructures, among others.
Digital Asset follows up collateral tokenisation pilot with demonstration of DLT being used for three new forms of assets in imitative involving custodians and a range of other participants.
Non-profit organisation with over $1.8 billion in assets under management switches custodian from CIBC Mellon to RBC Investor Services.
Custodian will provide a range of services across VanEck’s expanding product and asset class goals.
As part of its digitalisation strategy focused on both clients and staff, CACEIS has partnered with French fintech Nephelai.
Custodians often face an innovation dilemma when balancing client demands with what is actually feasible. But experts highlighted in a recent panel hosted by Global Custodian that plenty of strides are being made by traditional securities services firms, adding that while legacy systems have a bad reputation, they still offer stability, predictability, and reliability.
New addition had spent 15 years at State Street, most recently as global head of alternative investment solutions.