Leaders in Custody awards honour the best performers from our surveys from 2018, along with editors’ choice, innovation and network management categories.
Hedge fund administration has been cited as the perfect testing ground for new technologies, such as artificial intelligence and natural language processing.
Satvinder Singh stepped down in December 2017, and Fiona Gallagher, Deutsche Bank’s chief country officer for Ireland, took over the role in April last year.
The appointment is the latest in a string of moves for HSBC Securities Services as it increases its focus on the banks and broker-dealer segment.
The custodian will also provide depositary, clearing and foreign exchange solutions for Pacific Asset Management's UCITS funds.
The newly created role will involve leading Deutsche Bank's securities services strategy in the region, covering mainland China, Hong Kong and Taiwan.
Baillie Gifford has chosen software specialist corfinancial to help automate its post-trade processing and settlement.
The introduction of Japanese funds onto the FX settlement service follows a multi-year effort to onboard the Japanese buy-side community to CLSSettlement.
Revenues for HSBC Securities Services grew 11% to nearly $2 billion over the year, in which it was boosted by its global custody business.
State Street has highlighted its upcoming execution priorities, the formation of a new pricing committee, and how it will expand its asset servicing business.
Citi has recently gained a number of licenses from Chinese financial regulators that have enabled it to do business for foreign investors in the country.
Revenues for the technology giant more than doubled and reached nearly $3.5 billion for the end of 2018.
The platform, called Matrix, will aim to centralise and process all of the data captured by underlying custody, fund administration and transfer agency platforms.
SGSS will become Fineco’s transfer agent and fund administrator in Italy and Luxembourg for its UCITS funds.
Clearstream recorded an increase of 7.5% for total revenues at €718 million, driven by net income from its banking business.
PPM will use the platform for its entire collateral management margin workflow, collateral optimisation and trade reconciliation processes.