As the European Commission finalises EMIR 2.2, it has confirmed a temporary equivalence decision for UK CCPs from January 2021.
Sponsored message from DTCC
Global Custodian sat down with DTCC executives to discuss key client priorities and available solutions as firms prepare to manage the regulations coming through the pipeline in the months ahead.
The unprecedented wave of market updates network managers had to deliver to clients have sparked demands for markets to adopt permanent digitalisation efforts.
HSBC increases investment into new private markets unit as investors look to pick up yield in a low and declining global interest rate environment.
Among its new clients include Hannover RE, one of the world’s largest reinsurance firms, where it will provide global custody and collateral management services.
European asset managers in Ireland are faced with the challenge of moving to alternative ETF issuance and settlement models in order to limit the impact of Brexit.
Move underscores SEB’s intentions in Denmark as the bank brings in expert to manage sales activities.
Asset managers may consider in-sourcing some client-facing functions as a result of their disappointment in their service provider's digital capabilities.
Second Middle East deal in as many months for Northern Trust as it expands custody services in the region.
The new venture, which State Street will retain a minority interest in, will combine the custody expertise of State Street with FNZ’s international platform.
The two banks with leverage previously established bots for a new digital solution aimed at improving custody FX processes for emerging market currency trades.
A growing number of custody executives are leaving the industry to help assist aspiring digital asset custody providers targeting institutional investors.
Pirum Systems promotes COO to take over from current chief executive who steps down after six years.
Financial services firms look to prioritise technology investments over the next six months and believe COVID-19 recovery could take years.
Exchange traded products and global depository receipts cleared through LCH can be settled on Clearstream from Q3 onwards.