Global custody market AUC/A hits $350trn; Citi tops growth in 2025
Newly-created business brings together proxy voting and stewardship tools as the technology provider targets greater efficiency across governance workflows.
Industry roadmap highlights multi-phase testing, weekend simulations and heavy reliance on coordination across CSDs, CCPs and custodians to avoid settlement disruption.
Update adds collateral, securities lending and proxy voting capabilities alongside updates to existing applications.
Servicing mandate will cover custody, fund accounting, ETF basket creation, create/redeem order management, settlement, transfer agency and reporting.
The collaboration is expected to tackle the fragmentation of collateral and risk workflows across digital and traditional infrastructures and provide a unified framework for clients to scale tokenisation strategies.
Collaboration aims to broaden availability of alternative investment strategies to wealth investors via FundsPlace platform.
This week’s fund services round-up features Apex Group, Marex, Aztec, Ultimus, Equity Trustees and Suntera Global
Move to Datum One Series Trust deepens long-standing relationship as the asset manager scales its US mutual fund strategy.
Collaboration will allow clients to integrate Apex Group’s servicing capabilities and middle-office operations into their own Aladdin platform.
HSBC and Santander complete same-day transaction as intraday repo capability expands beyond US dollar.
Recent inductee to GC Hall of Fame joins U.S. Bank after almost two decades at BNY, where he most recently led global client coverage for asset servicing.
New capability allows clients to execute tri-party repo transactions throughout the day as demand for flexible funding tools grows.
Appointment brings more than 25 years of industry experience across JP Morgan, HSBC and BNY to the position.
Expected to be completed in 2028, the proposed deal with Crédit Mutuel Arkéa marks further strategic shift toward wholesale clients for SGSS.
Developed with a consortium including Barclays, BNP Paribas, Citi and JP Morgan, the platform seeks to streamline cleared and bilateral workflows.