Executive spent almost two decades at Morgan Stanley, where he held roles across fund services operations, client management and team leadership.
Bank joins BNY and National Bank of Canada on the DLT platform, which aims to reduce reconciliation and transaction breaks in securities lending.
The service has signed up 20 DTC participants, including Citi, JP Morgan and State Street, and will initially connect to the Canton Network and DTCC’s private Besu network.
Custodian has moved Apollo private credit funds it administers from monthly to daily valuation and reporting.
Assets under custody/administration see a marginal decline from the previous quarter.
New hire joins from Barclays Bank, where he was global head of insurance and funds, following previous senior leadership roles at JP Morgan.
Approval allows asset managers to tokenise selected fund share classes within existing structures, while retaining their current service providers.
New Australian mandate covers global custody, fund administration, investment accounting, performance measurement and compliance monitoring for Victoria’s portable long service leave scheme.
Shortlist includes honours for client deals, acquisitions, projects, partnerships and initiatives across fund services, along with our annual 'One to Watch' and technology vendor accolades.
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Expanded relationship adds XRP and RLUSD to BNY’s custody platform, as the firms explore tokenised trade finance and other institutional uses for blockchain.
Long-serving chief operating officer steps up with immediate effect after John Sergides stands down for health-related reasons.
Mandate expands SGSS’s existing relationship with the Italian asset manager as it continues to manage real estate funds for institutional investors.
Anchorage Digital is the launch partner for the service, which lets institutions borrow in DeFi lending markets without moving assets out of qualified custody.
Implementation covers fund accounting and investor servicing as the bank develops its fund administration business.
Deutsche Bundesbank served as issuing and paying agent, with DZ BANK and Societe Generale acting as advisers on the transaction.
Record will be used for decision-making, oversight, risk management, performance analysis and day-to-day operations.