

LATEST NEWS
State Street confirms CF Global acquisition
Deal, first revealed by Global Custodian's sister publication The TRADE in February, is expected to close by end-2023 and will bump State Street into the ranks of outsourced trading giants such as Northern Trust and UBS.
U.S. Bank unveils European ETF servicing capabilities
The roll-out will support clients with fund administration, transfer agency, depository and global custody services.

Why private market firms are turning to trusted partners to fulfil growth ambitions
As winners of the 2022 Global Custodian ‘Private Market Initiative of the Year’ Award, Apex Group received industry recognition for the success of their innovate platform that services the private credit market.
Fund services round-up: TMF Group, FundGuard, Apex Group and more…
The week’s round up of fund administration news features FundGuard, AllFunds, TMF Group, Crestbridge, Apex Group and IQ-EQ.
Manual processes still widespread in mutual fund industry, finds study
Antiquated technology still provides the backbone for many asset managers’ operations, according to a research study by Calastone.
BNP Paribas supports Riyad Capital’s new client web portal
The platform provides clients with a holistic view of their post-trade activities.
HSBC names new head of asset owners for securities services, Europe, MENA and the US
Appointment has spent 24 years with HSBC, most recently as global head of issuer services.
BNP Paribas signs accounting partnership with Clearwater Analytics
Clients will benefit from a singular view of their investment portfolios.
State Street cuts ties with digital asset custody specialists Copper
Custodian cites an evolving regulatory environment and changing servicing requirements for the decision.
MORE NEWS
UBS agrees landmark takeover of Credit Suisse after intervention from Swiss authorities
Banks both confirm the deal after Swiss National Bank announced the takeover was to “protect the Swiss economy” in an “exceptional situation” during a weekend to remember in the financial services space.
Fireside Friday with… AccessFintech’s Pardeep Cassells
As a member of the UK’s T+1 settlement taskforce, Pardeep Cassells, head of securities and claims products at AccessFintech, discusses the UK’s next steps versus Europe’s pace, why she’s surprised by the industry’s reaction to the SEC announcement and what lessons we can learn from India’s transition.
State Street’s head of real assets servicing departs for CBRE
Hire has over 20 years’ experience in leading real estate fund operations, including over 10 years at State Street.
Northern Trust wins custody mandate with Canadian teacher pension funds
Boards were said to be impressed by with Northern Trust’s understanding of their pension plans and long history servicing large and complex pensions in Canada.
Proxy voting rises up the ranks of industry concerns, finds TNF panel
A combination of investor demographics, financial crises and regulatory reporting requirements has been driving it up the agenda of the entire transaction chain.
NatWest Trustee and Depositary Services completes first phase of cloud transition
All clients set to be transitioned to the new platform by the end of the year.
No rush to T+1 in Africa
Enthusiasm for moving to T+1 was thin on the ground at a gathering of African securities market practitioners.