Along with launch the industry sandbox, DTCC has also revealed the results of a proof-of-concept aimed at optimising collateral management through tokenisation.
A digital asset manager backed by DRW and Cumberland has yield-bearing US Yield Coin (USYC) which will allow holders to hold and deliver collateral across the Canton Network.
Sponsored message from S&P Global
S&P Global's Richard Wilson, product manager, securities services, explains how innovation and scalability are at the heart of the firm's strategy for success.
Fee revenue reaches a quarterly total of $2.61 billion – up 11% year-on-year.
Vice chairman and CFO to exit for a new role after more than eight years with the custodian.
This week’s fund services round-up features: Ocorian, Langham Hall, Aztec Group, AirFund, Maples, Apex and Norlantic.
A new report emphasises the need for the EU to coordinate closely with the UK in H2 2027 for a switch to a T+1 settlement cycle, while also detailing the need for a maximum possible notice period for transition and a temporary suspension of cash penalties over the implementation period.
Custodian also points to a larger pipeline for business yet to be installed, with client interest now spanning multiple business lines.
The total marks the second consecutive quarter in which the securities services unit has posted a record revenue total.
This year’s survey awards categories cover Prime Brokerage along with Hedge Fund, Private Equity and Exchange-Traded Fund Administration honours, as well as North American and Latin American Sub-Custody.
The Global Custodian Directory is a single access point to leading Service Providers.
Some lessons have been learnt from the US, while in other ways the UK will blaze its own trail with regards to supervisory and adjacent practices such as FX and lending. Claudia Preece reports from an exclusive roundtable discussion with the chair of the UK Accelerated Settlement taskforce, Andrew Douglas.
New regional sales head Latin America and Caribbean will be based in Mexico City in move which follows a series of wins in the region for State Street.
Standard Chartered will provide a suite of fund and services to the Hong Kong-based fund manager.
The deal will include fund accounting and administration services for WisdomTree’s Bitcoin ETF – the mandate of which had been held by U.S. Bank since going live in January.
This collaboration will provide mutual clients with automated visibility, efficiency, and transparency across securities lending, repo, and OTC derivative transactions.
The executive has served at BNP Paribas securities services just under two decades
The Luxembourg-based bank will utilise Clearstream’s trade dealing and execution platform, Vestima, in addition to a range of fund services.