With BNY appointed as the admin and Coinbase serving as the custodian for the underlying Bitcoin, the move follows the success of BlackRock’s $48 billion Bitcoin-focused fund in the US.
Bank partners with Swiss exchange in yet another move to expand digital asset capabilities and enhance client access to Switzerland’s digital securities market.
Government introduces new rules for crypto platforms, prioritising consumer protection while encouraging innovation in digital finance.
Former JP Morgan and Morgan Stanley executive to support US expansion and collateral management growth.
Updated features aim to streamline data management and regulatory compliance.
The Abu Dhabi-based firm appoints global service providers to support operations of its alternative end-of-service benefits fund platform.
The initiative, developed in collaboration with iA Financial Group, includes the first outsourced general insurance fund accounting solution in Canada.
Incoming hire brings more than 30 years’ industry experience to the role, having held senior roles at the likes of BlackRock, JP Morgan, UBS and Merrill Lynch.
Annual awards ceremony to be held at The Savoy, London on 15 May, recognising custodians, market infrastructures and technology providers.
The Global Custodian Directory is a single access point to leading Service Providers.
The mandate covers local and global custody, clearing, securities lending, AutoForex, and listed derivatives execution and clearing across European markets.
New proposals seek to improve the way the EU financial system channels savings to productive investments.
This week’s fund services round-up features Ultimus, Citco, Alter Domus, STP, Maples and Calder, Arrowpoint Investment Partners, Zedra and PACT Capital.
Former State Street and Goldman Sachs executive to oversee integrated solutions and product strategy.
Northern Trust Carbon Ecosystem aims to support the German life sciences firm with its voluntary carbon credits programme.
Agreement will see nuam’s central securities depositories adopt Nasdaq’s CSD platform.
The solution aims to reduce costs and time to market for investment managers.