Global custody market AUC/A hits $350trn; Citi tops growth in 2025
Custodian’s hedge fund services will provide a full suite of solutions through its Omnium platform.
The structure reflects continued demand for physically-backed gold products, as well as Singapore’s growing role as a regional centre for precious metals trading and custody.
Mandate spans fund administration, digital asset servicing and on-chain infrastructure.
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.