The new offering will make use of Eurosystem’s T2S platform, which is overseen by the European Central Bank, to enhance European fixed income market consolidation and increase control over post-trade workflows.
The appointment covers more than €4.7 billion in assets across 10 Spanish-domiciled investment funds.
The $150 milllion deal settled T+0 via Euroclear D-FMI, with Citi as issuing and paying agent.
Partnership with Proxymity brings fully digitalised shareholder communications to a jurisdiction where proxy workflows have traditionally been manual and opaque.
Legal challenge follows the publication of European Commission proposals to utilise cash balances from the immobilised assets to fund a reparations loan for Ukraine.
Firms to assess opportunities across trading, prime, custody and staking services.
Subsidiary DTC to begin controlled rollout in 2026, enabling tokenised versions of select DTC-custodied assets.
Gerard Walsh, global head of client solutions, banking and markets at Northern Trust, says US T+1 has pushed APAC managers to treat the trade and FX as one lifecycle and tighten long-standing processes.
No longer considered the quiet plumbing of global finance, the custody industry now finds itself at the centre of innovation, scale and strategic influence, with the largest players enjoying an elongated purple patch of rising AUC, strong revenues and a diversified service offering. The four biggest custodians sit down with Global Custodian under the Chatham House Rule for a rare, candid exchange about the transformation sweeping through their industry.
The Global Custodian Directory is a single access point to leading Service Providers.
Appointment covers custody, administration, trustee and registrar roles for Hong Kong-domiciled fund.
Jeff Sardinha, senior vice president of ETF solutions, will serve as interim head of ETF servicing solutions during the transition period.
Move opens access for offshore counterparties as China’s repo market looks to deepen liquidity and infrastructure.
Some 10 institutions – including Bank of America and Societe Generale – participate in the project, broadening the liquidity and participation in the tests.
Growth spans global regions as institutional investors prioritise operational support and service quality.
Developed in partnership with GFO-X, the solution will enable clients to utilise crypto, tokenised money market funds and other digital assets as collateral for trading.
The mandate spans the Nordics and Euroclear Bank, with efficiencies across securities servicing and post-trade infrastructure.