Over the year, State Street secured four Alpha mandates, and $484bn in new servicing AUC/A wins, with the majority coming from insurance clients and asset managers.
The financial messaging provider has tested the settlement and servicing of tokenised bonds using existing custody and post-trade infrastructure alongside blockchain platforms.
New infrastructure supports tokenised money market funds, ETFs, deposits and stablecoins across public and private blockchain networks.
Appointments bring experience from AccessFintech, LSEG, State Street and JP Morgan.
Individual brings 30 years’ experience in asset servicing and asset management and will lead institutional investor sales and client coverage from Stockholm.
The offering follows regulatory reforms which will open Saudi Exchange to overseas participation.
Executive brings more than 15 years’ experience at the firm, leading ETF servicing and business development within investor services.
Annual revenue grows 15% to $5.8 billion – marking the fifth consecutive year of revenue growth for the firm.
The Global Custodian Directory is a single access point to leading Service Providers.
The deal is an extension of a long-standing relationship between the two organisations, and will be managed by the custodian’s Guernsey team.
The renewed agreement with the Swedish pension provider includes custody and investment operations services.
Wide-ranging mandate covers custody, administration, middle-office and depositary services for new ELTIF in France.
Custodian posts thirteenth consecutive quarter of year-on-year revenue growth, extending a streak that began in Q4 2022.
Assets under custody/administration reach $59.3 trillion, as the global bank rounds off stellar year.
The agreement will see the asset manager’s strategies distributed through Clearstream’s fund platform.
Executive joins with over 25 years of financial services experience, including over a decade at BNY.