Robin Vince warns of AI ‘bad actors’ as BNY bolsters cyber defences
New role for Citi managing director who teams up with former securities services head Okan Pekin.
Funding round supports platform build-out, DLT collaboration and expansion of collateral mobility use cases.
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Ben Challice, chief executive of Pirum, explores how rising settlement pressures, market volatility and evolving client expectations are forcing custodians to rethink their operating models, with real-time data and AI-ready infrastructure emerging as critical differentiators.
New structure adds blockchain-enabled access route for gold exposure, with custody and tokenisation services integrated into existing ETF framework.
Regulators propose changes to Form PF, including higher filing thresholds and streamlined requirements, while maintaining systemic risk monitoring capabilities.
Custody and fund services relationship renewed for a further five years following competitive tender.
New servicing fee revenue wins reached $56 million during the quarter, driven primarily by back-office mandates and alternative asset servicing.
Emily Schlosser, global head of custody business at BNY, highlights how rising complexity in private markets is driving demand for integrated custody, high-quality data and agile liquidity solutions.
The phased approach links trading,custodyand collateral management ason-chainassets move closer to institutional workflows.
Collaboration reflects the growing need for institutional-grade safeguards as crypto assets feature more prominently in distressed estates.
Agreement with Digital Asset supports connectivity and development of custody workflows for tokenised financial assets.
BlackRock-linked ETF servicing win and rising custody assets underscore structural momentum in securities services in Q1 2026.
Executive brings nearly a decade of digital asset experience, with senior roles across Santander, Citi and EY.
AUC/A remained flat from the previous quarter, while the bank details efficiency gains of AI adoption across the business.
At the centre of the programme is the re-architecture of DTCC’s clearing, settlement and risk systems.
Growth was driven by a combination of higher fee income and improved interest dynamics, according to the bank.