Citi tokenises depositary receipts for private company shares
Product uses blockchain infrastructure operated by SIX to tokenise shares in private companies, wrapping them in a depositary receipt structure.
Private markets driving liquidity and data demands for asset owners, finds Northern Trust study
Global Custodian sits down with Mark Austin, pensions and insurance sector lead EMEA at Northern Trust, to discuss how the asset owner segment is navigating the rapid growth of private markets.
Fund Administration
Fireside Friday with… Apex Group’s Peter Hughes
Apex Group’s chief executive Peter Hughes has presided over a period of tremendous growth for the organisation. Here, he considers the transformational impact of technology and how the firm’s buy/build approach has laid the foundations for future success in private markets and beyond.
State Street wins expanded mandate with Principal Financial Group
Agreement extends decade-long partnership as the asset manager seeks to evolve its mutual fund operations.
BNY appointed servicer for UI Group’s Irish ETF platform
Custodian will provide fund administration, depositary services, and ETF-specific operational support under the partnership.
Standard Chartered to provide crypto-custody services to Hong Kong’s AXG
Custodian will provide institutional-grade safekeeping of crypto assets through its existing custody infrastructure and risk management capabilities.
SEB implements BBH’s expanded account opening API
New functionality aims to support cost effective, risk minimising processes, improved transparency and fewer operational breaks.
Marketnode to distribute WisdomTree digital funds to Singapore institutions
Clients may access the funds through verified and permissioned wallet infrastructure on supported blockchains.
Aztec Group names new CEO
Former EY and KPMG executive joins the fund administrator from Amundi Technology.
BNP Paribas appoints APAC head of FI&C client line for securities services
Custodian elevates long-serving executive to expand its securities services franchise across the region.