‘It is all moving extraordinarily quickly,’ notes one respondent, as more than half of firms point to existing investments in tokenisation and digital asset infrastructure.  

Strategic investment sees post-trade provider join digital investor communications platform’s global consortium as both shareholder and client. 

Former JP Morgan and BNY executive will be responsible for the strategic direction, performance and transformation of DTCC’s global asset services business. 

Russian sanctions and countermeasures continue to impact the business, with a €342 million provision being taken “given material risks and uncertainties”.  

Capital injection values the business at €1.4 billion and is expected to accelerate the development of Carne’s technology platform, Curator.  

Executive brings more than 20 years of experience leading global sales and business development teams across financial services.  

Experienced executive brings more than 25 years’ experience to the role, across senior roles at JP Morgan and BBH.  

As part of the arrangement, Jupiter has consolidated back-office services for its offshore jurisdictions with BNY and outsourced its middle-office operations. 

Assets under custody and administration (AUC/A) rose to $18.7 trillion, up 3% sequentially.