FundGuard appoints industry veteran as CCO
Incoming executive brings nearly 30 years of senior leadership experience across fund administration, global custody and investment operations technology.
Northern Trust to provide middle-office services for Osmosis NL
The mandate covers investment operations outsourcing, collateral management and currency management for the Dutch sustainable fixed income manager.
State Street integrates Intesa Sanpaolo’s custody back-office operations
Expansion of long-standing relationship between the two firms will also see the custodian integrate an IT business unit.
State Street appoints global head of digital solutions
Experienced executive joins from fintech outfit Fnality UK, where he served as CEO since November 2021.
HSBC appoints head of institutional client group, Europe
Experienced executive brings over 25 years’ industry experience from the likes of Standard Chartered, Credit Suisse, Deutsche Bank and JP Morgan.
Euroclear and LCH SA expand connectivity for Italian government debt
The two market infrastructures are set to offer clearing members the option to settle Italian government bonds and repos cleared at LCH SA directly in Euroclear Bank from 2026.
Euroclear posts stable Q3 results amid €82m Russia-related costs
Assets under custody reached €42.5 trillion, marking a 2.4% sequential increase.
Alter Domus integrates £20bn Legal & General AM outsourcing mandate
Agreement covers services including accounting, reporting, and unit pricing for UK-based real estate funds, and has expanded to additional asset classes and jurisdiction.
BNY posts quarterly securities services revenue of $2.4bn
Assets under custody/administration also reach high of $57.8 trillion.
Funds industry
UK’s FCA lays out tokenised fund regulatory framework
Report proposes guidance and rule changes to accelerate adoption of distributed ledger technology (DLT) in the funds space.