Custody revenues decline in first half of the year, while fund services income spikes on AUA uptick and ETF boom
Research from Coalition of the top dozen custody banks paints a picture of the revenue and margin struggles facing an industry in flux.
Research from Coalition of the top dozen custody banks paints a picture of the revenue and margin struggles facing an industry in flux.
The new service from DTCC's FICC has been launched in collaboration with BNY Mellon and with the support of Broadridge.
The PSSL sets out standards for beneficial owners, lenders and borrowers to align their securities lending programmes with the broader global sustainable finance market.
Temenos study found that 56% of asset managers will focus investment on technology and data infrastructure in the next year.
The acquisition of Sanne would add a further £500 billion of assets to Apex’s ranks, tipping the fund administrator over the $2 trillion mark in AUA
The last license was granted to Clearstream Banking, its German CSD, by BaFin this month.
CACEIS has set strategic plans to grow in Ireland, specifically in the ETF market where the country is the domicile for over half of all European ETFs.
The hire comes as custodians and buy-side firms rush to set up collateral management arrangements before the next phase of the uncleared margin rules.
State Street will provide front-office technology and back-office administration services relating to €24 billion of retail and institutional funds managed by ANIMA.
The partnership will improve Clearstream’s Fund Centre platform by expanding the KYD offering for asset managers.