The service builds on the alliance struck between BNY Mellon and NCB Capital - now SNB Capital following its merger with Samba Capital – in October 2020.

The participation of CITIC CLSA is the latest milestone for BNY Mellon as it looks to make Chinese securities more widely accepted by global trading firms. 

Christian Kromann will become CEO at SimCorp from September after two years leading operations for the firm.

SDX has received a draft financial market infrastructure (FMI) licence from FINMA, and it expects to receive formalisation of its licences soon. 

Nuveen and Putnam Investments have both launched their first actively managed, semi-transparent ETFs using the proxy model.

The German bank has made a multiple changes to its securities services and agency lending global leadership over the past year.

CrossTower has hired former State Street and Goldman Sachs hedge fund administration veteran as its new CFO.

The fund administration licence further expands on Crestbridge’s strategy to grow in the world’s top fund domiciles.

With less than a month to go, the pressure is on for buy-side firms to finalise documentation and custodial arrangements on their initial margin.

Distributed ledger repo platform from Broadridge has executed more than $35 billion in average daily volume in the first few weeks since its launch.