Be careful what you wish for!
A lively panel on tokenisation of payments at Sibos in Toronto led to a broader recap of expectations from DLT.
Tokenisation needs to be followed by secondary market activity
Following Tuesday’s session on tokenisation, Global Custodian caught up with Waqar Chaudry, executive director, innovation and digital assets product, financing & Securities Services, Standard Chartered Bank to discuss next steps.
Mandating T+1 to European CSDs would be ‘absolutely wrong’, says Euroclear CEO
CEOs from DTCC, Euroclear and The Canadian Depository for Securities discuss the shift to T+1 settlement around the world at Sibos in Toronto.
State Street unveils new global headquarters in Boston
Official opening of the new office coincides with the launch of a rebrand for the custodian, reflecting the identity and future of the business.
FundGuard expands global footprint with London office
Firm also announces two new strategic hires to spearhead local commercial initiatives.
US shift to T+1 spurs Asian back-offices to accelerate processing times
Digital transformation needed to meet regional demand for North American equities, new paper advises.
Fund Administration
Cap intro, pricing and technology relative laggards in fund services
A three-year review of fund administration survey results confirms consistent highs and lows.
Qatar Stock Exchange introduces securities lending
Initiative aims to enhance liquidity and optimisation opportunities.
BNY Mellon appoints new global head of its corporate trust business
Appointee moves over from BNY Mellon’s Pershing.
Altum Group expands Luxembourg presence with acquisition
Firm buys Link Fund Solutions (Luxembourg) from Link Group.