State Street bullish on tech as CEO reiterates scale advantage
Ron O’Hanley says the firm is ‘well advanced’ to support clients’ tokenised fund strategies this year.
Ron O’Hanley says the firm is ‘well advanced’ to support clients’ tokenised fund strategies this year.
US public pension appoints provider for global custody, securities lending and accounting services.
Mandate expansion adds administration and reporting services as sustainability-focused strategies continue to scale.
Mandate expansion signals broader shift towards consolidated servicing across fund structures.
Assets under custody/administration hold at $18.6 trillion as market tailwinds and client activity support growth.
New role for Citi managing director who teams up with former securities services head Okan Pekin.
Funding round supports platform build-out, DLT collaboration and expansion of collateral mobility use cases.
New structure adds blockchain-enabled access route for gold exposure, with custody and tokenisation services integrated into existing ETF framework.
Custody and fund services relationship renewed for a further five years following competitive tender.
Emily Schlosser, global head of custody business at BNY, highlights how rising complexity in private markets is driving demand for integrated custody, high-quality data and agile liquidity solutions.