Industry roadmap highlights multi-phase testing, weekend simulations and heavy reliance on coordination across CSDs, CCPs and custodians to avoid settlement disruption. 

Update adds collateral, securities lending and proxy voting capabilities alongside updates to existing applications. 

Servicing mandate will cover custody, fund accounting, ETF basket creation, create/redeem order management, settlement, transfer agency and reporting. 

This week’s fund services round-up features Apex Group, Marex, Aztec, Ultimus, Equity Trustees and Suntera Global 

HSBC and Santander complete same-day transaction as intraday repo capability expands beyond US dollar. 

Recent inductee to GC Hall of Fame joins U.S. Bank after almost two decades at BNY, where he most recently led global client coverage for asset servicing. 

Appointment brings more than 25 years of industry experience across JP Morgan, HSBC and BNY to the position. 

ICSDs move to fully paperless issuance, marking a landmark step in the modernisation of the €15.3 trillion Eurobond market. 

Mandate will focus on global middle- and back-office solutions, custody, fund administration and depositary services. 

Mandate will see the custodian support the clearing house’s cash reinvestment activity through global agency repo services.