Pilot project aims to enhance transparency and efficiency in fund servicing. 

Broker-dealer to streamline back-office operations amid growing institutional demand. 

Photos from Global Custodian's Leaders in Custody Asia awards held at Raffles Hotel, Singapore on 29 May.

Mandate highlights continued demand for tailored, cross-border custody solutions among institutional managers. 

This week’s fund services round-up features Apex Group, IQ-EQ, Citco, Ultimus, Suntera Global, Imperium Group and Langham Hall. 

Dutch pension fund awards €5.4 billion mandate to BNP Paribas for custody and administration ahead of major pension reforms. 

Former Bank of England and Visa Europe executive to lead private markets specialist. 

The initiative focuses on extending Project DAMA 2 by exploring the use of explainable AI, machine learning, and large language models in tokenised fund servicing workflows. 

Ed Corral, head of collateral services at Pirum, highlights the challenges of collateral liquidity management, the impact of T+1 settlement, evolving regulations, and the role of AI and automation in optimising collateral. 

The securities services arm will support the cross-border pilot with blockchain-based order execution.