Implementation covers fund accounting and investor servicing as the bank develops its fund administration business. 

Deutsche Bundesbank served as issuing and paying agent, with DZ BANK and Societe Generale acting as advisers on the transaction. 

Hong Kong-based executive joins from the Private Wealth Management Association, following previous roles at BlackRock, Merrill Lynch and Fidelity International. 

Renewed UK mandate extends a relationship that began in 2018 and covers fund administration, global custody, securities lending and performance measurement. 

Clearstream Fund Services’ global head of sales, Neil Wise, explains why legacy systems are struggling to keep pace with the rise of private markets, and what custodians need to do to stay competitive as fund distribution grows more complex. 

Mandate covers four ETF series launching on the Toronto Stock Exchange, with RBCIS providing administration and securities lending. 

The 10-year bond was issued via Clearstream’s D7 DLT platform and distributed across Clearstream and Euroclear Bank, marking the first DLT-native benchmark bond from a European government. 

The custodian continues to build across its servicing businesses, with new mandates adding to its latest quarterly performance. 

Failed trades are rising faster than settlement volumes, exposing operational weaknesses that could become harder to manage as Europe moves to T+1 in October 2027, according to DTCC and ValueExchange. 

The deal will bring Zodia Custody’s regulated digital asset custody operations into Standard Chartered’s securities services business, while its software and professional services arm will be spun out into a separate entity.