Former SS&C BlackRock exec joins Apex Group as Americas chief business development officer
New appointment holds more than 25 years’ experience as a financial services executive, having held positions at SS&C Technologies, Addepar and BlackRock.
Clearstream launches direct link to South Korea to bolster market access for foreign investors
New launch provides market access to settle and safekeep Korean government bonds through an omnibus account structure.
Deutsche Bank’s head of securities services sales for EMEA departs
Over his distinguished career, executive has held various key roles at Deutsche Bank, JP Morgan, and Goldman Sachs.
EquiLend’s DLT-based 1Source pilot kicks off
Pilot of initiative aiming to be a single source of truth for securities lending industry; begins with fully automated DLT system set to go live across the market in 2024.
Three new additions for CLS’ cross currency swaps service
The service forms part of CLSSettlement which has seen a 38% year on year increase in cross currency swaps for the first half of 2023.
Custody
Top takeaways from The Network Forum conference in Athens
Network managers from across the custody space gathered to discuss the most prominent trends in the space from operational resiliency to digital transformation, regulation and – of course – settlement reductions. The Global Custodian editorial team combined to pull together our top takeaways from the event.
Network management industry concerned about succession risk
Experts discussed how to talk succession risk and make the network management space more attractive for young talents as experts highlight concerns and the need for upskilling in their own roles.
Pirum launches new recalls solution to automate and digitise end-to-end workflow
According to the firm, the new solution will offer a significant return on investment, improve efficiencies and assist with T+1 compliance.
DTCC and Nomura Research Institute collaborate to improve post-trade automation and efficiency in Japan
The move comes as firms prepare for the 2024 implementation of T+1 settlement cycles in the US; addresses domestic and cross-border transactions.
Swap Connect launches as first derivatives trading link between Mainland China and Hong Kong
New programme initially launches with a Northbound channel, offering Hong Kong and international investors access to Mainland China’s interbank interest rate swap markets.