As effective cash management becomes increasingly critical to the operations of fund managers in light of new rules such as EMIR and bilateral margining of OTCs, more firms are beginning to build up their in-house treasury operations.
GC contributors Charles and John Gubert reflect on some of the biggest events to impact the securities services industry over the last 30 years as the magazine caps off its landmark anniversary years.
By common consent, the area of corporate actions is one of the laggards in industry efforts to standardise and automate all aspects of post-trade securities processing. While the implications for any one event may be limited, inefficiency costs in aggregate.
A major uptick in private market investments is leading to more operational complexities, paving the way for asset servicing providers to step in with shiny new teams and business units ready to serve.
The Utility Settlement Coin initiative will tokenise fiat currencies on an Ethereum-based blockchain addressing the ‘cash on a ledger’ problem and potentially transforming the post-trade process, and, most importantly, custodian banks are throwing their money behind it, writes Jonathan Watkins.
Network managers have had to ride the storm of regulatory and market changes, and are now through to the over side. But the impact it has had on their sub-custody relationships is profound.
The securities services industry is still plagued with legacy technology systems that are 15-20 years old at a time when the rest of the world is moving forwards at an alarming pace with new technologies. Joe Parsons looks at how firms are identifying what needs to be changed or updated, and how they weigh up their options.
Much has been made of private equity funds taking the decision to outsource, but now they have – what new challenges and decisions are they being faced with? Charles Gubert reports.
Global Custodian brings you the ultimate five-part guide on fund administrators and their primary business strategies. Part two looks at how organic growth is still the most-sought after and lucrative strategy in an era of M&A.
Global Custodian brings you the ultimate five-part guide on fund administrators and their primary business strategies. Part one looks at how administrators are investing in talent acquisitions to achieve growth into new asset classes.
The traditional COO and CFO roles at alternative investment managers no longer exist as they are now required to be technological, compliance and investor relations experts. How prepared are these firms with the changing nature of their roles, and how are they turning to their service providers to meet these modern-day challenges?
Asset owners are increasingly taking an active role in managing their money, opening up new avenues for custodians to provide services. But could this spell the end for asset management?
The search for scale has often meant centralising back-office processing in large facilities far from where the assets are traded. Has this processing model stood the test of time?
Front-to-back offerings from custodians are in vogue, but what are the features of these new models, and which will resonate with the buy-side?
JP Morgan’s securities services division has become one the most consistently high performing businesses in the industry and last year, completed the transition of BlackRock’s $1 trillion of assets. Teresa Heitsenrether, global head of securities services for JP Morgan, sits down with Global Custodian to discuss the bank’s strategy for the business.