Citi leads successful PoC on private fund tokenisation
In collaboration with ABN AMRO, Wellington Management and WisdomTree, Citi found that smart-contract capabilities could provide unique efficiencies not found in traditional assets.
In collaboration with ABN AMRO, Wellington Management and WisdomTree, Citi found that smart-contract capabilities could provide unique efficiencies not found in traditional assets.
The new deal expands the existing relationship between the two organisations, which saw €10 billion of iCapital funds invested through Clearstream.
Partnership with Quantalys Harvest Group will enable access to a new fund selection and portfolio modelling tool.
Irish funds market bounces back from decline in the previous year to grow by 8.6% according to new data which shows a shake-up in the custodian league table in the country.
Executive leaves the custodian after almost 20 years, where he served across a number of senior roles.
Experts from BNY Mellon, MUFG Investor Services, Citco Fund Services, Maples Group, JTC, CSC, Suntera Global, Jersey Finance, PFA Solutions, 4Pines Fund Services and Allvue Systems provide their predictions for the fund services industry.
The ICSD will provide a solution for all of DBS Bank’s fund assets for trading, custody and distribution services.
Service connects fund distributors directly with asset managers via the Clearstream Fund Services ecosystem.
Geography and asset diversification are seen as the way to remain competitive in a more complex market.
Firm also announces two new strategic hires to spearhead local commercial initiatives.