The series C funding was led by HSBC alongside other collaborators such as BNP Paribas, BNY Mellon, JP Morgan and Citi and will help support the development of HQLAx’s offering.
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An esteemed panel of experts, representing the Monetary Authority of Singapore (MAS), Barclays, Marketnode, State Street and Deutsche Bank, will discuss and dissect the trends behind that growth, the current technology and regulatory landscapes, and offer their thoughts on what the future may hold for the burgeoning region.
This week’s fund services round-up features: IQ-EQ, Ocorian, Gen II Fund Services, Aztec Group, Apex Group, SimCorp, The SILC Group.
The bank had a bustling first quarter, securing a string of notable new mandates in Europe.
With the launch of ETF Administration Survey 2024, this week GC Research is taking a look back at last year’s results which marked the lowest overall score since 2020.
The seasoned industry veteran has had various roles across DTCC-Euroclear’s joint GlobalCollateral and Morgan Stanley.
The recommendations cover liquidity risk management and governance, stress testing and scenario design, and collateral management practices of non-bank market participants, focussing on liquidity risks arising from spikes in margin and collateral calls.
The investment, for a minority stake, is slated for H2 2024, pending regulatory approval and legal finalisation.
Asset servicer posted an impressive 18% year-on-year revenue increase in securities services and an uptick in assets under custody and administration during Q1.
The Global Custodian Directory is a single access point to leading Service Providers.
Sumitomo Mitsui Trust is the first Japanese asset manager to adopt the ITP services through Nomura Research Institute’s (NRI) SmartBridge Advance – a collaborative offering built in partnership by DTCC and NRI.
One of the new clients had “no existing services” with the custodian prior to signing up for Alpha.
Custodian also posts sixth consecutive quarter of positive revenue growth, reaching $2.1 billion during the quarter.
Asset servicer posted an impressive 18% year-on-year revenue increase in securities services and an uptick in assets under custody and administration during Q1.
The launch grants Bloomberg Terminal users to access global securities lending data through the Bloomberg App Portal.
This extends an ongoing partnership with Broadridge to handle Japanese stock transactions in Hong Kong and Singapore.
Saham Group has acquired Societe Generale’s Moroccan banking unit, creating uncertainty about its custody offering in the country.