The two firms agreed on a deal in principle in July as part of the German bank’s major restructuring and a complete withdrawal from equities trading.
BNP Paribas Securities Services will deploy 17 fund accounting APIs in a major move to further digitise its business.
One of Canada’s largest investment managers mandates CIBC Mellon for fund administration servicing, in addition to the existing custody services that the bank provides.
The toolkit sets out a range of operational, trading and risk processes that need to be reviewed and enhanced ahead of the incoming settlement discipline regime.
Northern Trust's current CFO of the wealth management business will take on the group CFO role next year.
JP Morgan has increased prime brokerage balances by 25% over the year, following near-record levels set across the cash and synthetic businesses.
Standard Chartered hopes the move will boost acceptance of Chinese debt as collateral for its foreign investor clients.
A reshuffle of global financial intermediaries sales and relationship management team sees new addition in New York and promotions in Europe.
The partnership incorporates the Solovis analytics application to manage data and traditional accounting book of records with alternatives asset data.
A possible review of reporting regulations could be an additional burden on asset managers and present a "significant danger" according to one expert.