News

Executive joins from HSBC, where he spent nearly 12 years across liquidity and treasury solutions roles, following earlier experience at Barclays. 

Recent GC Hall of Fame inductee, Ben Challice, CEO of Pirum, reflects on a 25-year career spanning trading, the Lehman Brothers unwind, and banking, sharing how those experiences shaped his leadership, his vision for connected market infrastructure, and the lessons that have endured throughout his career. 

New servicing fee revenue wins rose to $87 million during the quarter, while assets under custody and/or administration hit a record high. 

Former Zodia Markets CEO joins to lead its digital assets strategy, bringing more than 17 years of capital markets technology experience from the likes of HSBC and Merrill Lynch. 

Asset servicing executive joins BNY following a 13-year career at JP Morgan, having previously held roles at Goldman Sachs and NatWest. 

Bank is the first applicant to be approved for the scheme, and means the firm’s Orion platform can now operate as a digital securities depository.  

Service moves beyond trials following industry testing with more than 50 firms including BlackRock, Citi, Goldman Sachs, JP Morgan, Morgan Stanley and State Street. 

Assets under custody/administration (AUC/A) rise to $62.6 trillion – up 5% from the previous quarter.  

Appointments across London, Luxembourg and Dublin include hires from State Street, Brown Brothers Harriman and NatWest, alongside an internal move from Northern Trust’s depositary services business. 

Investment targets improvements in SSI data quality, governance and automation across post-trade workflows.