Global pandemic exposes shortfalls in post-trade processes, finds new research
The report stated increased automation of the middle-office and the use of secure cloud-based platforms should be key priorities for firms for next year.
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Northern Trust launches new research and investment analysis features for asset owners
The new tools will provide further support for institutional investors and asset owners that manage their own sophisticated portfolios.
Transcend to use fundraising to upscale collateral management services for custodians
Transcend aims to use the new funding to rapidly scale product and sales infrastructure for custodian banks and prime brokers.
UK property finance platform selects SS&C for fund administration
Property finance platform converts operations to SS&C's full-service platform.
U.S. Bank launches alternatives investment services in Luxembourg
The establishment of the new business will enable U.S. Bank to provide fund services to AIFs in two of the main cross-border fund hubs.
More hedge funds will incorporate ESG by 2022 than not, finds new research
Survey shows that 40% of hedge funds incorporate ESG into their investments but that stances are gradually shifting.
Co-founder of eSecLending joins Sharegain in first US hire
FinTech firm hires 30-year industry veteran as head of operations Americas.
ASX announces a further year delay to post-trade DLT platform
The latest delay will push the project back to April 2023 as the exchange again cites COVID-19 as a cause.
Apex to acquire Banco Modal’s Brazilian fund administration business
The acquisition of MAF will add nearly $12 billion in assets under administration and custody, and increases its overall headcount in the Americas to 400 staff.
Deutsche Bank makes two appointments for Malaysia securities services business
Deutsche Bank has appointed a new head of domestic securities services sales and CEO of its trustee business in Malaysia.