RBI becomes first foreign custodian to open account with Russia’s NSD
The connectivity is the latest effort by RBI as it looks to establish itself as a gateway to Eastern European market infrastructures.
Custody
Top ten discussion points from the Network Forum Annual Meeting
Technology, regulation, diversity, Brexit, T2S, the role of the network manager and much more discussed at the annual event, this year held in Athens.
Lack of progress in open source adoption hindering global custody’s digitisation
Custody industry is lagging behind the rest of the financial services sector for open source projects, according to industry experts.
Custody industry urged to review risk pricing models
Securities services industry urged to take a closer look at cost models and risk by panel at The Network Forum Annual General Meeting.
State Street’s ambitious front-to-back plans lure in Lazard Asset Management
Lazard Asset Management signs letter of intent to use State Street’s widely-discussed front-to-back investment servicing platform.
The World Bank selects Northern Trust as global custodian for its investment management business
Organisation looking to end extreme poverty and boost shared prosperity, selects Northern Trust as global custodian.
State Street responds to growing ESG data and reporting demands with platform upgrade
Asset managers and asset owners are leaning more on their custodians for vital data and analytics on ESG investments.
Global Custodian’s 2019 Agent Banks in Major Markets Survey now live
Global Custodian's annual Agent Banks in Major Markets Survey is now live, and can be accessed by clicking here.
Custody
The Global Custodian Forum: Post-trade industry takes next steps in search for efficiency
Topics discussed at the forum included achieving buy-side operational efficiencies, new front-to-back service models, blockchain, ESG and tokenisation.
Deutsche Bank paper calls for regulatory review of post-trade framework
New paper highlights the need for a standardised interface for investors to enable the post-trade industry to operate at the same level as an Amazon-style company.