The partnership comes as custodians turn to FinTechs and other technology providers to transform and automate unstructured data in the alternatives markets.
New solution will allow Northern Trust’s clients to evidence oversight and accountability for meeting their regulatory obligations.
ESG analytics provided by Northern Trust will support M&SPT’s oversight, governance and reporting of investments.
The new Depotbank service will be led by Marco Wiegmann, who joined Northern Trust in September after 10 years spent with RBC I&TS.
Global head of custody for BNY Mellon wins close vote ahead of peers from BlackRock, JP Morgan and State Street.
Recognising his 35-year career and influence within the custody industry throughout the world, BNP Paribas Securities Services’ general manager receives Lifetime Achievement award.
The new unit, State Street Digital, will be led by well-known securities services veteran Nadine Chakar, and seeks to address the industry-wide shift to a digital economy.
The artificial intelligence contracting platform will improve client experience as part of the bank’s digital innovation focus.
Two mandates make the custodian the first foreign bank to execute deals in both domestic mutual fund and WFOE segments.
Digitalisation, new technologies and cyber threats are atop the list of challenges and opportunities for network managers who are facing a major turning point in the their roles.