AFME’s DDQ appears to have resonated with the industry as alterations lessen
Few alterations expected to be incorporated into the 2020 DDQ version in what is likely to be a welcome respite for many sub-custodian providers.
Custody
BNY Mellon wrestles Microsoft custody mandate from Northern Trust
The deal marks Microsoft’s first change in custodian in a decade for its $130 billion in assets.
BNY Mellon to allow buy-side to outsource entire non-cleared margin workflow
The solution follows a partnership with AcadiaSoft’s Initial Margin Risk Suite for automating collateral management processes.
Standard Bank wins custody mandate from South Africa’s largest brokerage
South Africa’s leading equities broker by volume selects Standard Bank for domestic custody and derivatives clearing business.
Current crypto ecosystem not yet viable for institutional investors, says Northern Trust
Northern Trust's global head of market advocacy and innovation says asset managers and pension funds are still waiting for the right infrastructure for the trading and custody of digital assets.
BNY Mellon selected by Jersey health insurer for custody and accounting services
Horizon Healthcare Services cites BNY Mellon’s commitment to technology resources as one of its main reasons for selecting the custodian.
BNY Mellon partners with crypto exchange for revolutionary custody model
Custodian teams up with trading venue operator Intercontinental Exchange to set up private key storage.
Northern Trust delivers outsourced trading and custody for UK fund manager
Northern Trust will provide trade execution, matching and settlement to Chawton Global Investors in latest outsourced trading deal.
Author of Giovannini Reports on clearing and settlement passes away
One of the most influential contributors to Europe's post-trade landscape passes away at the age of 64.
Americas
Global Custodian launches ’30 to shape the future’ initiative to mark anniversary
Nomination process now open for individuals who are working to shape the industry of the future, with esteemed panel of judges to decide on the final 30 names. To submit your nomination click here.