Custody

Distributed ledger technology was under the microscope during a panel discussion at The Network Forum in London today.

Critical leadership role designed to further enhance bank’s client engagement strategy.

Boston-headquartered custodian has said it is not pursuing an acquisition of, or any other business combination with, Credit Suisse.

Arrangement will provide the wealth manager with access to global support to drive its geographical expansion.

Collaboration points to an interesting trend in custodians accessing local markets through direct connectivity with local CSDs.

The agreement will include a full suite of back-office investor services, including custody, fund accounting, securities lending and transfer agency.

Custodians must invest appropriate sums into their digital asset custody offerings to keep up with the fast-moving sector, says expert.

Experts in the securities services space sat down at the Leaders in Custody event in May for a panel discussion on the future of custody, assessing the current trends and challenges faced by industry players, while considering the roadmap for future success.

Clients of Zodia will gain direct access to the Fireblocks network of liquidity partners, trading venues, lending desks and counterparties.

Strategic decision made by BofA to exit certain aspects of its institutional custody business.