Custody

US T-Bills held 1:1 in custody with Northern Trust mandated as safekeeper, while Archax provides regulated token-layer custody. 

Global custodian to provide asset servicing for new institutional advisory and portfolio management model. 

Securities services provider to support €8 billion in pension and UCITS fund assets. 

Move expands the firm's European banking footprint as incoming EU regulations reshape the framework for third-country institutions servicing regional clients. 

Robin Hasson, head of SmartStream air product management, says AI is already streamlining custody by reducing manual exceptions, improving data quality, and speeding up resolution through always-on, parallel processing. He sees growing adoption and a shift toward agentic AI that works alongside humans to reshape post-trade operations. 

Five-year extension follows independent review focused on value, execution quality and member outcomes.

Agreement extends decade-long partnership as the asset manager seeks to evolve its mutual fund operations.  

Partnership to explore institutional opportunities across global custody and asset servicing in the Sultanate. 

Tatton Investment Management also names Apex Group as administrator for new multi-asset fund range. 

Speaking at Citi’s recent Investor Day, services head Shahmir Khaliq highlighted the importance of bank grade custody solutions that clients ‘can trust’.