The move will expand Northern Trust’s existing fund administration relationship with UBS in Switzerland and Luxembourg.
The private equity firm will buy the private markets fund administrator from Hg and General Atlantic through its core private equity strategy.
The rollout expands BNP Paribas’ existing use of Proxymity’s technology for local custody clients in the UK, Australia and New Zealand.
Madrid-based roles will drive the firm's custody product and operational strategy.
New settlement link will allow international investors to access and settle eligible Qatari riyal-denominated government bonds and sukuk through Euroclear Bank.
New technology leadership, its own cloud platform, four client launches and digital asset custody on the way: CEO Mal Cullen tells Global Custodian why the CIBC–BNY joint venture is using its 30th year to build rather than reflect.
Speaking at Sibos 2026 in Miami, executives from BNP Paribas, Clearstream, Brown Brothers Harriman and CMU OmniClear said tokenisation's institutional value will increasingly lie in how assets can be mobilised and reused as collateral.
Reshuffle sees two senior technology leaders take on expanded responsibilities.
Speaking at Sibos in Miami, State Street's chairman and CEO says AI is lifting developer productivity by double digits and shrinking cyber remediation from weeks to hours, but warns of AI’s ‘quantum moment’.
Speaking at Sibos, BBH’s Bill Tyree explains how AI technology could help banks manage tighter settlement windows by monitoring transactions and flagging potential fails.