Euroclear and HSBC to launch automated FX service for T+1
AutoFX will embed FX execution into the settlement process as European and UK markets prepare for the move to T+1 in 2027.
News
Standard Chartered appoints Citi exec to custody product role
Executive joins Standard Chartered after more than 15 years at Citi, where he held senior custody product management roles across Singapore and Hong Kong.
Northern Trust and CSC sign MoU to explore digital infrastructure in Australia
Collaboration will examine tokenisation, digital cash and settlement as Australian institutional investors assess emerging market infrastructure.
Europe
Fireside Friday with… Euroclear’s Chris Elms
Chris Elms, CEO of Euroclear UK & International, discusses 30 years of CREST and how the UK can build on its existing market infrastructure as it moves towards T+1, dematerialisation and greater adoption of digital assets.
BNP Paribas receives Saudi regional headquarters licence
French bank joins growing list of global custodians establishing regional headquarters in Riyadh.
ESMA launches review of digital asset custody resilience
The EU regulator will examine how crypto-asset service providers manage operational risks around custody as digital asset infrastructure develops.
BNP Paribas takes strategic stake in OSTTRA
The French bank joins a consortium of global banks investing in the post-trade infrastructure provider.
SS&C hires former BNY director as head of US operations and brokerage
Executive joins SS&C after more than 20 years at BNY, where he held senior roles across investor services and brokerage.
JP Morgan hires head of product for AI, analytics and Fusion
Executive returns to JP Morgan after three years as founder and CTO of AI and data firm Declarative Data, following more than 15 years at Morgan Stanley.
UK T+1 is not a ‘slam dunk’ despite US success, says taskforce chair
UK Accelerated Settlement Taskforce chair Andrew Douglas says the UK’s second-mover advantage should not lead firms to underestimate the work required, as T+1 is increasingly being viewed as an opportunity to redesign the back office.