State Street has made a number of high-profile changes to State Street’s global leadership teams since Ron O'Hanley began his tenure as CEO in January.
The PwC paper outlines by establishing an ICSD link could result in an increase in GDP of $13.4 billion over 10 years.
The settlement was carried out between the CSDs of Kuwait and Morocco using cash coins on the TCS BaNCS Network.
New research from industry analytics provider Coalition showed revenues from global securities services providers collectively reached $37.2 billion in 2018.
JP Morgan has increased spending for the business’s technology by a third, and now has one of the highest operating margins than all of the global custodians.
MFEX has gone live with the delivery of fund distribution services to RBC I&TS under a long-term partnership.
A survey conducted by Global Custodian, The TRADE Crypto and BitGo has shown that endowments are investing in crypto-assets and funds, with 94% stating they invested either directly or through a fund in 2018.
Global custodians and fund administrators have bolstered their teams in Ireland and Luxembourg in anticipation of these new flows.
Northern Trust underwent an organisational restructure within its asset servicing leadership at the end of last year.
Recent fines to investment banks over data reporting failings on trades have shown the importance of accuracy and quality.