Clearstream opens Kenyan market link
Standard Chartered names as cash correspondent bank, as connection enables institutional access to Kenyan government and infrastructure debt.
News
Transcend extends collateral platform into digital markets
New offering aims to help firms manage tokenised and traditional collateral through a single operating model.
BNY hires JP Morgan exec for Americas asset owner and client service role
Asset servicing executive joins BNY after 18-year career at JP Morgan.
Citi mandated by Global X ETFs Australia for custody and fund administration
Appointment follows market review as ETF provider selects Citi’s global servicing and local market capabilities.
Northern Trust mandated as custodian as Archax launches $GOVY perpetual T-Bill token
US T-Bills held 1:1 in custody with Northern Trust mandated as safekeeper, while Archax provides regulated token-layer custody.
Clearstream expands digital transfer agency offering
Blockchain-based platform rolls out to additional markets and broadens fund tokenisation capabilities.
Northern Trust wins servicing mandate for TirNua’s inaugural infrastructure fund
Fund secures €340 million at first close to target low-carbon infrastructure opportunities.
Northern Trust appointed custodian as Frontier launches ICIO service in Australia
Global custodian to provide asset servicing for new institutional advisory and portfolio management model.
Market Infrastructure
Fireside Friday with… BBH’s Mike McGovern
Mike McGovern, principal and global head of technology engagement at BBH, says asset managers must simplify complex legacy operating models through integrated data platforms, strategic partnerships, and AI-led transformation to achieve scalability, resilience, and competitiveness in rapidly evolving markets.
Outsourcing expanding beyond custody and settlement, report finds
Citi’s latest report argues asset managers are shifting from vendor relationships towards strategic partnerships, as administrators take on a larger role in building the technology and operational foundations of the future.