Northern Trust flags digital asset momentum as Q1 servicing fees hit $740.5m
Assets under custody/administration hold at $18.6 trillion as market tailwinds and client activity support growth.
Assets under custody/administration hold at $18.6 trillion as market tailwinds and client activity support growth.
New role for Citi managing director who teams up with former securities services head Okan Pekin.
Funding round supports platform build-out, DLT collaboration and expansion of collateral mobility use cases.
New structure adds blockchain-enabled access route for gold exposure, with custody and tokenisation services integrated into existing ETF framework.
Regulators propose changes to Form PF, including higher filing thresholds and streamlined requirements, while maintaining systemic risk monitoring capabilities.
Custody and fund services relationship renewed for a further five years following competitive tender.
New servicing fee revenue wins reached $56 million during the quarter, driven primarily by back-office mandates and alternative asset servicing.
Emily Schlosser, global head of custody business at BNY, highlights how rising complexity in private markets is driving demand for integrated custody, high-quality data and agile liquidity solutions.
The phased approach links trading,custodyand collateral management ason-chainassets move closer to institutional workflows.