State Street gains Saudi fund administration licence
New regulatory approval allows the custodian to provide fund administration services on the ground as Saudi Arabia's asset servicing market develops.
News
Digital asset servicing
Fireside Friday with… Standard Chartered’s Waqar Chaudry
Waqar Chaudry, global head of digital assets at Standard Chartered, discusses the bank’s push to integrate digital assets into traditional financial infrastructure, and why he believes the industry is entering a pivotal adoption phase that could fundamentally reshape capital markets.
Societe Generale and Euroclear explore USD stablecoin settlement for short-term funding markets
Firms assess the use of regulated digital cash for tokenised US dollar commercial paper transactions.
FCA censures CACEIS UK over WealthTek controls failures
Asset servicer to make £31.7 million voluntary payment to affected clients.
Clearstream opens Kenyan market link
Standard Chartered names as cash correspondent bank, as connection enables institutional access to Kenyan government and infrastructure debt.
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.