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.
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.
Northern Trust underwent an organisational restructure within its asset servicing leadership at the end of last year.
The appointments follow the recent addition of an artificial intelligence (AI) and robotics expert from State Street last month.
The changes include a new global head of asset servicing for custody operations and a new global head of fund administration operations.
Intertrust has grown its business in Ireland, opening a fund administration business a plans to recruit 60 new staff for its Dublin-based business.
Steven Caluwaerts joins from Citi where he was most recently European head of transfer agency product.
Burns will be responsible for overseeing client service and setting the strategic direction for its investment manager clients in the region.
BNY Mellon is developing a new trust and depositary model for common processes and practices across Europe.
Ireland has become a key focus for Northern Trust after it opened its second office in the country in 2017, and has since grown the employee base to 1,500.