News

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. 

Collaboration reflects the growing need for institutional-grade safeguards as crypto assets feature more prominently in distressed estates.

Agreement with Digital Asset supports connectivity and development of custody workflows for tokenised financial assets. 

BlackRock-linked ETF servicing win and rising custody assets underscore structural momentum in securities services in Q1 2026. 

Executive brings nearly a decade of digital asset experience, with senior roles across Santander, Citi and EY.

AUC/A remained flat from the previous quarter, while the bank details efficiency gains of AI adoption across the business.  

At the centre of the programme is the re-architecture of DTCC’s clearing, settlement and risk systems. 

Growth was driven by a combination of higher fee income and improved interest dynamics, according to the bank.