EU settlement fails spiked in April as US-Iran ceasefire signed
Settlement failure rates across EU central securities depositories jumped sharply in early April, according to new data from European regulators.
News
Citi cuts India FPI registration to five days with digital onboarding
The solution, backed by API integration with NSDL, aims to streamline market access for global investors, with Citi overseeing around a third of FPI assets under custody in India.
Northern Trust appoints EMEA head of private markets
Internal hire will continue in existing role as CEO of Northern Trust Global Services SE and country head of Luxembourg.
Settlement
Post-Trade 360: Shorter settlements, digitalisation and MISP take centre stage
What began life as a Nordic-centric conference, Post-Trade 360 has metamorphosed into one of the calendar highlights for the global securities services industry. After two days and dozens of in-depth panel discussions, Global Custodian reflects on some of the biggest talking points to emerge from this year’s conference.
Apollo names former BNY executive as chief AI officer
Executive previously held senior transformation and AI roles at State Street.
BBH launches Braid technology business to tackle financial data transformation
New affiliate will use agentic AI to automate data transformation and connectivity across financial services.
Northern Trust adds senior client executive to Canadian asset servicing team
Executive joins Northern Trust after senior roles at Canada Life, CAAT Pension Plan, CWB Trust Services and CIBC Mellon.
Northern Trust expands Singapore unit trust offering
Relationship with Perpetual combines Northern Trust’s asset servicing capabilities with trustee services for Singapore unit trusts.
State Street reshapes investment services leadership with five appointments
The custodian has expanded the remits of five executives across its international, sales, operations, Americas and APAC businesses.
Broadridge launches platform for tokenised markets
The offering combines multi-chain infrastructure, tokenisation and institutional workflows across traditional and digital asset markets.