Northern Trust appointed custodian as Frontier launches ICIO service in Australia
Global custodian to provide asset servicing for new institutional advisory and portfolio management model.
News
Market Infrastructure
Fireside Friday with… BBH’s Mike McGovern
Mike McGovern, principal and global head of technology engagement at BBH, says asset managers must simplify complex legacy operating models through integrated data platforms, strategic partnerships, and AI-led transformation to achieve scalability, resilience, and competitiveness in rapidly evolving markets.
Outsourcing expanding beyond custody and settlement, report finds
Citi’s latest report argues asset managers are shifting from vendor relationships towards strategic partnerships, as administrators take on a larger role in building the technology and operational foundations of the future.
JP Morgan mandated as securities lending agent by SAB Invest
Appointment supports launch of securities lending programme for Saudi equities, with plans to extend offering across global portfolios.
DTCC upgrades funds infrastructure ahead of Trump Accounts launch
Market infrastructure provider says firms can expect to benefit from more consistent processing, greater scalability, cleaner transferability and increased data accuracy.
BNY to provide triparty collateral services for Euronext Clearing’s expanding repo offering
Collaboration aims to boost capital efficiency and collateral optimisation as demand for cleared repo grows across Europe.
BNP Paribas secures €8bn custody and depositary mandate from BCC Risparmio & Previdenza
Securities services provider to support €8 billion in pension and UCITS fund assets.
BBH launches AI-enabled NAV oversight tool
Machine learning-based solution designed to support NAV validation across third-party administrators.
Broadridge and Pirum to connect securities finance platforms
Integration seeks to improve front-to-back workflows amid growing demands for T+1 readiness and operational efficiency.
CACEIS partners on tokenised money market fund pilot
Alongside Amundi and Ant International, the custodian has launched tokenised share classes for a money market fund as part of wider efforts to explore blockchain-based treasury and liquidity management tools.