Broadridge launches AI-backed OpsGPT tool
GenAI-powered operational management tool was developed in direct response to the upcoming switch to T+1 in North America.
GenAI-powered operational management tool was developed in direct response to the upcoming switch to T+1 in North America.
Non-standard instruments, such as the Argentinian specific asset class, will still be offered on the old system. Caja de Valores said it aims to migrate these instruments onto the new platform within Q1 2024.
Global Custodian caught up with the custodian’s head of Saudi Arabia last month who described the amble opportunities in the Kingdom which Northern Trust has been present in for a decade.
Custodian to assume full ownership of joint venture with HCLTech, which has been operational since 2012.
Experienced executive has spent over 25 years across JP Morgan, Eastspring Investments and Schroders.
Regulator Sebi outlines plan to move to instantaneous settlement by March 2025 on an optional basis using a parallel system to the current T+1 structure.
Switch to a shortened settlement cycle follows news that the three markets will combine under one trading platform.
Global Custodian catches up with Northern Trust’s head of Saudi Arabia to discuss the current momentum in the country, as widespread social, economic and regulatory reforms encourage a new age of global engagement.
Firm also announces two new strategic hires to spearhead local commercial initiatives.
Initiative aims to enhance liquidity and optimisation opportunities.