Northern Trust launches APIs for real-time digital connectivity in banking services
Northern Trust has launched APIs giving institutional clients real-time access to account data, with NAV Fund Services first to implement.
Northern Trust has launched APIs giving institutional clients real-time access to account data, with NAV Fund Services first to implement.
Fenergo-powered solution aims to streamline investor onboarding and support broader private markets technology transformation.
Bank is the first applicant to be approved for the scheme, and means the firm’s Orion platform can now operate as a digital securities depository.
Service moves beyond trials following industry testing with more than 50 firms including BlackRock, Citi, Goldman Sachs, JP Morgan, Morgan Stanley and State Street.
Marketnode supported the transaction as tokenisation agent and digital paying agent.
Bimal Kadikar, founder & CEO of Transcend, discusses the firm’s recent Series B investment with 7RIDGE, its expansion into collateral, liquidity and tokenised markets, and how it is building infrastructure to bridge traditional and digital financial ecosystems through optimisation, interoperability and AI-driven capabilities.
Service allows eligible institutional clients to mint and redeem USDC through the bank without requiring a direct account with Circle.
The €77.5 million EIB issuance was arranged by Citi and marks the first use of Clearstream's D7 platform for such a transaction.
Waqar Chaudry, global head of digital assets at Standard Chartered, discusses the bank’s push to integrate digital assets into traditional financial infrastructure, and why he believes the industry is entering a pivotal adoption phase that could fundamentally reshape capital markets.
New offering aims to help firms manage tokenised and traditional collateral through a single operating model.