Standard Chartered and OKX extend digital assets partnership to European Economic Area
Expansion builds on UAE launch to cover custody and trading across new markets.
Technology
Funds industry
UK’s FCA lays out tokenised fund regulatory framework
Report proposes guidance and rule changes to accelerate adoption of distributed ledger technology (DLT) in the funds space.
Institutional investors are ‘rewiring their operating models around digital assets’, according to State Street
Institutional investors are moving beyond experimentation to execution, as tokenisation and AI reshape investment strategies, notes State Street’s latest study.
Technology
Citi accelerates real-time asset servicing with Single Event Processing technology rollout
Landmark development has seen event creation reduced from hours to minutes, with the technology currently being rolled out in North America and extended to the rest of Citi’s custody network by 2026.
Apex Group goes live with AI-driven WealthTech platform
The new platform aims to lower barriers to entry and streamline processes for wealth managers, banks and distributors looking to access private markets.
Clearstream and Euroclear set timeline for Eurobond digitisation
Dematerialised issuance to begin in 2026 as ICSDs introduce common data standard to streamline market processes.
ZILO eyes global expansion with $27m funding round
State Street joined the funding round for the tech provider, following a transfer agency tie-up between the firms earlier this year.
The risen star: State Street’s COO Mostapha Tahiri discusses the future of tech and ops for the custody giant
After being credited with transforming State Street’s custody business in Asia, Mostapha Tahiri was given a new mandate - to align tech and ops under a client-centric view, accelerate the transformation of operational technology, and reposition these functions at the heart of the organisation.
BNP Paribas securities services partners with RAQUEST on digital tax reclaims
The partnership will enable the filing of digital withholding tax refunds with European tax authorities, supported by RAQUEST’s STTI Gateway technology.
Euroclear agrees AI tie-up with Marketnode and Microsoft
Project to target automation, data analysis and tokenisation across funds and credit.