Technology

BOCOM Trustee has selected SS&C's flagship Geneva platform to support its fund administration technology.

AIA Group has become the first to sign up for the service, enabling them to reprice derivatives and collateral in more than 3,000 economic scenarios. 

BestX will provide equities TCA via its platform as State Street looks to provide multi-asset analytics to clients.

Explainable artificial intelligence model provides transparent and explainable AI-decisions in human language to help operational efficiencies and reduce manual validation.

Custodian reports Q2 results with uptick in assets under custody and administration and drop in fees income, as CEO highlights development in self-service capabilities.

Citi states it has become the first sub-custodian in Hong Kong to leverage bot technology to provide real-time processing for matching and settlement of trades.  

The implementation of the Broadridge system will allow MUFG to manage all aspects of its loan administration functions and enhance service efficiencies. 

BNY Mellon is aiming to accelerate its digital plans for all of its asset servicing business, which it sees could help it win new clients.

Fund Recs adds Maples to list of administrators to use platform to increase efficiency and optimise client deliverables. 

Asset managers may consider in-sourcing some client-facing functions as a result of their disappointment in their service provider's digital capabilities.