Deutsche Bank takes on the FinTechs with new big data analytics tool
Big data is becoming a greater value proposition for custodians than the traditional model of asset keeping and settlement.
Technology
Digital Asset blockchain platform processed 27,000 trades per second in latest test
The DA platform processed more than four times the amount of trades per second than the latest DLT prototype developed by DTCC.
SGSS partners with AI-focused FinTech firm on portfolio commentaries
SGSS will use Addventa's artificial intelligence technology to automate the portfolio commentary process for asset managers.
Fidelity Investments unveils dedicated crypto trading and custody business
The new business known as Fidelity Digital Assets will offer custody and trade execution of cryptocurrencies to institutional investors from 2019.
IHS Markit launches syndicated loan data solution for custodians
The portal will combine data drawn directly from around 150 agent banks and the multiple loan market services provided by IHS Markit.
Northern Trust invests in front-office data provider
The custodian will also look to deliver new capabilities across data aggregation, data enhancement and data analytics to support trading and execution.
SS&C completes $1.45 billion acquisition of Eze Software
SS&C Technologies completes purchase of Eze Software shortly after State Street completes its acquisition of Charles River.
BNY Mellon appoints technology chief from Bank of America
Industry veteran Sabet Elias has been chief technology for sales and trading at Bank of America for the past seven years.
State Street Global Exchange head named CEO of Charles River as acquisition closes
John Plansky, head of State Street Global Exchange, is named CEO of Charles River as Peter Lambertus takes on strategic consultant role.
IHS Markit launches initial margin calculation tool for OTC derivatives
The final phase of the framework for posting initial margin is due to come into force in 2020.