In order to provide a more modern, fully front-to-back service, mutualisation of non-differentiated technology has become a key factor for custodians, according to Samir Pandiri, president of Broadridge International.
Highlighting the pain operational pain points at sell-side firms, a new report outlines the benefits that can result from strategic investment in middle office automation.
The French asset manager giant said its new Amundi Technology line will become a new growth driver, with a predicted revenue of €150 million within five years.
The new solution aims to simplify operations and reduce costs for treasurers within investment firms managing cash and foreign exchange transaction.
The bank uses R3’s Corda technology for Digital Vault, its custody blockchain platform which digitises the transaction records of private placement assets.
The hedge fund will utilise Arcesium’s modular Treasury suite to scale its treasury functions and bring new controls into its collateral management workflows.
Broadridge one of its former business development director, to be responsible for creating and deepening relationships with industry players.
FundGuard earns investment from former State Street, HSBC and JP Morgan executives bringing its capital raised to $16 million in total.
The enhancement provides more granular insights into the factors that drive performance for clients with Middle East mandates.
Partnerships between custodians and third-party vendors have increased significantly in order to provide services for the full trade lifecycle. GC speaks to SimCorp’s Jochen Mueller about the key drivers behind these moves