Having been dramatically oversold, custodians are becoming more rational in what robotic technologies can and cannot be used for.
In March, Citi’s Proxymity won Global Custodian’s Innovation in Securities Services technology award for its potential to disrupt manual proxy voting processes.
The deal comes six months after Torstone entered the Norwegian market following its connection to the local CSD.
Nasdaq, EuroCCP, Euroclear and ABN AMRO Clearing use blockchain for collateral processes in ‘breakthrough for CCP model’.
The internet may not be able to handle vast amounts of crypto transactions, according to the Bank for International Settlements claims.
Asset manager panellists at Fund Forum have seen a change in mindsets towards AI, but remain wary around full-scale adoption.
Trades by JP Morgan and Citadel processed by ‘no-touch’ platform designed to remove post-trade manual processes.
R3 chief David Rutter hits back at ‘false rumours’ of financial troubles spread by two former employees.
HSBC chief executive John Flint says that following a period of restructuring the bank must get back into growth mode.
The deal will see Broadridge combine its fund data and analytics products with MackayWilliams’ insight into European mutual fund trends.