Operations executives at asset managers discuss State Street’s front-to-back offering following the acquisition of Charles River.
Panelists argued an organisation from outside the asset management industry could pull buy-side firms together.
BNP Paribas is half-way through a five-year programme focusing on implementing digital initiatives across the group.
While providers are conscious existing systems are in need of reform, there is trepidation about developing technology which could be disrupted before it even goes live.
New service will enable collateral administration desks to stay current with changes in the market and regulations.
MAS and SGX have been among the leaders in promoting the use of blockchain technology in financial markets.
Fund administrators have highlighted the importance of the ETF to their growth plans, but operational technology were highlighted as a challenge for growth.
State Street makes another move into front office trading technology with acquisition of FX TCA provider BestX.
First Canadian dollar fixed income issuance by a major bank in Canada testing blockchain technology.
The alliance will also enable buy-side clients of Charles River to manage their entire trade life cycle using automated straight through processing (STP).