Fund manager giants prepare to migrate ETFs to ICSD model
Europe's largest asset managers are working towards launching new and transitioning current Irish-domiciled ETFs to an ICSD settlement structure.
Europe's largest asset managers are working towards launching new and transitioning current Irish-domiciled ETFs to an ICSD settlement structure.
Data strategies, technological challenges, and front-to-back office operating models dominated the discussions at InvestOps Europe 2019 in London.
The new mandate resulted in the transfer of 53 mutual funds and ETFs to Citi, following a recent acquisition from client Victory Capital.
As fund administrators win new mandates that cover multiple jurisdictions and asset classes, they will have to build up new risk management reporting tools.
The new role will involve being responsible for helping drive China sales growth from Americas buy-side clients.
FinTech firm Finbourne has released an early access programme for its flagship cloud-based investment data management platform, LUSID.
A number of bank-owned fund administration business are looking to capitalise on the rapid growth in private markets.
The partnership aims to reduce time spent on manual tasks and driving efficiencies to help investment funds meet their documentation reporting obligations.