State Street converts Rest Super to full front-to-back office servicing client
State Street continues to bolster its impressive list of clients that are using the Boston-based custodian for full front-to-back office services.
Tag: Australia
Custody
Fireside Friday with… Citi’s Martin Carpenter
The acquisition of RBC’s Australian custody business has changed Citi’s position in the market and expanded its offering to a broader mix of clients, according to Martin Carpenter, head of securities services at Citi Australia.
Northern Trust wins middle-office outsourcing mandate for Australian asset manager
Northern Trust has made several enhancements to its global middle-office platform in response to rising demands from buy-side clients.
Citi names new product head for fund services in Australia
The move follows its acquisition of RBC’s Australian custody business back in March.
NAB Asset Servicing to implement Charles River compliance solution
The Charles River IMS will be used to provide NAB Asset Servicing’s clients with advanced compliance monitoring, overseeing and reporting tools.
Fidelity goes live on JP Morgan’s global fund accounting platform in Australia
Asset manager becomes the first to go live on JP Morgan’s InvestOne platform in Australia and New Zealand.
JP Morgan wins AUS$16bn mandate in renewed global custody drive
The mandate comes as JP Morgan renews its focus on global custody after undergoing a strategic review of its securities services business in the region.
Australian funds transfer automation continues to lag – Calastone study
The findings highlight the sharp divide between processing fund transfers manually that require ‘wet’ signatures and using an automated system.
JP Morgan to close Australia and New Zealand direct sub-custody business in global custody focus
The decision comes after a strategic review on its securities services businesses in the region, and has instead opted to focus on its global custody product.
JP Morgan re-appointed global custodian for AUS$21 billion super fund
The US bank has established itself as the largest custodian in Australia, servicing around AUS$866.7 billion in assets as of the end of 2019.