Clearstream to use alts FinTech to automate funds trade docs
The Luxembourg-based CSD will use Finomial’s technology to automate trade documentation completion for funds in alternative assets.
Tag: automation
JP Morgan Asset Management works with Calastone to automate MMF settlement
Through the asset manager’s ‘Morgan Money’ trading platform, it has become the first in the market to offer automated settlement with Calastone's technology.
BNY Mellon launches end-to-end automation for ActiveShares ETFs
US asset manager Legg Mason plans to be one of the first adopters of the new ETF model, with BNY Mellon as their ETF service provider.
Industry need for automation drives latest SS&C acquisition
SS&C acquires machine learning paper-to-digital data transformation platform.
Northern Trust joins IHS Markit platform to automate syndicated loan trade process
Syndicated loans have emerged as a key asset class for Northern Trust's institutional investor and family offices clients.
First State Investments selects Euroclear to automate UK funds settlement
First State Investments will use the service for end-to-end automation of its UK investment funds from order placement, to settlement and asset servicing.
LGIM selects Euroclear’s automated investment fund service
LGIM will be able to use the CREST investment fund services for end-to-end automation of order placement, settlement and asset servicing.
Deutsche Bank uses DLT to provide global beneficial ownership transparency
Deutsche Bank has successfully piloted a solution using DLT to enable further automation of custodial services.
BNP Paribas to cut 500 jobs across securities services in France
The planned cuts are aimed to increase its competitiveness in an increasingly constrained operating environment.
SS&C automates investment operations for Indonesia’s Bahana TCW
SS&C has signed on a number of leading buy-side firms and financial institutions to its various automated middle- and back-office platforms.