Services to include global and domestic custody, institutional accounting and securities lending for the agency.
CIBC Mellon will provide custody and fund accounting services to 14 CI WisdomTree ETFs with $1 billion in assets under management (AuM).
Northern Trust has been appointed the global custodian for the University of Victoria (UVic) to service its CAD$ 2 billion of pension and foundation assets.
The Canadian custody bank collaborated with NEO and other industry players to create the first platform-traded funds process in Canada.
RBC I&TS will create a new head of investor services role, promoting one of its top executives to lead the business.
JP Morgan will continue to hold a 10% ownership interest in EquiLend.
State Street has made a series of enhancements in support of asset owners, as it prepares to onboard buy-side clients to its front-to-back model.
RBC I&TS has struck a number of custody deals for Canadian alternative investment managers in recent months.
RBC I&TS has made a number of efforts to boost its alternatives coverage globally through senior appointments.
Multiple breakthroughs for distributed ledger technology in 10 day span for securities services industry.