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.
The bank cleared the first lot of cash and repo trades on behalf of the Healthcare of Ontario Pension Plan (HOOPP).
RBC's James Daigle will retire in May 2018 after serving 30 years with the Canadian bank.