Network managers expect major changes to sub-custodian due diligence processes
Network managers may be forced to adopt virtual technologies to complete their due diligence processes of sub-custodians, however not all are in agreement of its merits.
Tag: COVID-19
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Custodians and outsourcing providers answer the call when asset managers and owners need them most.
Asset servicing chiefs heap praise on teams adapting to ‘new normal’ through pandemic
CEOs of asset servicing firms explained that the pandemic has sparked new attitudes towards business processes and technology.
Storing up trouble?
How has the enforced change in working environments brought on by the COVID-19 pandemic affected the functioning of corporate actions and company meetings? In the first of a two-part analysis, Richard Schwartz explores the scope of the challenge that issuers and their service providers are facing.
Post-trade firms step up resources for DLT projects, but COVID-19 could wipe out gains made
Investment into DLT increased 20% over the year, yet the operational pressures of the COVID-19 pandemic could set back the industry.
Institutional investors maintain confidence in asset managers to navigate COVID-19 crisis
New research from State Street shows the majority of institutional investors have faith in their asset managers’ ability to navigate the crisis.
Bank of England launches post-trade task force to tackle outdated systems
The report from the UK central ban found that financial firms are spending upwards of $20 billion a year on post-trade processing systems alone.
ESG prevailed when the going got tough
Investment strategies incorporating environmental, social and governance (ESG) factors outperformed during recent market turbulence, regardless of the challenges that the concept still needs to overcome.
Trade settlement fail spikes at height of COVID-19 crisis spark debate over CSDR
The spike in settlement fails during this period could further encourage the industry to increase calls for regulators to reconsider a delay to the CSDR buy-in regime
‘Social’ aspect of ESG set to be thrust into the spotlight by COVID-19
The global spread of coronavirus and subsequent company responses could come under the spotlight for investors' ESG strategies.