A number of custodians and fund administrators have targeted the front-office as a new growth opportunity and expand from its traditional back-office services model.
Custodians could deliver superior value focusing on identifying operational pain-points for customers and created solutions off the back of it, according to Deutsche Bank.
Certain trade data captured by artificial intelligence could be at risk of being hacked by cyber criminals, according to a leading cyber-security expert.
The decade-long building and implementation of the pan-European settlement system came under fire at the Sibos expo in Sydney as market participants face up to the realities of the project.
Custodians and market infrastructures are being required by regulators to look at the assets they are safeguarding and who they belong to.
The portal will combine data drawn directly from around 150 agent banks and the multiple loan market services provided by IHS Markit.
Increasingly complicated portfolios require more third-party providers including prime brokers, swaps providers and banks, says COO.