Custodians have been presented the perfect opportunity to push for regulators to adopt digitalisation and to do-away with requiring paper-based compliance.
With some of the world's largest ETF issuers launching new semi-transparent products, custodians and fund administrators are in a unique opportunity to bridge the gap between the active and passive investment community.
Custodians are still waiting for vital information to work out exactly how the penalties are calculated under CSDR.
BlackRock's flagship investment operations platform - Aladdin - is quickly becoming the core infrastructure for custodian’s front-to-back servicing models.
The tech giant has gone live with Advent TransPort enabling investment managers and hedge funds to customise and standardise custodial data.
Calls, emails and video conferences replace in-person meetings as custodians look to adapt and continue onboarding clients.
India's markets regulator has relaxed requirements for FPIs to renew their license following calls from custodians to ease the process for firms working remotely.
The group of 20 industry bodies have said the outbreak has resulted in a significant delay for both custodians and buy-side firms in carrying out heavy onboarding tasks
The $35 billion super fund decided to defer the move from a ‘risk management perspective’, given the extreme market volatility caused by the COVID-19 virus.
The stance from three of the world's largest pension funds could spark an opportunity for service providers to help other asset owners more effectively incorporate ESG factors into investing.