Global custodians increase tech spend in new arms race
A UBS survey showed 87% of participants from banks with assets of $250 billion and above believe technology spending will increase annually over the next three years.
Tag: Custodians
DTCC-Euroclear goes live with joint collateral management project following dealer backing
Nine global custodians are in various stages of testing with the MTU, and GlobalCollateral is in the process of engaging with around 40 other regional custodians.
Asset management group calls for wider securities lending remit to access China
The ASIFMA paper suggested allowing investment managers and their lending agents, often global custodians, to carry out securities lending in the markets.
Buy-side prefer front-to-back solution from tech vendors rather than custodians, finds survey
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.
The billion dollar drop
Corporate actions and proxy voting is rarely viewed as a high priority for asset managers and trading firms. But if they only knew what they were missing out on, maybe they would take a bit more notice.
Custodians called on to rethink big data strategies
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.
Artificial intelligence at risk of providing new avenue for cyber criminals
Certain trade data captured by artificial intelligence could be at risk of being hacked by cyber criminals, according to a leading cyber-security expert.
Time to monetise your data
Custodians are sitting on a mountain of valuable data which could be a new revenue stream if used properly, but as recent scandals have shown, navigating the data collection world can be a minefield, writes Charles Gubert.
Collaboration panel discussion at Sibos sparks age-old T2S debate
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 face challenges in identifying underlying criminal investors
Custodians and market infrastructures are being required by regulators to look at the assets they are safeguarding and who they belong to.