Network managers put sub-custody under the microscope
Network managers have had to ride the storm of regulatory and market changes, and are now through to the over side. But the impact it has had on their sub-custody relationships is profound.
Tag: custody
Citi onboards $80 billion of custody assets following client acquisition
The new mandate resulted in the transfer of 53 mutual funds and ETFs to Citi, following a recent acquisition from client Victory Capital.
GSAM appoints BNY Mellon as European ETF asset servicing provider
BNY Mellon will provide custody and fund accounting services for Goldman Sachs Asset Management's first European ETF.
Deutsche Bank uses DLT to provide global beneficial ownership transparency
Deutsche Bank has successfully piloted a solution using DLT to enable further automation of custodial services.
Custody
BNY Mellon strikes major front-office alliance to integrate custody data
Custodian follows up on BlackRock deal in April with integration of its custody and fund accounting data with most-used OMS in the market, Global Custodian can reveal.
The front-office start-up inside Northern Trust
Northern Trust is six months in to the launch of its custody-agnostic front-office solutions business, led by a former client of the Chicago-based bank.
How Citi is shielding clients as it looks to overcome legacy systems
To protect clients from any destabilising effects of replacing elements of its core legacy platforms, Citi is deploying a unique tech strategy.
ICYMI: Summer news round-up
The summer of 2019 featured major organisational changes at some of the top securities services providers. From prime brokerage to custody, here are the top stories from this summer.
Custody
Industry Leaders Awards Shortlist for 2019 announced
New York event will see Prime Brokerage, Hedge Fund and Private Equity Fund Administration and Editors' choice awards handed out, along with individual and innovation honours.
State Street acquires key ETF client assets from BNY Mellon
The $50 billion New York-based fund manager has used both BNY Mellon and State Street as custodians for its global ETF product range.