Global Custodian to launch inaugural ETF administration survey
The new global survey will rate providers based on client feedback in a number of key ETF service areas, and will go live on Monday 6th April.
Tag: custody
Citi acquires RBC’s Australian custody business
By taking over RBC’s Australian client-base, Citi will become the second largest custodian in the country, behind JP Morgan.
Open post-trade platforms emerge as a viable option for banks, finds report
Open platforms have emerged as a cost-effective solution for banks that are updating and realigning their technology stacks in the wake of increased regulatory compliance.
Northern Trust eyes increased scalability after CEO admits missing targets
Northern Trust is in the midst of a multi-year strategy of digitising its asset servicing business, with the aim to increase profitability and scale.
HSBC ties up Franklin Templeton custody deal in India
HSBC stated it completed the transition in ‘record time’, after consolidating all custody and fund administration functions for its $18 billion of assets.
Australian superannuation fund reappoints JP Morgan custody deal after tender process
JP Morgan continues to cement status as largest asset servicer in Australia with key extension of AUD$12 billion super fund.
BNY Mellon signs new front-to-back partnership to expand custody data capabilities into EMEA
The partnership marks the expansion of BNY Mellon's open-architecture, partnership model with trading systems to Europe and the Middle East.
Kazakhstan CSD selects Citi as its custodian
Citi wins custody mandate from Astana International Exchange (AIX) central securities depository (CSD) in Kazakhstan.
State Street wins ETF servicing mandate from Avantis Investors
The win further strengthens State Street’s position as the largest asset servicing provider for exchange traded funds (ETFs).
Clearstream hires Citi custody operations exec for new strategy role
Clearstream’s current strategy has been focused on the continued rollout of its InvestorCSD, and the expansion of its investment fund services business.