Why custody holds the key to cryptocurrency adoption
The safeguarding of cryptocurrencies by custodian banks is the only way institutional investors can begin their journey with the much-hyped digital assets. So will custodians step up to the plate?
Tag: custody
Northern Trust eyeing potential crypto custody model
Northern Trust is currently providing accounting services for select clients that have a small portion of their assets in cryptocurrencies.
BNP Paribas Securities Services revenues boosted by custody mandates
High-profile custody mandates and the implementation of new technology products helped drive second quarter revenues.
BNY Mellon investor services revenue slows in Q2
Investment services revenues of increased 8% to $3.1 billion year-on-year but remained flat over the previous quarter.
Algomi looks to monetise custodians bond holdings following Euroclear investment
The investment from Euroclear was in response to client demands wanting access untapped liquidity pools in the bond market.
Custodians giving clients sight of their data through blockchain could be fruitful, says ASX COO
Custodians stand to benefit from using the technology for new revenue-generating products around data services.
EU asset safekeeping review may disrupt custody activities
Regulators are hoping to harmonise the safekeeping requirements for UCITS and AIFMD funds, however this could mean stricter record-keeping requirements.
SIX unveils advanced plan for digital asset ecosystem
A fully integrated trading, settlement and custody infrastructure for digital assets is set to launch in 2019.
Standard Chartered facilitates DGCX collateral expansion
Clearing members will now be able to use UK and US government treasury bills, bonds, and other approved fixed income securities as collateral.
DWS chooses BNP Paribas for massive fund administration deal
DWS will transfer its fund administration unit, which is predominantly based in Germany, to BNP Paribas.