New technologies to provide new role for custodians
Distributed ledger technology (DLT) will reinvent the value chain for custodians, says HSBC's John Van Verre.
Tag: custody
European custodians enjoy profitable Q3
Societe Generale, BNP Paribas and HSBC all recorded an increase in securities services revenues during the quarter.
Custody’s new reality
For decades the custody world has operated in the same way, with the same systems and same technology. However, in this new era of technology advancements, data requirements and automation, custodians are adapting and transforming.
Fee falling
Asset managers have little choice but to try to minimise their expenditure on custody as they face a world of pressures.
Citi creates new global securities services group
Citi has combined investor services and direct custody and clearing, with the new group being headed by Okan Pekin.
State Street one deal away from topping BNY Mellon
State Street is potentially just one mega deal away from becoming the largest custodian by assets.
BNP Paribas boosts US presence with custody platform additions
BNP Paribas is expanding its US broker to custody platform which initially launched in 2012.
BNY Mellon increases Australian custody offerings with new partnership.
BNY Mellon will offer custody services to clients of Australian-based One Investment Group.
BNP Paribas boosts assets under custody 10%
BNP Paribas has recorded an increase in securities services revenue and assets under custody at the start of 2017.
Northern Trust secures £6.7 billion custody mandate
Northern Trust has won another custody mandate under the Local Government Pensions Scheme national framework agreement.