Custodians must plan to operate in a DLT world – Deutsche Bank
Custodians may be forced to adapt their business and operating models sooner than expected, as DLT-solutions and digital asset infrastructures take shape.
Custodians may be forced to adapt their business and operating models sooner than expected, as DLT-solutions and digital asset infrastructures take shape.
Sibos 2019 in London saw several key announcements from securities services providers over the deployment of APIs, AI and DLT.
Deutsche Bank has successfully piloted a solution using DLT to enable further automation of custodial services.
The two firms agreed on a deal in principle in July as part of the German bank’s major restructuring and a complete withdrawal from equities trading.
The toolkit sets out a range of operational, trading and risk processes that need to be reviewed and enhanced ahead of the incoming settlement discipline regime.
JP Morgan has increased prime brokerage balances by 25% over the year, following near-record levels set across the cash and synthetic businesses.
A reshuffle of global financial intermediaries sales and relationship management team sees new addition in New York and promotions in Europe.
The platform is designed to help foreign investors, such as asset managers and insurance companies, to set up new investment vehicles in India.
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.
The British bank has firmly established itself in the middle ranks of the industry prime brokerage league table.