The survey of 32 C-Suite executives from global financial institutions found that over one third are considering, or have shifted, to new services and strategies.
A new study from BNY Mellon of 200 asset managers found an overwhelming 97% plan to outsource their data management infrastructure.
Former State Street APAC COO and FinTech founder joins BNY Mellon to lead its asset servicing and digital agenda in the region.
The partnership with London-based FinTech firm H4 will help transform the client contract onboarding experience.
Asset managers, custodians and other industry participants cited legacy tech and data quality as the biggest challenge to achieving full corporate actions automation.
Citi will implement the Solidatus platform internally at a global enterprise level following its investment as it looks to enhance its data ecosystem.
BNY Mellon is aiming to accelerate its digital plans for all of its asset servicing business, which it sees could help it win new clients.
Asset managers may consider in-sourcing some client-facing functions as a result of their disappointment in their service provider's digital capabilities.
Sibos goes virtual as new approach from SWIFT opens up the conference and its content to a wider global audience.
Clearstream is planning to use its involvements in recent DLT projects as a steppingstone to developing its own digitised CSD.