The unprecedented wave of market updates network managers had to deliver to clients have sparked demands for markets to adopt permanent digitalisation efforts.
Custodians have been presented the perfect opportunity to push for regulators to adopt digitalisation and to do-away with requiring paper-based compliance.
Clearstream is planning to use its involvements in recent DLT projects as a steppingstone to developing its own digitised CSD.
The report from the UK central ban found that financial firms are spending upwards of $20 billion a year on post-trade processing systems alone.
The impact of the COVID-19 crisis on operations could stimulate work towards a digital post-trade framework between regulators and securities services firms.
FinTech partnerships have become an attractive alternative or compliment to relying solely on internal innovation.
Northern Trust is rolling out new capabilities using RPA and cognitive AI within a framework called its ‘Fund Accounting Optimisation Lab’.
New launch in Luxembourg aimed at adding to single-source offering including depositary, custody, FX and bank accounts.
In the first part of our ‘what to look out for in 2020’, we ask industry experts’ for their input on technology and digital trends in the securities services industry.
The asset management landscape for 2020 is set for significant change as regulation on ESG and liquidity, Brexit, and digital assets appear to be on the agenda.