Euroclear loses global digital assets lead to Apex Group
Executive departs after helping build Euroclear's digital assets practice and launch its first digital market infrastructure.
Executive departs after helping build Euroclear's digital assets practice and launch its first digital market infrastructure.
Retailisation and digital distribution are exposing inefficiencies in fund servicing, with custodians under pressure to adopt faster, more scalable operating models.
Collaboration aims to broaden availability of alternative investment strategies to wealth investors via FundsPlace platform.
Abu Dhabi-based asset manager Lunate has launched its first UCITS ETFs on Euroclear’s international platform, becoming the first Middle Eastern issuer to adopt the ICSD model.
The AED 1 billion issuance uses Euroclear’s D-FMI distributed-ledger platform, with Standard Chartered acting as joint lead manager and joint digital structurer, marking a regional milestone for digitally native debt capital markets.
Atkinson's move follows that of ex-colleague Sebastien Danloy from HSBC, who Global Custodian revealed earlier this week will join as chief business officer in September.
This milestone makes Korean government debt Euroclearable, enabling KTBs and MSBs to be settled via the Euroclearable link, which allows international investors efficient post-trade access to the market.
The new facility will be integrated within Euroclear’s tri-party platform.
The executive, formerly interim CEO, has held various positions within Euroclear and previously served as chief risk and compliance officer at the Euroclear DTCC joint initiative, DTCC-Euroclear Global Collateral.
As the second annual Leaders in Custody Asia awards draw near on 9 May, Global Custodian delves into the nominees for the Asset Servicing Partnership of the Year category – featuring BNY Mellon partnering with HKMA, DBS Bank collaborating with Euroclear, Deutsche Bank and CIMB, and a tie-up between Digital Asset and HKEX.