ZILO has appointed four industry figures to its board following the fintech’s successful £25 million Series A fundraise last month, including two securities services stalwarts.
Fidelity is the first asset manager to receive regulatory approval for three semi-transparent ETF products using its own proprietary proxy basket methodology.
The report suggests custodians are no long the central hub of technology for RIAs, with tech vendors now providing direct competition over data and analytics.