All post-trade derivatives operations at BNP Paribas including reconciliation and post-trade processing will be managed by FIS under 10-year agreement.
BNY Mellon will deliver transfer agency services for two Invesco fund ranges which it already provides custody and fund administration services.
After going live last year with Fidelity International as its first client on the InvestOne platform, JP Morgan has since it migrated nine Australian clients.
Just over half of sell-side firms in a recent survey said they plan to use artificial intelligence for securities finance over the next 12 months.
Asset manager becomes the first to go live on JP Morgan’s InvestOne platform in Australia and New Zealand.
State Street will leverage FIS-owned Virtus business process-as-a-service solution to provide services jointly to CLO and CDO clients in the US and Europe.
Recent expansions by retail brokers to facilitate securities lending programmes could further expand the market for institutional players.
The acquisition will provide FIS access to a range of new front-to-back office services for credit-focused alternatives fund managers.
FIS would provide Victory Capital a 24/7, real-time mutual fund processing and recordkeeping platform, as well as transfer agency services.
TMF Group recently closed its acquisition of State Street's Channel Islands private equity and real estate fund administration business.