Northern Trust signs up $44 billion pension fund to front-to-back solution
The mandate suggests larger-sized asset owners and asset managers now see outsourced trading as a viable solution for their investment operations.
Tag: front-to-back
New hire for Citco comes as part of significant investment into middle-office business
Citco has made ‘significant strategic investment’ with the aim of providing tailored middle-office services within a wider front-to-back strategy.
New focus on large clients pays off for State Street despite pricing pressures
The improved performance in the last three months followed a renewed focus on its largest asset manager and asset owner clients.
Custody
BNY Mellon and State Street draw new battle lines for front-to-back data
A trend that defined global custody in 2019 and continues to spark debate, Global Custodian investigates the front-to-back data models of the market’s two largest providers.
US pension fund PSERS consolidates post-trade systems with SimCorp
SimCorp have signed up a growing number of North American asset owners that have adopted the platform to optimise their investment operations.
BNY Mellon signs new front-to-back partnership to expand custody data capabilities into EMEA
The partnership marks the expansion of BNY Mellon's open-architecture, partnership model with trading systems to Europe and the Middle East.
Industry Leaders Awards 2019: Securities Services Project of the Year nominees
Global Custodian takes a deep dive into the nominees for its Editors’ Choice awards at this year’s Industry Leaders Awards event. Our next category is Securities Services Project of the Year.
Custody
BNY Mellon strikes major front-office alliance to integrate custody data
Custodian follows up on BlackRock deal in April with integration of its custody and fund accounting data with most-used OMS in the market, Global Custodian can reveal.
SGSS looks to expand front-to-back service following flurry of client mandates
The French bank has onboarded eight clients across Europe onto its front-to-back outsourcing platform CrossWise.
ICYMI: Summer news round-up
The summer of 2019 featured major organisational changes at some of the top securities services providers. From prime brokerage to custody, here are the top stories from this summer.