The artificial intelligence contracting platform will improve client experience as part of the bank’s digital innovation focus.
Significant cost pressures have been a driving force behind innovation, and custodians are planning to devote a greater proportion of revenues to innovation investment.
GC Legend and recent recipient of the Lifetime Achievement Award, Penny Biggs, announced her retirement from Northern Trust as she moves onto pastures new.
Research from Broadridge asked CEOs from Fortune 1000 companies how they are discovering and implementing emerging technologies.
The head of BNP Paribas Securities Services' innovation lab, who led many of its FinTech collaborations, has departed after 12 years with the French custodian.
BNY Mellon has recruited some of the top tech and innovation experts over recent months as it looks to explore and launch new digital and data opportunities.
HSS's innovation function involved exploring new partnerships with FinTechs and researching the use of new technologies.