Fund manager giants prepare to migrate ETFs to ICSD model
Europe's largest asset managers are working towards launching new and transitioning current Irish-domiciled ETFs to an ICSD settlement structure.
Tag: Ireland
Irish ETF issuers face race to move to ICSD model
A recent report suggests managers face very little time to select an alternative for Irish-issued ETFs that are still settling in a domestic model.
GSAM appoints BNY Mellon as European ETF asset servicing provider
BNY Mellon will provide custody and fund accounting services for Goldman Sachs Asset Management's first European ETF.
Apex obtains regulatory approval for Irish subsidiary
The subsidiary will offer independent banking, depositary and custody services to institutional investors and asset managers
Blockchain vendor R3 to launch new office in Dublin following expansion plans
Dublin will be R3’s second European office and is set to open in 2020 as part of the vendor’s rapid expansion plans.
Hermes appoints Northern Trust for FX Solutions in Ireland
Northern Trust’s extends deal with Hermes to cover FX currency management services for its Irish fund range.
Euroclear UK and Ireland appoints interim CEO
Euroclear has named the chief compliance officer of its joint venture with DTCC as interim CEO.
Fund processing automation rates reach new levels, finds EFAMA research
The 29 transfer agents from Ireland and Luxembourg that participated in the survey processed a combined total volume of orders of 39 million last year.
JP Morgan’s Irish fund admin business fined for outsourcing breaches
The fine by the Central Bank of Ireland represented its first against a fund administration firm in relation to outsourcing failures.
Intertrust’s growth ambitions shining through with global head of funds hire from Citi
Former Citi and JP Morgan fund services head joins rapidly-growing team at Intertrust.