Recent studies have shown buy-side firms, particularly hedge funds, are expanding their outsourcing options to include middle-office and certain trading functions
Survey shows asset managers’ views on outsourcing, operational efficiencies and securities lending following an unprecedented year of change.
Standard Life Aberdeen acted as the anchor client for the new client reporting solution, as Citi continues to bolster its middle-office offering.
The partnership with Calypso will enhance Apex’s ability to provide independent middle and back-office services to clients.
The dual mandate expands U.S. Bank’s current service offering with Carlyle, which manages more than $25 billion in CLOs domestically and in Europe.
JP Morgan has now moved up to number two in the global custody rankings with just under $27 trillion of assets under custody.
The new platform encompasses the capabilities previously aligned with BNY Mellon’s middle-office solutions with a new set of modular data services
Citco has made ‘significant strategic investment’ with the aim of providing tailored middle-office services within a wider front-to-back strategy.
The appointment is the latest in a string of moves by Citi to upgrade its middle-office platform for asset managers.