The mandate follows the recent enhancement of UMB Institutional Custody’s trading platform capabilities by adding Broadridge’s Matrix Financial Solutions.
Tag: mutual funds
State Street has been appointed the securities lending agent for four Nuveen mutual funds with assets of over $4 billion.
Offered through UMB Bank’s Institutional Custody division, the firm will provide custody and fund accounting to Pear Tree’s six funds with AuM of nearly $5 billion.
With some of the world's largest ETF issuers launching new semi-transparent products, custodians and fund administrators are in a unique opportunity to bridge the gap between the active and passive investment community.
MFEX recruits BNP Paribas' former FinTech expert who led many of their start-up collaborations in the funds distribution space.
FIS would provide Victory Capital a 24/7, real-time mutual fund processing and recordkeeping platform, as well as transfer agency services.
The new mandate resulted in the transfer of 53 mutual funds and ETFs to Citi, following a recent acquisition from client Victory Capital.
SS&C has reported 20 of its largest clients have outsourced some or all of their operational functions to the tech giant over the past two years.
Interest in Greater China ETF grows but investors await international access schemes.
The solution is currently being used by a number of clients including a tier-one global investment manager.