Northern Trust strengthens North American fund services team with additions from BBH and Invesco
Appointed duo will bring 45 years’ worth of combined fund services experience to the unit.
Appointed duo will bring 45 years’ worth of combined fund services experience to the unit.
Newly created role will oversee the development of multiple product solutions, including emerging opportunities around digital assets and ESG.
Decrease driven by a 12% fall in custody and fund administration revenues.
The trial explored issuance, delivery versus payment, and redemption processes to support a tokenised asset market.
Among the new appointments are several promotions from within the firm, as Northern Trust looks to strengthen its global capital markets business.
According to the survey, remote working environments, technology limitations and cybersecurity concerns were among the top reasons to outsource.
New appointment will lead the strategic development of the bank’s asset servicing business in the Kingdom.
Partnership will enable analysis of distribution, providing clients with access to information to inform their sales strategy and help them to meet regulatory requirements.
Custodians join 24 other European wholesale banking groups on AFME’s governing body.
As Global Custodian previews its upcoming Leaders in Custody awards on 4 May, we look at the nominees for Digital Assets Initiative of the Year, a new and coveted category.