Northern Trust selected as custodian for €2.3bn Dutch pension scheme
POB is a public sector scheme dedicated to the library sector in the Netherlands with approximately 25,000 members.
POB is a public sector scheme dedicated to the library sector in the Netherlands with approximately 25,000 members.
Asia-Pacific is perhaps the most diverse region in the world, providing both opportunities and challenges to institutions operating there. Here, Northern Trust’s head of APAC, Angelo Calvitto, discusses the current landscape and the custodian’s work in the region.
Mutual clients will benefit from a more standardised data transfer process.
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.