The new technology will help banks that have relied on multiple reconciliation platforms that use legacy technologies which can be up to 20 years old.
Clearstream’s current strategy has been focused on the continued rollout of its InvestorCSD, and the expansion of its investment fund services business.
Data strategies, technological challenges, and front-to-back office operating models dominated the discussions at InvestOps Europe 2019 in London.
The changes include a new global head of asset servicing for custody operations and a new global head of fund administration operations.
Citi has added three key executives to its global securities services and issuer services (SS&I) operations team.
Since joining BNY Mellon in the summer of last year, Charles Scharf has highlighted a number of new strategic goals for the bank.
Tom Carey previously led the combination of all of Broadridge’s international technology businesses into a single integrated unit earlier this year.
Deutsche Bank's GTB franchise is aiming to link its products with the wider investment bank and create synergies for North American clients.
Increasingly complicated portfolios require more third-party providers including prime brokers, swaps providers and banks, says COO.