HSBC Securities Services relocates broker outsourcing head to lead Asia-Pacific
The appointment rounds off the global restructuring of HSBC's securities services leadership, following the appointment of two new global co-heads for the business.
Tag: outsourcing
“It is outsourcing on steroids” – Northern Trust launches outsourcing trading service
The move is the latest effort by custodians to expand into the front-office; however, Northern Trust is the first to take on certain trading activities for asset managers.
German asset manager picks SGSS for full outsourcing model
CrossWise was launched earlier this year for asset managers to optimise their operating model by combining its front and back-office services.
HSBC reshuffles Americas securities services management
HSBC's former head of Americas securities services has relocated to London to focus on its banks and broker-dealer clients.
Downsized cap intro teams lead to the rise of new players
Seasoned veterans are leaving capital introduction roles leading to questions over whether it is a sustainable business or just a value-add. Joe Parsons investigates whether new players are stepping in to fill the void.
Hermes Investment Management extends Northern Trust mandate to the middle-office
Middle-office outsourcing has been highlighted as one of the most preferred methods to cut costs at asset management firms
Credit Agricole outsources listed derivatives operations to asset servicing arm
CACEIS will also act as the main listed derivatives clearer for the French investment bank.
Liontrust to consolidate outsourced fund services to BNY Mellon
The UK asset manager will consolidate its asset servicing relationships for its UK and Ireland fund ranges and use BNY Mellon as its sole outsourcing provider.
SGSS wins first French client for front-to-back outsourcing platform
CrossWise was launched at the end of April to enable asset managers and banks/broker-dealers to outsource as many services as needed
Mounting pressures for asset managers to accelerate outsourcing
New product launches, technological challenges and cost pressures will all accelerate outsourcing according to BNP Paribas’ asset management head.