Dutch asset manager to cut 70 jobs following JP Morgan custody mandate
The decision to outsource the majority of its back-office functions comes as asset managers face increasing pressures of running their operations teams in-house.
Tag: outsourcing
FIS looks to evolve derivatives post-trade utility
Wedbush Futures follows Barclays and Credit Suisse in outsourcing their post-trade operations to the utility.
Outsourcing market expected to reach €1.8 billion over next 10 years
Banks are looking to significantly expand the scope of outsourcing to all activities for all asset classes, new research has found.
BNY Mellon sees middle-office, ETFs as next asset servicing battleground
Custodians are seeing new demands from asset managers clients that have shifted their investment strategies to ETFs.
Linedata looks to Asian expansion with Hong Kong acquisition
Asian acquisition follows hot on the heels of US deal to widen firm’s geographic footprint.
Demands for scale and partnerships will drive further outsourcing deals
An inability to achieve scale quickly enough in-house and the need for a strategic partner are driving asset owners and insurers to outsource investment operations.
Linedata completes acquisition of tech firm Gravitas
Linedata expands its outsourced services offering with the acquisition of Gravitas.
BNP Paribas outsources derivatives trading to Fidessa
BNP Paribas has chosen Fidessa's execution platform to support its listed derivatives trading operations globally.
Global Custodian podcast: Episode 6
The Global Custodian team are joined by BNP Paribas' Alan Cameron to discuss the latest news, middle office outsourcing and the current status of T2S.