Digitalisation, new technologies and cyber threats are atop the list of challenges and opportunities for network managers who are facing a major turning point in the their roles.
Tag: RBC I&TS
The service uses BestX technology to provide RBC I&TS clients with FX TCA reporting to assess the execution quality of their currency overlay services transactions.
The move follows its acquisition of RBC’s Australian custody business back in March.
Two trade unions said staff were notified by RBC I&TS CEO confirming plans of a new wave of layoffs for the Luxembourg site.
Former RBC I&TS, Northern Trust and Natwest Trustee and Depositary Services veteran to step down.
RBC I&TS names new global head of network management to its ranks.
RBC I&TS will provide custody and investment administration services for the Presima Yield Fund.
The decision to sell the business comes as RBC I&TS shifts its Asian strategy to focus on core markets and products.
By taking over RBC’s Australian client-base, Citi will become the second largest custodian in the country, behind JP Morgan.
New and disruptive technologies are causing a fundamental shift in mindset towards approaching legacy systems as custodians look to think outside the box.