Europe's largest asset managers are working towards launching new and transitioning current Irish-domiciled ETFs to an ICSD settlement structure.
Credit Suisse and Societe Generale have been confirmed as the first two banks to use the Paxos Settlement Service.
A recent report suggests managers face very little time to select an alternative for Irish-issued ETFs that are still settling in a domestic model.
Alex Knight spent 18 years with Citi, most recently heading up global sales and client coverage of the bank’s FX prime brokerage.
Global Custodian looks at some of the critical issues discussed at The Network Forum Middle East Meeting in Oman earlier this week.
Project saw cash and securities tokens swapped for settlement using DLT, and tokenised cash used as collateral for margin requirements.
SWIFT's flagship gpi payments solution could become an attractive solution for addressing post-trade costs and real-time data requests in capital markets.
LGIM will be able to use the CREST investment fund services for end-to-end automation of order placement, settlement and asset servicing.
The toolkit sets out a range of operational, trading and risk processes that need to be reviewed and enhanced ahead of the incoming settlement discipline regime.