Global Custodian takes a deep dive into the nominees for its Editors’ Choice awards at this year’s Leaders in Custody event. Our final category is Best Securities Services Technology Provider.
A number of custodians and fund administrators have targeted the front-office as a new growth opportunity and expand from its traditional back-office services model.
The new business builds on agreements it signed with KAS Bank and Societe Generale Securities Services to use SimCorp Dimension for their custody services.
The move is likely the first personal hire by Dan Houlihan in his new role running Northern Trust’s Americas asset servicing business.