Custodians are now more willing to use the third-party front- and middle-office platform of their client’s choice for large asset servicing deals.
Tag: State Street
State Street has appointed LAB Group to automate and enhance the client onboarding experience for Australian fund manager clients.
The appointment aims to co-ordinate State Street's EMEA offering with its broader global strategy for alternatives investment manager clients.
BNY Mellon's former global head of operations will now be responsible for State Street's custody, middle-office, transfer agency and client service operations.
The former State Street executive will also serve as BNY Mellon's head of international sales to oversee its international business development activities
The custodian said the Fund Connect ETF platform will now be open to support all ETF issuers regardless of their service provider.
The new capability is the next step in State Street’s goal to encourage buy-side clients sto participate in peer-to-peer trading activities in the securities finance market.
The VanEck Bitcoin Trust is one of the most hotly anticipated crypto-tracking ETFs following several attempts by the investment manager to launch the fund.
The former JP Morgan and State Street securities services veteran has retired after 32 years in the Australian asset servicing industry.
State Street’s Luxembourg branch will take on the activities previously carried out by its subsidiary Fideuram Bank Luxembourg, accounting for approximately €42 billion of assets.