The newly created operations and technology transformation office is part of the bank’s multi-year transformation strategy.
SGSS will use the TCS BaNCS as its next-generation, multi-entity asset servicing platform in France, Germany, Ireland, Luxembourg and the UK.
The French asset manager giant said its new Amundi Technology line will become a new growth driver, with a predicted revenue of €150 million within five years.
Survey shows asset managers’ views on outsourcing, operational efficiencies and securities lending following an unprecedented year of change.
Arcesium has hired the former global head of HSBC and Nomura's prime finance sales divisions to lead its expansion in Europe.
Explainable artificial intelligence model provides transparent and explainable AI-decisions in human language to help operational efficiencies and reduce manual validation.
The appointments are the latest in a series of senior leadership changes for Citi’s global securities services business.
A new study found the two-way initial margin rules for non-cleared derivatives will also result in a collateral shortfall of $60 billion alone.
Northern Trust is in the midst of a multi-year strategy of digitising its asset servicing business, with the aim to increase profitability and scale.