Ageing legacy systems creating $2m opportunity for firms in driving back-office transformation
New report highlights major growth opportunities for brokers and banks with over 25% of back- office systems more than 20 years old.
Tag: technology
Global Custodian reveals full list of Leaders in Custody Award winners
BNP Paribas Securities Services, BNY Mellon and JP Morgan win big during week of celebrations recognising the outstanding achievements of the securities services industry over the past 12 months.
Custody
Fireside Friday with… Citi’s Christopher Cox
Citi has made a number of strategic moves to transform client services and its operational framework. Christopher Cox, global head of data, digitalisation and strategic projects and head of securities services for EMEA at Citi, explains to Global Custodian the experience of these transformative projects.
Citi hires former BNY Mellon tech chief to lead transformation effort
The newly created operations and technology transformation office is part of the bank’s multi-year transformation strategy.
SGSS to use TCS BaNCS to power custody technology
SGSS will use the TCS BaNCS as its next-generation, multi-entity asset servicing platform in France, Germany, Ireland, Luxembourg and the UK.
Amundi launches front-to-back cloud-based technology line
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.
BBH survey shows asset management worries, priorities and strategies after turbulent year
Survey shows asset managers’ views on outsourcing, operational efficiencies and securities lending following an unprecedented year of change.
Post-trade tech vendor Arcesium expands into Europe with new London office
Arcesium has hired the former global head of HSBC and Nomura's prime finance sales divisions to lead its expansion in Europe.
Temenos launches SaaS Explainable AI model for custodians and fund administrators
Explainable artificial intelligence model provides transparent and explainable AI-decisions in human language to help operational efficiencies and reduce manual validation.
Citi combines securities services operations and technology leadership
The appointments are the latest in a series of senior leadership changes for Citi’s global securities services business.