Outsourcing partnerships were ranked as a relatively low priority as it is already a core part of many buy-side strategies.
Securities services firms hope to capture the relevant skills to mix with the experience of their business heads and create new solutions and services.
The new tech marks the first transformation in Europe of a CSD replacing its core legacy system.
HSBC chief executive John Flint says that following a period of restructuring the bank must get back into growth mode.
Investment into BNY Mellon’s client digital platform has become a top priority for the world's largest custody bank.
One of Bank of America's most senior global markets technologists has joined BNY Mellon as it continues to overhaul its global platform.
The deal will see collateral management, regulatory reporting and compliance products used by banks and buy-side firms added to Vermeg’s product line.
Revenues for JP Morgan's securities services business hit over $1 billion for the second consecutive quarter.
Technology, data and reporting enhancements was frequently citied as areas for improvement for service providers in Global Custodian's HFA survey.
BNY Mellon has continued its technology strategy with the appointment of former Visa CEO Charles Scharf.