Asset managers may consider in-sourcing some client-facing functions as a result of their disappointment in their service provider's digital capabilities.
Tag: transfer agency
The new Data Mesh platform consolidates data across 200 of HSBC's securities services systems into one platform and will power new data products and services.
The service is supported by a new Edinburgh-based operation managing its back-office processing function.
The global fund administrator has partnered with New York-based FinTech firm Triple Point to provide an integrated registrar and transfer agency platform.
As part of the five-year partnership, BNP Paribas will continue to provide AXA with global custody, depositary bank, and transfer agency across Europe.
FIS would provide Victory Capital a 24/7, real-time mutual fund processing and recordkeeping platform, as well as transfer agency services.
BNP Paribas Securities Services will use Allfunds as its preferred fund distribution platform, with the French bank taking a 22.5% stake.
Northern Trust has hired Calastone's former head of product development lead the implementation of Matrix across fund services.
SS&C helped the UK asset manager giant consolidate and standardise its investor servicing across the combined Aberdeen and Standard Life global operations.
The new dealing services will enable distribution of Irish UCITS ETFs to the Asia-Pacific and Latin America regions.