Fiona Gallagher, global head of securities services, GTB, Deutsche Bank, tells Global Custodian what the securities services industry can learn from online retail businesses and how broader IT innovation can be harnessed to reinforce client efficiency.
Outsourcing and third-party clearing is fast emerging as an attractive solution in the Asia-Pacific region, not just for buy-side firms but also brokers and regional banks, as they look to alleviate capital and operational pressures.
Institutional clients are adopting a much more rigorous process in the selection of their service providers as the future of the financial services industry continues to be defined by the digital agenda underpinned by technology and connectivity say Louise Currie, general manager, and Anke Frankland, senior manager, network and relationship management for Nedbank Investor Services.
DTCC’s ALERT service aims to automate the exchange of standing settlement instructions (SSIs). With over 1800 institutions using the service, Moira Kiernan, director, product management, for DTCC’s Institutional Trade Processing explains the benefits of SSI automation and the optimal custodian managed workflow.
The world is watching as market infrastructures in Asia-Pacific are evolving, with some opting for radically new technologies to update their post-trade systems. The result could be a significant change to how market participants operate in the region.
In 2017, BNP Paribas Securities Services partnered with Fortia Financial Solutions to rollout its INNOVA software and automate their core depositary banking processes, signalling how banks can benefit from collaboration with FinTechs.
The global investor online survey seeks feedback regarding on-shore and cross-border collateral management services, as well as general access services to the China Interbank Bond Market (CIBM).
DTCC ALERT is a web-based global database for the maintenance and communication of account and standing settlement instructions (SSIs). Bill Meenaghan, an executive director for DTCC Product Management discusses developments in ALERT over the past year as well as in other DTCC services.
At the Global Custodian New York Awards dinner on 29 November, Maitland received an Editors’ Choice award for innovation in client experience. Global Custodian spoke with Frank Ferrara, senior client relationship manager at Maitland, about the firm’s approach to onboarding and relationship management in its private equity fund administration business.
Alternative investment managers are having to weigh up the costs of carrying out an overhaul of their internal technology to meet current regulatory and investor demands, or instead to outsource.