THOUGHT LEADERSHIP

The Institutional Standard

A roster of new clients, talent acquisitions and the cementing of its technology as the institutional standard for digital asset services, Metaco has had a stellar 12 months, with the best still yet to come.

Elevating Excellence

Ee Fong Soh, group head, securities & fiduciary services at DBS Bank, details the excellent work being done by the bank that earned it three awards across Global Custodian’s London and Singapore gala events this year.

Shorter settlements force firms to reorganise their operations

Increasingly, markets are either adopting T+1 for equity trade settlements, or at least consulting with the wider industry about introducing it, with experts arguing such a move will help reduce risk and costs for trading counterparties. Nonetheless, this pivot away from the T+2 settlement cycle will require banks and brokers to invest heavily into updating their operational processes. SIX looks at the impact which shorter settlements could have on the financial services industry.

Private credit funds: Challenges and opportunities

Changes in the mainstream lending landscape and the market’s less volatile nature drive more fund managers toward the private credit space. Preqin recently estimated the market’s growth rate is accelerating to 17.4% annually, with private debt becoming the second largest private capital asset class in 2023. Global Custodian sits down with Bhagesh Malde, global head of SS&C’s fund servicing unit, SS&C GlobeOp, and Karen Geiger, SS&C’s alternatives technology leader and co-head of SS&C Advent, to discuss opportunities and challenges in the market and how the firm’s private credit offering is standing out from the competition.

Maintaining efficiency in a growing market

S. Uma Shanmukhi, MD & CEO, SBI-SG, discusses the growth of the Indian capital market and the company’s strategies to service the same.

T+1: How ready are you really?

There are many unknowns ahead in the journey to T+1 in the US, but along the way there are preparedness milestones to hit, crucial areas of engagement, and systems to put in place as the industry faces up to challenges in achieving overall readiness for this critical yet seismic change, says David Kirby, head of the securities post-trade optimisation practice at DTCC Consulting Services.

WTax and Cecabank sign collaboration agreement to digitise tax reclaims and enhance end-investor tax recovery yields

The collaboration extends the value chain for fund managers depositing with Cecabank and provides them with a unique competitive advantage in protecting the interests of their unitholders.

The alliance transforms the processing of tax refunds through end-to-end digitisation, increases efficiencies, and heightens the proactive and expedited recovery of all eligible withholding tax on foreign investments for investment funds and pension funds.

Industry Leaders Spotlight

Private Equity Fund Administration, Client Service – SS&C

Navigating the private capital fund lifecycle

In partnership with CSC, Global Custodian hosted a webinar alongside industry experts to discuss how funds can prepare for growth by considering their vendor ecosystem across the fund lifecycle; and how fund service providers can support their long-term views on growth plans and help them navigate global jurisdictional and regulatory landscapes.