Expanded mandate includes full asset servicing, FX support and access to BNY’s ETF platform, representing a major win for BNY in the ETF servicing space.
Standard Chartered backs rollout as ChinaAMC introduces world’s first RMB-denominated tokenised money market fund alongside USD and HKD products.
Assets under custody and administration rises to €17.2 trillion, with new mandates supporting the continued momentum.
The initiative uses blockchain to mirror fund ownership records, with institutional subscriptions processed through BNY's LiquidityDirect and Digital Assets platforms.
Deal comes amid a strong run of business for the custodian in the US asset owner segment, with the transition of STO’s assets from Citi completed on 18 July.
Alternatives AUA approaching $1 trillion, while the firm’s outsourced trading business sees 30% growth.
Democratic senator raises antitrust and systemic risk concerns in letter to BNY CEO, Robin Vince, over reported custody bank tie-up.
Gordian currently holds approximately $17 billion of assets under management; institutional investors make up the majority of the firm’s client base.
Quick takes and thoughts from WSJ story that BNY spoke with Northern Trust about a merger and is considering its next steps.
The Global Custodian Directory is a single access point to leading Service Providers.
Former BlackRock and SimCorp executives strengthen asset owner coverage across key EMEA markets.
Executive worked at BNY for 32 years before joining State Street in 2021 as head of global delivery.
The new redesign is expected to provide a consolidated settlement model to enhance risk mitigation, operational efficiency and liquidity; LCH ForexClear is the first CCP to go live on the platform.
Global head of strategy and mergers and acquisitions continues her role and accepts additional responsibility as head of consultancy at State Street.
Landmark deal to integrate Calastone into SS&C’s global investor and distribution solutions division, advancing automation and cross-border fund connectivity.
Sanctioned Russian assets continue to weigh on the market infrastructure provider, with unfavourable rulings expected in Russian courts.
Exit follows a decades-long career in network management at Credit Suisse.