Despite a year of consultation on tweaking the mechanism or significantly increasing penalty rates, European watchdog confirms only a ‘moderate’ increase will occur after considering industry feedback.
Developed in partnership with CloudMargin the enhanced solution aims to offer advanced service capabilities, improved transparency through real-time insights, and platform resilience.
Sponsored message from Swift
An eventful 12 months have seen the industry make great strides in its efforts to create a regulated digital asset ecosystem for traditional market participants. Here, Jack Pouderoyen, who leads digital asset innovation for Swift, discusses the progress being made in scaling the tokenised securities market, and how Swift is working with its community to facilitate interoperability and turn these ambitions into reality.
The enhancements to the integrated solution were implemented in collaboration with BlackRock’s Aladdin platform and BNY, while the integration also includes an enhanced middle-office operating model with the custody giant.
Executive, who previously worked within the custody unit, has transitioned to a new role within U.S. Bank.
The office will be one of three US locations for the custodian, along with Chicago and Tempe, Arizona.
AccessFintech's head of client experience, Pardeep Cassells, discusses the UK’s unique challenges in transitioning to T+1 settlement, emphasising the need for automation and regional coordination to mitigate operational risks.
Experienced Euroclear executive will succeed James Pike, who has been serving as interim CEO.
As CSD, Euroclear will work closely with the government to explore design choices, following similar initiatives in other jurisdictions.
The Global Custodian Directory is a single access point to leading Service Providers.
Sam Riley, chief executive of Clearstream securities services, discusses the potential impact of a digital euro, the consolidation of central securities depositories (CSDs), and how evolving investor expectations are reshaping the securities services sector.
The engagement with Fiji's sole compulsory superannuation fund marks an expansion of Northern Trust's footprint in the Asia Pacific region.
This extension of CollateralConnect aims to help mutual clients optimise their collateral usage.
The latest funding milestone, coupled with a new executive appointment, underscores SSImple's strategic expansion goals.
To further accommodate the switch to a shortened settlement cycle, the custodian also made two enhancements to its ETF service model.
The asset servicer has launched a new entity in the region to meet the growing demand for alternative investments in Japan.
The joint collateral optimisation service is set to launch in the first quarter of 2025.