Investment targets improvements in SSI data quality, governance and automation across post-trade workflows.
Growth in assets under custody and administration (AUC/A), alongside new client mandates and expanded ETF servicing capabilities, helped drive a strong second quarter for Citi’s securities services business.
Sponsored message from Dovetail
Dovetail’s founders, Dev Sampat, Mahesh Shekdar and Vivek Singhania, identified an opportunity in India’s financial ecosystem and aims to offer a conflict-free, technology-driven asset servicing alternative.
Higher market levels, client activity and deposit balances extend the custodian's year-on-year growth streak to 15 quarters.
Experienced executive joins with over 25 years’ senior experience in the financial services space, including stints at Citi and Northern Trust.
This week’s fund services round-up features IQ-EQ, Apex Group, Alchelyst, SEI, Aztec, FundBank, Finbourne Technology and Bunch.
Marketnode supported the transaction as tokenisation agent and digital paying agent.
Bimal Kadikar, founder & CEO of Transcend, discusses the firm’s recent Series B investment with 7RIDGE, its expansion into collateral, liquidity and tokenised markets, and how it is building infrastructure to bridge traditional and digital financial ecosystems through optimisation, interoperability and AI-driven capabilities.
Executive joins the asset servicer after nearly two decades at JP Morgan, where he held senior alternatives and securities services roles.
The Global Custodian Directory is a single access point to leading Service Providers.
Riyadh-based entity will support the bank’s regional management and operations across the Middle East.
New capability will support settlement of tokenised investment transactions using regulated digital cash.
Proposed acquisition would see Euroclear acquire the service provider from BNP Paribas and CACEIS.
New service extends the bank's fixed income prime brokerage platform to European government bond markets.
New branch will serve as the firm's regional hub for asset servicing across Sweden, Norway, Finland and Denmark.
Asset servicer will provide custody, administration and depositary services for Invesco Markets V ICAV.