Fireside Friday with… State Street’s Jason Rich
This week’s fund services round-up features SS&C, TMF Group, Apex Group, Ultimus, Waystone, Trident Trust and Alter Domus.
Executive returns to JP Morgan after three years as founder and CTO of AI and data firm Declarative Data, following more than 15 years at Morgan Stanley.
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UK Accelerated Settlement Taskforce chair Andrew Douglas says the UK’s second-mover advantage should not lead firms to underestimate the work required, as T+1 is increasingly being viewed as an opportunity to redesign the back office.
The $200 million issuance marks a further step towards integrating distributed ledger technology with established capital markets infrastructure.
Expanded global mandate will see the asset management firm receive custody, depositary, fund accounting and transfer agency services for new fund.
Executive brings more than two decades of experience across securities lending, equity finance and prime services, including roles at HSBC, Citi, Goldman Sachs and Deutsche Bank.
Executive joined the fintech from BNP Paribas, where she spent almost a decade in trade management, third-party relationships and middle-office operations.
‘Standing still simply isn’t an option,’ says Citi’s head of investor services, as bank prepares for hybrid future.
Executive joins HSBC from New Forests, having previously spent more than 11 years at Citi.
Executive joins from FTSE Russell, an LSEG business, and previously held senior roles at Invesco EMEA, BlackRock and Bank of America.
Australian assets under custody surged 7.9% in the first half of 2026, as investors continued to increase allocations to overseas markets.
Expanded mandate adds full IBOR, trade management and performance services as Citi broadens its role on BlackRock’s Aladdin platform.
The bank strengthens its role as a key bridge between China and Europe, following its designation as the region’s first foreign RMB clearing bank by the People’s Bank of China.
Reappointment covers global custody, investment operations and derivatives outsourcing for the UK pension scheme and its fiduciary manager.
The Canadian bank will use Multifonds to consolidate fund accounting operations, automate ETF workflows and support rising product complexity and demand.