DBS Bank selects Euroclear platform for entire suite of investment funds
The ICSD will provide a solution for all of DBS Bank’s fund assets for trading, custody and distribution services.
The ICSD will provide a solution for all of DBS Bank’s fund assets for trading, custody and distribution services.
Service connects fund distributors directly with asset managers via the Clearstream Fund Services ecosystem.
Geography and asset diversification are seen as the way to remain competitive in a more complex market.
Firm also announces two new strategic hires to spearhead local commercial initiatives.
JP Morgan’s global head of fund services, Suryanshu Mishra, discusses the growing role of technology in the fund services space and how evolving client needs are shaping the firm’s strategy.
Firm buys Link Fund Solutions (Luxembourg) from Link Group.
Ongoing survey by Calastone and Global Custodian so far suggests cost savings are a major driver.