Custody

Kashif Khalid, head of Middle East and Africa, highlights the region's rapid and strategic growth, as market players and trends become increasingly sophisticated.  

This appointment sees Northern Trust delivering global custody services for Haycen’s client fiat deposits. 

With BNY appointed as the admin and Coinbase serving as the custodian for the underlying Bitcoin, the move follows the success of BlackRock’s $48 billion Bitcoin-focused fund in the US. 

Bank partners with Swiss exchange in yet another move to expand digital asset capabilities and enhance client access to Switzerland’s digital securities market. 

The Abu Dhabi-based firm appoints global service providers to support operations of its alternative end-of-service benefits fund platform.  

The mandate covers local and global custody, clearing, securities lending, AutoForex, and listed derivatives execution and clearing across European markets. 

Latest Global Custodian league table shows mixed results for the leading custodians’ AUC/A in the fourth quarter, while total annual revenue across the top providers crosses $40 billion for the first time. 

The Hillerød-based ATP will benefit from enhanced operational efficiencies, improved data integration, and streamlined asset servicing solutions tailored to its evolving needs.

Under the mandate, the two digital asset custodians will oversee the custody and management of Bitcoin collateral, offering security and operational support.  

Set to launch in April, the offering will integrate digital asset custody and settlement within Clearstream’s existing infrastructure.