Northern Trust collaborates with TCS to enhance settlement platform
Under the tie-up, Northern Trust will integrate the TCS BaNCS global securities platform to standardise settlement processes and enhance operational efficiency.
Under the tie-up, Northern Trust will integrate the TCS BaNCS global securities platform to standardise settlement processes and enhance operational efficiency.
Implementation of performance technology is designed to provide rich performance analytics and fixed income attribution capabilities.
The transfer agency platform is supported by start-up fintech ZILO, which is looking to revolutionise global transfer agency software.
BBH custody clients will be able to gain access to MUFG’s securities lending services, market coverage and collateral flexibility.
Fund managers in Asia face regulatory hurdles, market fragmentation and data transparency challenges – especially in ESG investments – amid rapid digital transformation, said Alvin Chia, head of digital assets innovation, APAC, at Northern Trust.
Based in London, executive will support Pirum's efforts to enhance client engagement and service delivery as it continues to expand its global presence.
The collaboration aims to provide clients with improved efficiency and flexibility in managing derivatives.
From March 2025, SIX x-clear’s preferred clearing services will be available for Euronext trades, with Euronext Italy joining by Q2 2025.
The custodian will provide global custody and fund administration services, while investment operations will be supported through a tie-up with Equity Data Science.
Deal will see State Street add over $600 billion of assets across Luxembourg and the US, as Mizuho turns focus to domestic custody.