BNY Mellon selected as technology partner for $65 billion Australian Super fund
Asset owners have increased demands for technology solutions and near real-time data to support their in-house active investment operations.
Asset owners have increased demands for technology solutions and near real-time data to support their in-house active investment operations.
JP Morgan continues to cement status as largest asset servicer in Australia with key extension of AUD$12 billion super fund.
The Japanese pension fund giant has halted securities lending from its foreign equity portfolio citing a lack of transparency over the process.
The new appointments reflect HSBC’s growth ambitions to expand the division that caters to its buy-side clients.
The Chicago-based custodian provides asset servicing solutions to over 260 UK pension funds with collectively more than £600 billion in AUC.
The Middle East has been a recent point of focus for State Street’s EMEA strategy, having opened a new office in Abu Dhabi in September last year.
State Street hires 25-year asset owner veteran from BNY Mellon to oversee relationship management with largest US pension funds and insurance companies.
The partnership incorporates the Solovis analytics application to manage data and traditional accounting book of records with alternatives asset data.
Northern Trust is six months in to the launch of its custody-agnostic front-office solutions business, led by a former client of the Chicago-based bank.
The front office solutions business went live in February this year to meet the growing investment, operational and technological needs of its larger asset owner clients.