SGSS to use TCS BaNCS to power custody technology
SGSS will use the TCS BaNCS as its next-generation, multi-entity asset servicing platform in France, Germany, Ireland, Luxembourg and the UK.
Tag: asset servicing
WiAS partners with Embark to increase support for women in financial services
WiAS will receive practical support, resources and expertise from Embark to further increase their reach and impact of the group within the asset servicing industry.
New AI-powered asset servicing platform gains $12m in funding and big-name backing
FundGuard earns investment from former State Street, HSBC and JP Morgan executives bringing its capital raised to $16 million in total.
A custody world seeking a new identity enters the front-to-back era
Mandates are being won and lost on front-to-back capabilities, meaning we are likely to see more partnerships between custodians and front-office providers. What does this shift mean for the future custody landscape and what are the costs and opportunities of these moves?
BNP Paribas Securities Services reappointed by Scotiabank as pan-European custodian
Reappointment represents €3.5 billion in assets under custody and builds on BNP Paribas’ revenues increase from 2020.
Northern Trust renews asset servicing mandate with Norway’s largest life insurer
The mandate follows the launch of its new Oslo-based office, its second in the Nordic region, where it will offer onshore depositary services to buy-side firms.
State Street sets $1.5 trillion in new asset servicing wins as the benchmark for growth
State Street's CFO said the custodian would have to generate new business wins of amounting to $1.5 trillion in AUC to achieve growth.
State Street posts relatively flat Q4 asset servicing fee revenues despite AUC/A jump
Revenues from global custody and fund administration fees grew by just 0.6% to $1.3 billion for the last three months of the year.
BNY Mellon adds Amundi’s ALTO to front-to-back infrastructure
The alliances and the build-out of the OMNI platform has been a key component of BNY Mellon’s asset servicing strategy.
BNY Mellon hires duo for asset servicing business with a focus on consultant services
BNY Mellon has hired two former State Street executives to bolster its global consultancy and real estate services businesses.