PNC to use SS&C tech to power accounting and operations
The US insurance company giant has adopted the SS&C SmartSource platform to manage the middle- and back-office for three of its insurance companies.
Tag: Back office
Dutch insurer Lifetri outsources middle- and back-office to CACEIS
The mandate will also enable Lifetri to continuously monitor its investments with an integrated view on all internally and externally managed portfolios.
Analogue service in a digital world
In its latest annual survey of the asset management industry, Deloitte drew a rather worrying conclusion for asset servicing providers, warning that when it comes to digitisation, asset servicers are not cutting the mustard. So what are service providers doing in response?
BBH survey shows asset management worries, priorities and strategies after turbulent year
Survey shows asset managers’ views on outsourcing, operational efficiencies and securities lending following an unprecedented year of change.
Custody
Northern Trust signs alliance with BlackRock as part of a new ‘whole office’ strategy
Chicago-headquartered custodian has created a service to cover all points of the investment lifecycle with landmark BlackRock partnership becoming a key component of the plan.
BNY Mellon and State Street shed light into back-office pressures from COVID-19 pandemic
According to the two global custodians, both had reported a rise of at least 50% in back-office transactions in March verses the first two months of the year.
State Street launches digital asset pilot with crypto custodian Gemini
The pilot will perform reporting scenarios on a user’s crypto currency holdings with Gemini Custody, and can be adapted to report on holdings of security tokens.
Broadridge launches artificial intelligence platform for middle- and back-office operations
The new technology will help banks that have relied on multiple reconciliation platforms that use legacy technologies which can be up to 20 years old.
BlackRock and Vanguard discuss the future of operations teams within asset managers
Asset managers are looking to train their teams across the front-, middle- and back-office in order to give them a full end-to-end picture of the investment process.
Northern Trust launches new web-based client dashboards
New client dashboards to provide greater transparency into workflows and metrics.