BNY Mellon to acquire fund technology provider Milestone Group
Acquisition of investment automation and NAV oversight calculation solutions provider will bolster BNY Mellon’s digital capabilities, the asset servicer said.
Acquisition of investment automation and NAV oversight calculation solutions provider will bolster BNY Mellon’s digital capabilities, the asset servicer said.
The partnership comes as custodians turn to FinTechs and other technology providers to transform and automate unstructured data in the alternatives markets.
Day Three of Global Custodian’s Leaders in Custody Week showcased a panel discussion on this growing trend, exploring the factors shaping these partnerships and how they can be sustained.
The funding round comes three months after Citi was appointed by BondEvalue as the custodian for the underlying bonds traded on its platform as tokenised assets.
Inaugural class of Connectors introduces BBH clients to third-party services including ESG data management, AI services, accounting and reporting, and recovery services.
“Time is a finite and precious commodity,” says BNY Mellon as it looks to expedite client onboarding process through Saphyre partnership.
A rundown of what to expect from Leaders in Custody week, how to access, how to get involved, what’s on and trailers for each of the daily headline features.
Citi has made a number of strategic moves to transform client services and its operational framework. Christopher Cox, global head of data, digitalisation and strategic projects and head of securities services for EMEA at Citi, explains to Global Custodian the experience of these transformative projects.
Deutsche Bank and STACS were able to remodel and optimise the workflows involved to create a ‘bond in a box’ DLT platform.
The collaboration will enable BNY Mellon’s clients to access FRT’s suite of class action solutions, including non-US and antitrust litigation.