Italian asset manager ANIMA to leverage key elements of State Street Alpha
State Street will provide front-office technology and back-office administration services relating to €24 billion of retail and institutional funds managed by ANIMA.
State Street will provide front-office technology and back-office administration services relating to €24 billion of retail and institutional funds managed by ANIMA.
The move comes as custodians review their legacy technology platforms in order to cater for the many nuances and complexities inherent in private markets.
State Street reported two new Alpha deals, including LGIM and Invesco, as well as five Alpha client mandates that went live at the end of the second quarter.
RiverNorth Capital Management extends agreement with SS&C for front-to-back services.
In day two of Global Custodian’s Leaders in Custody Week, industry experts explained how ETF servicers are filling an important role to facilitate innovation.
New York-based Hurricane Capital Advisors expects to carry 10 portfolio managers onto the SS&C platform by July.
The integration aims to tackle costly fragmented investment and post-trade processes that contribute to operational risks such as high settlement trade fails.
BNP Paribas Securities Services has been one of the most active banks in establishing partnerships with FinTechs and other third-party providers. Alvaro Camunas, head of client development at BNP Paribas Securities Services, explains to Global Custodians the motives behind these recent moves.
$1.4 trillion asset manager agrees to use State Street’s front-to-back asset servicing platform as the custodian announces Q1 revenues.
Following the launch of its own front-to-back office solution, Amundi’s chief operating officer says the relationship between the asset manager and custodians will be one of competition and cooperation.