Tag: technology
Financial industry will need to find $100bn of unrecognised assets to meet collateral requirements
A new study found the two-way initial margin rules for non-cleared derivatives will also result in a collateral shortfall of $60 billion alone.
Northern Trust eyes increased scalability after CEO admits missing targets
Northern Trust is in the midst of a multi-year strategy of digitising its asset servicing business, with the aim to increase profitability and scale.
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.
State Street appoints new senior tech chief to support digitalisation effort
The bank has set out to become a ‘digital-first organisation’, emphasising on client experience and productivity.
PIMCO adopts OpenGamma tech service to alleviate derivatives margin pressure
PIMCO will use OpenGamma’s technology in a bid to reduce margin financing costs for derivatives trading.
Citi recruits former Northern Trust CIO to oversee securities services tech
The new role will oversee all of Citi's technology teams across the global and sub-custody businesses, as well as fund, securities and issuer services.
Industry Leaders Awards 2019: Fund Services Technology Vendor of the Year nominees
Global Custodian takes a deep dive into the nominees for its Editors’ Choice awards at this year’s Industry Leaders Awards event. Our last category is Fund Services Technology Vendor of the Year.
DTCC names new CIO to lead tech re-platforming
DTCC’s is undergoing a strategic re-platforming of its IT infrastructure and technology that supports clearing and settlement.
TMF Group selects FIS for private equity admin tech
TMF Group recently closed its acquisition of State Street's Channel Islands private equity and real estate fund administration business.