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HSBC names Kerr as global head of funds and trustee services
07 May 2024
Hong Kong Reporter Jack McRae

Kerr will be based in Hong Kong and report to Fiona Horsewill, HSBC’s global head of Securities Services.

Charles River Development appoints Baht as head of APAC
07 May 2024
Singapore Reporter Klea Neza

Vinayak Baht will be responsible for all business oversight within the region and collaboration with State Street Alpha

Ocorian launches automated AML module
07 May 2024
UK Reporter Klea Neza

The new automated anti-money laundering module allows clients to do their entire onboarding in one place, the company says

AYA Bank goes live with SmartStream’s digital payments solution
07 May 2024
UK Reporter Klea Neza

SmartStream’s TLM Reconciliations Premium Digital Payments Control aims to streamline various tasks including reconciliations, settlement, fee computation, and dispute resolution

Guernsey Finance opens office in London
03 May 2024
UK Reporter Klea Neza

The office in Petty France aims to provide the team with a base during the UK’s General Election year in an effort to ensure that the contribution made by Guernsey to the UK economy is recognised

Petra hires Goldberg as chief talent officer
02 May 2024
New York Reporter Jack McRae

In this role he will be responsible for attracting new employees and enhancing existing employee engagement for the fund administration provider

AccessFintech joins BNY Mellon to address FX workflow challenges ahead of T+1 settlement regulations
01 May 2024
UK Reporter Klea Neza

Clients based on AccessFintech’s network will be able to instruct BNY Mellon to broker FX transactions based on these ‘predicted to settle’ insights before the end of the US trading day

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Latest issue 340
Issue archive
Inside this issue

Asset servicing news round-up.

In this issue of Asset Servicing Times, Joseph Latini, chief commercial officer at MUFG Investor Services, speaks about his love for his work, clients and trusting the process.

Elsewhere, Klea Neza explores the Nordic markets and how they have responded to setbacks.

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Interviews
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Alex Smyth
Oakbridge

Alex Smyth, director of funds at Oakbridge, speaks to Asset Servicing Times about the challenges facing private equity fund administration and why Jersey is an ideal jurisdiction

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Daniel Ginsburg
WTax

John Savage speaks to Daniel Ginsburg, CEO of WTax, about the custody markets, the company’s future and regulation in the industry

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Dean Little
Proxymity

After winning the Best Asset Servicing Technology award at this year’s AST Industry Excellence Awards, Proxymity’s Dean Little shares the firm’s latest digital proxy voting solution, Vote Connect Global

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Lelanie Marais and Julia Bricker
WTax

WTax’s Lelanie Marais and Julia Bricker discuss the obstacles and fortuity of the WHT landscape, and what the FASTER directive will mean for European participants in particular

Features
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Editor's pick
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Putting a regulatory structure on sustainable finance

CACEIS’ Pat Sharman and Matthew Ives provide a summary of their consultation with asset managers and host ACDs on the UK’s Sustainability Disclosure Requirements

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Innovation is key

Jack McRae speaks to a number of European fund administrators on how they are addressing some of the challenges facing the industry

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The unintentional consequences of investor protection

Stephen Isgar, head of network management for the Americas at RBC Investor Services, considers the potential for added cost and risk related to enhancing investor protection

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Country profiles
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Channel Islands

Lucy Carter takes a look at how the Channel Islands have fared after a globally challenging year, and what the jurisdictions are doing to prepare for the future of financial services

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India

The Indian custody market embraced last year’s switch to T+1 and, according to three of the nation’s leading custodians, there is cause for more optimism

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India

Brian Bollen discusses India’s move to T+1 and its growing custody and funds landscape

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Guernsey

Guernsey has long been a popular destination for financial services companies to domicile funds, attract clients and conduct operations — something that looks set to continue

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