All custody news

Archax introduces custody service for digital assets

30 January 2023 UK
Reporter: Jenna Lomax

Targeted at professional investors and institutions, the solution will provide custody services for cryptocurrencies, non-fungible tokens and digital securities, as well as traditional securities and client cash

FNZ acquires Fondsdepot bank

16 January 2023 Germany
Reporter: Lucy Carter

Sebastian Henrichs will remain in his post as Fondsdepot Bank CEO and will take on leadership of FNZ Germany

Apex partners with Unifimoney to enhance custody and wealth management services

19 December 2022 US
Reporter: Jenna Lomax

The mandate will allow community banks’ and credit unions’ account holders access to Apex Clearing Corporation’s digital clearing and custody engine and Unifimoney’s turnkey digital wealth management platform

Ramsey Crookall selects Clearstream’s Vestima to enhance custody services

13 December 2022 Luxembourg
Reporter: Carmella Haswell

Investment solution firm Ramsey Crookall has chosen Clearstream’s Vestima platform to manage execution, settlement and safekeeping of its investment fund assets

Sanlam Private Wealth picks Citi for custody services

26 October 2022 South Africa
Reporter: Jenna Lomax

South Africa-based wealth manager Sanlam Private Wealth has selected Citi Securities Services for execution, cash and custody services for non-domestic client securities

SIX expands Spanish offerings

11 October 2022 Spain
Reporter: Lucy Carter

SIX has announced that it will provide Spanish securities clients with direct market access to Iberclear, the Spanish Central Securities Deposit

State Street selects FundGuard’s accounting solution

07 October 2022 US
Reporter: Lucy Carter

FundGuard’s solution will allow for straight through processing, from portfolio management to trading in the Charles River Investment Management Solution, as well as custody and administration services

SEC charges investment advisors with Custody Rule violations

09 September 2022 US
Reporter: Jenna Lomax

Without admitting or denying the findings, the firms agreed to be censured, to cease and desist from violating their respective charged provisions, and to pay civil penalties, collectively totalling more than $1 million