The decision is an important first step for US CCPs registered with the SEC to be recognised in the European Union as it will allow the US CCPs to apply for recognition by ESMA
Denmark-based financial services company Nykredit is transferring its depositary business to BNY Mellon, enhancing their long standing alliance that has been in place since 2008
Phoenix American will fulfill the back-office operational needs of Lighthouse Life with its investor services platform featuring the STAR-XMS shareholder management/transfer agent system
It was revealed that during Q4 2020, global equity markets generated positive returns as investors welcomed the relief of further fiscal stimulus and the long-awaited approval of vaccines
Broadridge’s solution is already live and is providing Cecabank’s domestic and cross-border institutional clients with a fully automated global proxy voting service
As buy-side leaders assess how best to respond and reposition themselves amid today’s challenging market environment, it is clear that a new approach is needed to business models, investment strategies and operational processes, the report says
Northern Trust’s total assets under custody/administration totalled $14.5 trillion for Q4 2020 marking a 21 per cent year-on-year increase from its Q4 2019 results
“We have worked together with the industry to define the features of our new product and we are excited to help our clients unlock liquidity in global fixed income markets,” says Euroclear's Edwin De Pauw
State Street’s Q4 2020 results revealed investment servicing mandates announced in Q4 totalled $205 billion, with quarter-end servicing assets remaining to be installed in future periods of $436 billion