DWS and BNP Paribas decide against fund services agreement 22 January 2019 London Reporter: Jenna Lomax BNP Paribas Securities Services and DWS have jointly decided not to proceed with a fund administration agreement
ING signs Corda Enterprise deal with R3 22 January 2019 London Reporter: Maddie Saghir ING Bank has signed a five year deal with enterprise software firm R3 for an unlimited number of Corda Enterprise licences
State Street cuts 1,500 senior management jobs, Q4 results released 18 January 2019 London Reporter: Maddie Saghir State Street has cut 15 percent of its workforce, approximately 1,500 jobs as the bank releases its Q4 results
BNY Mellon sees slight drop in asset servicing figures 17 January 2019 London Reporter: Jenna Lomax Asset servicing at BNY Mellon was down a quarter for Q4 2018, the bank revealed in its Q4 results
CSC extends fund administration reach into Asia Pacific 16 January 2019 Delaware Reporter: Jenna Lomax CSC has extended their private equity and real estate fund administration services into Asia
BIS updates minimum capital requirements for market risk 15 January 2019 Basel Reporter: Jenna Lomax The Basel Committee on Banking Supervision has updated its minimum capital requirements for market risk, which replaces an earlier version of the standard as published in January 2016
Vontobel offers new custody solution for digital assets 15 January 2019 Zurich Reporter: Jenna Lomax Vontobel is now offering wealth managers in Switzerland an end-to-end service for digital assets, Digital Asset Vault
Temenos collaborates with Bloomberg 14 January 2019 Geneva Reporter: Maddie Saghir The offering allows asset managers to generate NAV estimates independent of and in parallel to their fund administrators
RBC IT&S appointed depositary of AMOAI 14 January 2019 Tokyo Reporter: Jenna Lomax RBC Investor & Treasury Services has been appointed depositary of Asset Management One Alternative Investments
SANNE opens new Tokyo office 11 January 2019 Tokyo Reporter: Jenna Lomax SANNE’s Tokyo office will be operational from the start of 2019
FCA: UK custody market working well 11 January 2019 London Reporter: Jenna Lomax The UK custody market is working well in pricing bundled services, despite the small number of providers, according to the Financial Conduct Authority
ESMA: crypto-assets need common EU-wide approach 10 January 2019 Brussels Reporter: Maddie Saghir ESMA stated that crypto assets need a common EU-wide approach to ensure investor protection