All latest asset servicing news

Citi welcomes Hwang as Korea’s Head of Citi Commercial Bank

04 November 2024 Korea
Reporter: Clelia Frondaroli

The company says Jaewon Hwang, in his new position, will be instrumental to overseeing business operations in Korea as well as driving financial performance

Citi and Fidelity International release PoC for on-chain MMF

04 November 2024 Singapore
Reporter: Carmella Haswell

The solution could enable investors to conduct seamless and real-time settlement of multi-asset positions in different currencies, the firms say

HSBC receive China domestic fund custody licence

01 November 2024 China
Reporter: Jack McRae

The licence allows HSBC to provide custody services to onshore funds offered by fund and asset managers domiciled in mainland China

Standard Chartered conducts HKD blockchain transactions with Ant International

01 November 2024 Hong Kong
Reporter: Klea Neza

Both companies are participants of the HKMA’s Ensemble Sandbox

CBI partners with Zumo

31 October 2024 UAE
Reporter: Jack McRae

The partnership will enable both firms to explore the tracking of digital asset sustainability

FINBOURNE picks Jordan as VP of Finance

31 October 2024 UK
Reporter: Clelia Frondaroli

Having worked closely with the company in the past, Christopher Jordan enters his new role from Santander Corporate and Investment Banking

S&P Global Market Intelligence partners with MarketAxess

31 October 2024 US
Reporter: Clelia Frondaroli

This partnership will see the integration of S&P Global Bond Reference Data into MarketAxess’ data products

Broadridge launches ClearFi

31 October 2024 US
Reporter: Clelia Frondaroli

Broadridge notes the solution will help clients to address emerging global regulations, including Canadian and UK know-your-product (KPY) rules

SimCorp appoints Essofi as managing director for MEA

31 October 2024 UAE
Reporter: Jack McRae

Essofi joined SimCorp following its merger with Axioma in January 2024 as head of Axioma Sales EMEA

Raiven Capital selects Maples Group

30 October 2024 UAE
Reporter: Jack McRae

The fund, based in Toronto, California and a new office in Dubai, selected the fund administrator due to its presence in the Middle East

Volante joins forces with Standard Bank

30 October 2024 Africa
Reporter: Clelia Frondaroli

Currently live in South Africa, the partnership with utilise Volante’s Payments as a Service (PaaS) technology to modernise payment infrastructure across Africa

Cadent Gas picks Northern Trust as custodian

30 October 2024 UK
Reporter: Clelia Frondaroli

This will be delivered in conjunction with performance and SORP reporting for Cadent Gas’ benefit scheme

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