All latest asset servicing news

TCH pushes back CHIPS ISO 20022 migration

10 February 2023 US
Reporter: Lucy Carter

The decision comes in response to feedback from CHIPS participants and follows similar reschedules by other global payments network providers

ISSA appoints Magnus Asgeirsson as Nasdaq’s representative for its OC

10 February 2023 Iceland
Reporter: Jenna Lomax

Asgeirsson currently serves as managing director of Nasdaq Central Securities Depository in Iceland

FNZ to acquire ifsam

10 February 2023 Luxembourg
Reporter: Lucy Carter

Based in Luxembourg, B2B fund platform ifsam provides custody for investment fund shares and the execution of subscription and redemption processes

BoE issues guidance on outsourcing and third-party risk management for CCPs

09 February 2023 UK
Reporter: Bob Currie

The Bank of England’s supervisory statement specifies how CCPs should meet their regulatory requirements for outsourced services, with a compliance deadline set for 9 February 2024

SideCaps picks CACEIS for clearing and settlement

09 February 2023 Germany
Reporter: Lucy Carter

Used for listed SME secondary-line stocks, SideCaps' block trade platform creates a liquidity pool for German and Austrian SMEs

Peter Corry joins Ocorian

09 February 2023 Luxembourg
Reporter: Lucy Carter

In the role, he will support the company’s broadening range of services for international fund managers

Deutsche Börse appoints Google Cloud as preferred cloud partner

09 February 2023 Germany
Reporter: Bob Currie

The German infrastructure giant will use Google Cloud as its preferred cloud services partner for the coming 10 years, supporting development of its D7 platform along with a range of data and analytics applications and regulatory controls