All latest asset servicing news

Apex and Crypto Finance partner on digital asset solutions

22 March 2023 Switzerland
Reporter: Lucy Carter

Apex Group has partnered with digital asset solutions, custody and brokerage provider Crypto Finance Group to provide institutional-grade crypto products to the market

TMF Group acquires PartnersAdmin to expand into North American market

22 March 2023 US
Reporter: Jenna Lomax

As part of the mandate, TMF Group will administer more than US$215 billion worth of assets on behalf of PartnersAdmin’s global fund manager client base

Seilern Investment Management picks FINBOURNE for data services

22 March 2023 UK
Reporter: Jenna Lomax

Investment management firm Seilern Investment Management has selected FINBOURNE Technology’s data stack to scale its investment operations, amid rapid growth

Eurex becomes first European exchange to launch Bitcoin index futures

22 March 2023 Germany
Reporter: Carmella Haswell

Launching FTSE Bitcoin Index Futures is a “major milestone” for the exchange as Eurex seeks to offer safe and trusted access to cryptocurrencies in a regulated market environment

KDPW and KDPW_CCP adapt systems for payment clearing platform TARGET

21 March 2023 Poland
Reporter: Jenna Lomax

The first EUR operations were successfully transmitted to and cleared in the Polish component of the system TARGET-NBP yesterday (20 March)

Clearwater Analytics partners with BNP Paribas’ Securities Services

21 March 2023 UK
Reporter: Jenna Lomax

The mandate will combine Clearwater Analytics’ value proposition and investment lifecycle solutions with BNP Paribas Securities Services’ business platforms

SEC proposes new ruling on certain climate-related disclosures

21 March 2023 US
Reporter: Jenna Lomax

If passed, the ruling would mean registrants would be obligated to report climate-related risks that are “reasonably likely” to have a material impact on their business, results of operations, or financial condition

EU supervisors confirm ranking in resolution waterfall following Credit Suisse takeover

21 March 2023 Switzerland
Reporter: Bob Currie

The EU Single Resolution Board (SRB) has issued a statement confirming that holders of Additional Tier 1 (AT1) instruments should rank ahead of holders of common equity in case of resolution or insolvency of a banking institution in the Banking Union