With more than 25 per cent of back-office systems aged over 20 years old, the management of legacy technology is now a major growth opportunity for brokers and banks today, according to new research from the ValueExchange
Chan will report to David Russell, Asia Pacific head of Securities Services, and Angel Ng, Hong Kong & Macau CEO and Citi global wealth Asia Pacific head
Technology provider FIA Tech has created a network called the Databank Network, an initiative to bring together independent software vendors, exchanges, clearing houses and other data providers into an interoperable global network
The U.S. Securities and Exchange Commission has proposed amendments to rules and reporting forms to promote consistent, comparable, and reliable information for investors concerning funds’ and advisers’ incorporation of ESG factors
A.M. Best, a rating agency of alternative risk transfer entities, has affirmed the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit rating of ‘a+’ (Excellent) for two BNY Mellon subsidiary insurance companies
Six of the industry’s leading institutions have launched the Approved Publication Arrangements and Approved Reporting Mechanisms association, to be more commonly known as APARMA
DTCC has blocked all activity relating to securities issued by Sberbank of Russia via any DTCC Institutional Trade Processing service, in response to the Russian invasion of Ukraine
