All latest asset servicing news

AFME: Pandemic acted as a “call to arms” for post-trade industry to improve “cumbersome” technologies

19 October 2021 UK
Reporter: Jenna Lomax

The COVID-19 pandemic acted as a “call to arms” for the post-trade industry to improve “cumbersome and outdated” technologies, according to Archie Stebbings, partner at management consulting firm Oliver Wyman

AFME: The regulator will ‘struggle’ to catch up with the evolving digital assets space

19 October 2021 UK
Reporter: Maddie Saghir

The industry is entering a fascinating era and the regulator will struggle to catch up because the system is evolving rapidly and becoming extremely dynamic, experts predict

David Curneen joins EML Payments in newly created role

19 October 2021 US
Reporter: Maddie Saghir

David Curneen will have responsibility for the financial and operational performance of EML Payments' business units

FSB installs Andrew Bailey as SRC chair

19 October 2021 Switzerland
Reporter: Bob Currie

Bank of England governor becomes chair of the Financial Stability Board's supervisory and regulatory cooperation standing committee, with Saudi central bank governor and FDIC chair also becoming committee heads

The industry is struggling to reap digitalisation benefits, TrustQuay survey finds

19 October 2021 UK
Reporter: Maddie Saghir

TrustQuay’s Future Focus Report has identified that while firms believe digitalisation, automation and innovation should make them more competitive and valuable, the industry is struggling to move forward to reap the benefits

AFME calls for review of capital buffer framework after COVID-19 crisis

19 October 2021 UK
Reporter: Carmella Haswell

The Association for Financial Markets in Europe is investigating the implications of the pandemic for the Basel capital buffer framework and the hesitancy from banks to draw on their capital buffers during COVID-19