All latest asset servicing news

Comment: Robinhood hit with record penalties by FINRA

07 July 2021 US
Reporter: Bob Currie

“The fine reflects the scope and seriousness of Robinhood’s violations, including FINRA’s finding that Robinhood communicated false and misleading information to millions of customers,” says FINRA’s Jessica Hopper

ULTUMUS and Alveo join forces for data services solution

06 July 2021 UK
Reporter: Maddie Saghir

The partnership will see ULTUMUS bring together its global ETF and index managed data service with Alveo’s data mastering solution Prime

GSX invests in CSX

06 July 2021 Hong Kong
Reporter: Bob Currie

Global Stock Exchange Group (GSX) has today announced a strategic investment in CSX to launch a trading platform for tokenised assets and digitised securities in Asia

TrustQuay Portal update introduces automated onboarding solution

05 July 2021 London
Reporter: Rebecca Delaney

TrustQuay has launched the first fully automated and integrated onboarding solution for trust administration and corporate service providers

International insuretech reaches unicorn status following funding round

05 July 2021 United States
Reporter: Rebecca Delaney

bolttech has achieved unicorn status, awarded to private companies valued at over $1 billion, following a $180 million series A funding round one year after the international insurtech’s launch in 2020

FCA launches consultation on reforms to UK primary markets

05 July 2021 United Kingdom
Reporter: Bob Currie

UK financial conduct regulator aims to encourage investor access to higher growth sectors, while delivering a simplified rulebook and higher standards of transparency and investor protection

Citi to provide transfer agency services for Income Partners

05 July 2021 Hong Kong
Reporter: Maddie Saghir

“We are excited to be able to support one of Asia’s leading fixed income specialists here in Hong Kong as they operate their first northbound mutual fund," comments Julie Kerr

QFCRA mulls updates to its professional investor fund regime

05 July 2021 Qatar
Reporter: Maddie Saghir

“Qatar is becoming an important location for asset management. The proposed update to our fund framework will put the QFC in an even stronger position to attract fund managers and professional investors," says Michael Ryan