Through its ETF process automation tool, ACES, Citi is able to provide the additional servicing requirements that come with the presence of options in the ETF basket, the firms state
Northern Trust will continue to provide fund administration, custody, brokerage, securities lending and depositary services to the organisation
J.P. Morgan’s Securities Services will now provide fund administration and global custody in the three jurisdictions, along with fixed income price brokerage services for Danske’s alternative funds
The connection between the platforms will be activated provisionally in H2 2024, the firms state
Salim has close to 25 years of industry experience, and has been director of client management at S&P Global since 2022
FINBOURNE’s LUSID and Luminescence products will be used to modernise Northern Trust’s valuation and reporting functions
He replaces Clive Bellows, who was recently announced as president of the EMEA business, and reports to Toby Glaysher, president of global fund services
Two rotating board seats will be allocated to the investing companies, allowing them to contribute to the platform’s strategic direction