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EBA Clearing to launch OCT Inst credit transfer service on R1
26 March 2024
France Reporter Klea Neza

The new service will enable payment service providers (PSPs) operating in SEPA to process incoming and outgoing international credit transfers through RT, says EBA Clearing

MUFG Investor Services US launch professional services group
26 March 2024
US Reporter Jack McRae

The group will be led by Ana Saer who has over two decades of experience in the industry

Marsh launches new facility providing insurance cover for digital custodians
26 March 2024
26 March 2024 Reporter Jack McRae

The insurance broker says that the facility provides up to US $825 million in insurance capacity and will support organisations with digital assets held offline

Swift completes second testing phase for its CBDC interlinking solution
26 March 2024
Belgium Reporter Bob Currie

This second testing phase has extended the project coverage to include a more complex set of use cases, employing Swift’s solution to support transactions across simulated digital transactions, tokenised assets and foreign exchange networks

TRAction and oneZero’s expand partnership
26 March 2024
UK Reporter Jack McRae

TRAction, a provider of trade reporting service, uses oneZero’s trade and quote data series to aid with reducing manual processing involved in reporting

Waystone partners with Alger
26 March 2024
UK Reporter Klea Neza

The partnership aims to add US $600 million to Waystone's asset under management

Citco launch ‘AI plus Human’ platform
25 March 2024
US Reporter Jack McRae

CDI combines AI and fund reporting experts to interpret, organise and transform documents into discoverable information for fund managers, fund types and asset owners

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Latest issue 340
Issue archive
Inside this issue

Asset servicing news round-up.

In this issue of Asset Servicing Times, Joseph Latini, chief commercial officer at MUFG Investor Services, speaks about his love for his work, clients and trusting the process.

Elsewhere, Klea Neza explores the Nordic markets and how they have responded to setbacks.

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Interviews
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Alex Smyth
Oakbridge

Alex Smyth, director of funds at Oakbridge, speaks to Asset Servicing Times about the challenges facing private equity fund administration and why Jersey is an ideal jurisdiction

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Daniel Ginsburg
WTax

John Savage speaks to Daniel Ginsburg, CEO of WTax, about the custody markets, the company’s future and regulation in the industry

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Dean Little
Proxymity

After winning the Best Asset Servicing Technology award at this year’s AST Industry Excellence Awards, Proxymity’s Dean Little shares the firm’s latest digital proxy voting solution, Vote Connect Global

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Lelanie Marais and Julia Bricker
WTax

WTax’s Lelanie Marais and Julia Bricker discuss the obstacles and fortuity of the WHT landscape, and what the FASTER directive will mean for European participants in particular

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Features
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Editor's pick
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Putting a regulatory structure on sustainable finance

CACEIS’ Pat Sharman and Matthew Ives provide a summary of their consultation with asset managers and host ACDs on the UK’s Sustainability Disclosure Requirements

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Innovation is key

Jack McRae speaks to a number of European fund administrators on how they are addressing some of the challenges facing the industry

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The unintentional consequences of investor protection

Stephen Isgar, head of network management for the Americas at RBC Investor Services, considers the potential for added cost and risk related to enhancing investor protection

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Country profiles
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Channel Islands

Lucy Carter takes a look at how the Channel Islands have fared after a globally challenging year, and what the jurisdictions are doing to prepare for the future of financial services

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India

The Indian custody market embraced last year’s switch to T+1 and, according to three of the nation’s leading custodians, there is cause for more optimism

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India

Brian Bollen discusses India’s move to T+1 and its growing custody and funds landscape

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Guernsey

Guernsey has long been a popular destination for financial services companies to domicile funds, attract clients and conduct operations — something that looks set to continue

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