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Petra hires Goldberg as chief talent officer
02 May 2024
New York Reporter Jack McRae

In this role he will be responsible for attracting new employees and enhancing existing employee engagement for the fund administration provider

AccessFintech joins BNY Mellon to address FX workflow challenges ahead of T+1 settlement regulations
01 May 2024
UK Reporter Klea Neza

Clients based on AccessFintech’s network will be able to instruct BNY Mellon to broker FX transactions based on these ‘predicted to settle’ insights before the end of the US trading day

Delta Capita acquires Client On-Boarding solution from LSEG
01 May 2024
UK Reporter Klea Neza

The acquisition forms part of Delta Capita’s strategy to offer managed services and technology

TMX Group and Clearstream launch Canadian Collateral Management Service
30 April 2024
Canada Reporter Sophie Downes

The trades were conducted by BMO, CIBC, RBC, Scotiabank and TD

Marathon selects Zodia Custody as international digital asset custodian
30 April 2024
Global Reporter Jack McRae

Zodia Custody will provide its services for the Bitcoin miner’s holdings outside of the US

Xceptor welcomes Keith Man as general manager for the APAC region
30 April 2024
Singapore Reporter Klea Neza

In his new position, Man will play a role in driving client success, as well as strategic partnerships and alliances in the region

Clear Street releases futures clearing and execution services
30 April 2024
US Reporter Carmella Haswell

The services will offer emerging funds and other large institutions the necessities to clear, custody, execute, and finance US equities and options

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Latest issue 339
Issue archive
Inside this issue

Asset servicing news round-up.

In this issue of Asset Servicing Times, FINBOURNE CEO and co-founder Tom McHugh, sits down with Karl Loomes to talk about market trends, client service, and AI.

Elsewhere, Trip Chong, senior director for global class actions at Broadridge, speaks to Justin Lawson about the current and future trends in securities litigation.

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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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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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The road to T+1

With the increasing pace of transactions in global securities markets, Chris Elms, interim CEO of Euroclear UK and international, examines the implications of T+1 settlement in the UK, after the release of the Accelerated Settlement Taskforce’s findings and the expected market transition by the conclusion of 2027

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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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