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Droit partners with FINBOURNE to deliver end-to-end position reporting solution
30 April 2024
UK Reporter Klea Neza

The new end-to-end solution maps the multiple data inputs needed to evaluate reporting obligations, and simplifies workflow interactions via an intuitive interface

Change of CEO at Taskize
30 April 2024
UK Reporter Jack McRae

Taskize was acquired by Euroclear over two years ago, and the post-trade issue resolution network almost doubled its client base under Slavin’s leadership

Ferguson to retire from CIBC Mellon
30 April 2024
Canada Reporter Carmella Haswell

Ferguson joined CIBC Mellon at the beginning of the joint venture between the Canadian Imperial Bank of Commerce and the Mellon Financial Corporation in 1996

Burke joins MarketAxess as global head of emerging markets
29 April 2024
UK Reporter Sophie Downes

Dan Burke will be responsible for the development and execution of business strategy for the EM business in both hard currency and local markets

Computershare to acquire BNY Trust company of Canada
26 April 2024
US Reporter Klea Neza

The deal is scheduled to complete in H2 2024, subject to regulatory notifications, approvals and other customary closing conditions

Northern Trust upgrades cloud-based insurance accounting and analytics application
26 April 2024
US Reporter Klea Neza

The updated interface allows for automation, and streamlines insurance accounting and reporting processes

Broadridge expands class action services team with Leonidis and Joseph
25 April 2024
UK, Canada Reporter Carmella Haswell

Vicki Leonidis and Jean-Paul Joseph, who both join the firm as relationship managers, will be based in the firm’s Ontario and London office, respectively

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Latest issue 337
Issue archive
Inside this issue

Asset servicing news round-up.

In this issue of Asset Servicing Times, Swift’s Whikie Liu focuses on North America’s move to T+1 and its global impact.

Elsewhere, Lucy Carter and Jack McRae explore how cross-border payment solutions can be improved following adoption of ISO 20022.

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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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