Deutsche Bank has partnered with financial services technology provider Fiserv to launch Vert, a payment acceptance and banking services provider for small and medium-sized enterprises
The Financial Stability Board has published a series of reports on supervisory and regulatory approaches to climate-related risks, and a consultative document on cyber incident reporting
The comments came from a panel entitled ‘Tackling the root of securities settlement fails’, with participants trying to establish the cause of dropped global settlement efficiency rates
Broadridge's solution allows fund shareholders to be polled onf their preferences around key proxy issues, helping the company to shape its proxy voting approach and policies
The comment came from a panel entitled ‘Is T+1 the goal or a step to instant securities settlement?’, where the pervasive question of when Europe would move to a T+1 settlement cycle was unpacked
The deal, which is expected to complete by the end of Q3 2023 subject to approvals, will include custody and global custody FX, securities lending, fund services and middle office, along with RBC Investor Service’s service centre in Malaysia
The US regulator observes that from the 10,000 tokens currently issued in the digital asset marketplace, the large majority of these are securities and are covered under existing securities laws
Through the partnership, State Street Global Advisors will be able to develop and manage investment products and strategies using Barclays QPS’ systemic strategy indices
Apex’s single-source solution will offer Herakles improved efficiency and control, with the operational framework of the front, middle and back offices outsourced