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Alternative asset classes prove to be the ‘engine room of growth’ for Jersey
26 March 2021 Jersey
Reporter: Maddie Saghir

The Jersey funds industry reached record heights in 2020 despite global challenges, and alternative asset classes represent 89 per cent of the total funds business

JTC’s solution enables Resolute Capital to launch first offshore fund vehicles
26 March 2021 Guernsey
Reporter: Maddie Saghir

“If going offshore is part of your fund strategy, JTC is the perfect partner. Our organisation is built for a fund to raise and deploy capital all over the world," says JTC's Michael Richards

Finxflo signs custody deal with Onchain Custodian
25 March 2021 US
Reporter: Maddie Saghir

Hybrid liquidity aggregator Finxflo has signed a deal with Onchain Custodian to provide custody services in preparation to meet updated AML regulation, commonly known as the 'Travel Rule'

Northern Trust appoints Nichole Mann and Nora Tiller
25 March 2021 US
Reporter: Maddie Saghir

“Adding Nora Tiller and Nichole Mann to our already talented team deepens the service we deliver to our clients and allows us to offer the thought leadership and expertise our clients demand," says Northern Trust's Melanie Pickett

Citi offers asset servicing solutions for fractional bond exchange Singapore
25 March 2021 Singapore
Reporter: Maddie Saghir

BondEvalue has appointed Citi alongside Northern Trust to join the BondbloX Bond Exchange as an asset servicing provider for the underlying bonds, which trade as fractional assets

BNY Mellon: The nature of the asset management industry is changing
25 March 2021 US
Reporter: Maddie Saghir

BNY Mellon's new survey finds that 97 per cent of asset managers are considering outsourcing data management and infrastructure

Luminor Bank deploys FIS’ cloud solution to optimise liquidity
24 March 2021 UK
Reporter: Maddie Saghir

FIS’ solution will provide the bank with advanced tools for assessing the market risk of its financial instruments and enhance stress testing capabilities

Silvergate appoints Coinbase Custody
24 March 2021 US
Reporter: Maddie Saghir

“As one of the global leaders in the custody of digital assets, we feel this is a relationship of equals and we’re happy to help Silvergate work toward their goal of maximising capital efficiency for this rapidly growing industry,” says Sam McIngvale

Two electronic broker representatives join OCC board
24 March 2021 US
Reporter: Alex Pugh

The clearing organisation’s new board members expertise will shore up OCC's “resiliency and innovation”, its executive chairman says

Citi and Sharegain launch unique automated SBL solution for wealth managers
24 March 2021 UK
Reporter: Drew Nicol

The new solution with Citi is designed to integrate with wealth managers’ existing IT infrastructure and provide a fully-digital user experience for underlying customers, from opting into the programme through to managing their lending

Deutsche Boerse successfully tests DLT-based securities settlement
24 March 2021 Germany
Reporter: Maddie Saghir

Securities settlement using DLT is performed with the aid of a “trigger solution” and a transaction coordinator in TARGET2, the Eurosystem’s large-value payment

ZEDRA acquires BFCS in Luxembourg to enhance fund services
24 March 2021 Luxembourg
Reporter: Maddie Saghir

The acquisition will strengthen ZEDRA’s existing fund and related corporate service offering in Luxembourg, and boosts its presence in Luxembourg