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Apex Group appointed to support Genesys’ operations in Hungary
14 June 2021 Hungary
Reporter: Maddie Saghir

Apex will support the company’s operations in Hungary and provide corporate and business services including registered office, accounting, compliance and regulatory support

GBST boosts AJ Bell’s wealth management business growth
14 June 2021 UK
Reporter: Maddie Saghir

“We have built an extensive knowledge of AJ Bell and its architecture, people, and processes, which helps to make the platform such an overwhelming success for advisers and end investors alike," says David Simpson

TSSAG welcomes Taurus Consulting as its latest member
14 June 2021 UK
Reporter: Maddie Saghir

“I look forward to collaborating with my fellow members on cutting edge issues that are driving the securities servicing industry," comments Jessica Hynes

Bank of England unveils ideas on new forms of digital money
11 June 2021 UK
Reporter: Maddie Saghir

Digital money in the UK considered to be systemic are those that have the potential to scale up and become widely used as a trusted form of sterling-based retail payments

Etrading Software establishes task force on digital asset standards
11 June 2021 UK
Reporter: Maddie Saghir

The task force aims to identify potential synergies between the digital token identifier and the international securities identification numbers

BIS and Bank of England open London innovation centre
11 June 2021 UK
Reporter: Bob Currie

The BIS Innovation Hub initiative was created in 2019 to identify and cultivate developments in financial technology relevant to central banks and to provide a focal point for a network of central bank experts on innovation

Citi agrees ‘largest’ fund admin mandate in APAC with Prudential
11 June 2021 Hong Kong
Reporter: Becky Bellamy

Citi will provide fund accounting, transfer agency and reporting services covering more than 40 portfolios and over $70 billion in assets under administration

Neal King joins RBS’ trustee and depositary services team
11 June 2021 UK
Reporter: Becky Bellamy

Neal King joins RBS with more than 30 years of experience in the industry having held several roles at HSBC

State Street accelerates digital asset capabilities with new division
10 June 2021 US
Reporter: Maddie Saghir

The new division will build on State Street’s current digital capabilities and will expand to include crypto, central bank digital currency, blockchain, and tokenisation.

Digital Asset CEO joins Global Blockchain Business Council board
10 June 2021 Switzerland
Reporter: Becky Bellamy

Yuval Rooz’s appointment to the board will become official at the next meeting of the GBBC’s general assembly in September

Standard Chartered implements domestic mutual fund custody in China
10 June 2021 China
Reporter: Maddie Saghir

The opening up of the market to international custodians has since created more options for domestic mutual and private funds

Alex Ross-Wilson joins Capco as partner and UK banking lead
10 June 2021 UK
Reporter: Maddie Saghir

Capco has appointed Alex Ross-Wilson as a new partner with responsibility for the company’s UK banking practice, based in London