Leading the Way
Global Asset Servicing News and Commentary
Asset servicing news and commentary
Custody
Ripple expands partnership with BNY
27 October 2026 US
Reporter: Matthew Challis
BNY is building on its position as primary reserve custodian by adding RLUSD to its custody platform and integrating XRPL’s native digital asset, XRP
People moves
Euroclear appoints Luke
27 October 2026 Hong Kong
Reporter: Madison Hendrickson
Cilla Luke joins as head of business development, fund solutions, Asia Pacific, and brings over 20 years of experience in financial services, having held diverse roles across the sector
Industry
Rimes partners with FundGuard
27 October 2026 US, UK
Reporter: Zarah Choudhary
The firms say this collaboration aims to help asset managers, fund administrators, and asset servicers modernise investment operations
Industry
GLEIF qualifies TrustAsia as vLEI Issuer
27 October 2026 Switzerland
Reporter: Madison Hendrickson
As a vLEI Issuer, TrustAsia will explore how verifiable organisational identity can enhance trust in signed PDFs and C2PA Content Credentials, the firm says
Leading the Way
Global Asset Servicing News and Commentary
Bhutan builds beyond Bitcoin
Zarah Choudhary explores how Bhutan is moving beyond sovereign Bitcoin mining to build the regulatory, custody, and market infrastructure with insights from Gracy Chen, CEO of Bitget
Unified custody
As asset managers, servicers, and custodians grapple with the rapidly shifting market the persistent question remains: how can they keep up? Madison Hendrickson explores
Pontes brings central bank money into tokenised markets
The Eurosystem’s new settlement bridge addresses one of tokenisation’s biggest practical barriers, but interoperability, liquidity, and post-trade integration will determine whether Europe can move from pilots to scale. Zarah Choudhary explores
Rethinking cash
Wanda Lam, head of Middle Office Alpha Product at State Street, examines why cash servicing has become a critical component of modern middle office outsourcing
Decision intelligence before automation
As digital labour moves onto the Sibos agenda, CIBC Mellon’s chief operations officer Catherine Thrasher argues that the most important foundation for the agentic future remains data
What the future holds
As wealth and asset managers contend with ageing technology, private-market complexity, and the rise of AI, Russell Andrews of FIS tells Zarah Choudhary why the industry’s next phase of transformation will depend as much on data and operating-model redesign as it does on new technology
Leading the Way
Global Asset Servicing News and Commentary
Calastone
Simon Keefe
Simon Keefe, managing director and head of digital assets at Calastone, sits down with Matthew Challis to discuss the future of digital distribution, how stablecoins and tokenised deposits are changing treasury management, and why smart contracts might be redefining the role of transfer agents
Clearstream
Patrick Kropp
Patrick Kropp, settlement product manager at Clearstream, discusses his journey into asset servicing, the value of bringing fresh perspectives to a complex industry, and why standardisation, interoperability, and new technologies will be central to the future of financial market infrastructure
FundGuard
Lior Yogev
As financial institutions look to move artificial intelligence from experimentation into production, Lior Yogev, CEO at FundGuard, discusses why architecture, data, and governance will determine whether AI can deliver meaningful change across investment accounting and operations
Deutsche Bank
Sayali Bute
Deutsche Bank’s Trust and Securities Services vice president, Sayali Bute, has built her career in institutional sales and asset servicing since joining the bank as a graduate trainee. She now works with clients across India’s rapidly developing investment market while supporting growth in the bank’s custody and fund administration business
Global Tax Recovery
Mark Friedman
Mark Friedman, CEO of Global Tax Recovery, speaks about the growing complexity of withholding tax recovery, the operational challenges facing asset servicers, and why firms are increasingly looking to specialist providers
Prescient Fund Services in Ireland
Nicola Gerety
Newly appointed Nicola Gerety, country head of Prescient Fund Services in Ireland, speaks to Zarah Choudhary about the firm’s growth ambitions, region’s evolving fund landscape, and the impact of AI
Capco
Marc Biro
Marc Biro, managing principal at Capco, discusses the SEC’s approval of 23-hour, five-day equities trading on both Cboe and Nasdaq, and the operational and technology overhaul ahead. Carmella Haswell reports
Smartstream
Krina Rathod
Krina Rathod, product designer at Smartstream, discusses bringing a fresh UX perspective to asset servicing, the value of questioning legacy workflows, and how better design can improve efficiency, usability, and operational resilience
Leading the Way
Global Asset Servicing News and Commentary
News and people moves roundupFunds
Yealand's Rob Rob Leedham explains how administrators need investment to keep pace.T+1
Madison Hendrickson explores where the industry stands.Digital Assets
Brett Tejpaul discusses the shift from competition to collaboration.