The Wall Street Blockchain Alliance, a non-profit trade association, has announced a new working group focused on ‘native assets’ that rely on public blockchains...
Linedata, a technology solutions provider, has acquired Gravitas Technology Services, a middle-office and technology services provider to the asset management industry...
BlackRock has switched custodian for $1 trillion in client assets from State Street Bank and Trust Company to J.P. Morgan Corporate & Investment Bank...
The repo market could “shut down” under stress conditions with pension funds most at risk, according to a new Northern Trust whitepaper...
Global pricing data provider NEX Data is set to become a distributor of Tradition’s market data and information services division, TraditionDATA...
The Depository Trust & Clearing Corporation has partnered with IBM to develop a “watershed moment” in the use of distributed ledger technology (DLT) for derivatives post-trade processing...
A staggering 82 percent of North American asset managers plan to fully unbundle all of their brokers globally, despite many not expecting the EU’s MiFID II to directly affect them...
Apex Fund Services has appointed Wall Street stalwart Daniel Strachman as head of US business development...