The Virginia Department of the Treasury has selected State Street Bank and Trust Company to provide its master custodian and transfer agency services
The majority (90 per cent) of US public sector pension plan managers expect to increase their scenario modelling and stress testing in the next two years, research from Ortec Finance has found
Zodia Custody and blockchain infrastructure platform Blockdaemon have partnered to offer an Ethereum staking service to institutional clients
LTX, Broadridge Financial Solutions’ electronic trading platform, has launched BondGPT, an OpenAI GPT-4-powered service designed to simplify workflows and improve efficiency for asset managers, hedge funds and dealers
Private capital fund administrator Gen II Fund Services has released the Fund Administration Technology Report, assessing industry opinion and highlighting which general partners are distinguishing themselves from their peers in the market
SmartStream Air is an SaaS platform that uses AI technology to analyse, learn and identify what data needs to be compared, and then presents a list of unmatched records or disputes for investigation
The project aims to help AGC members meet regulatory compliance requirements under Investment Company Act Rule 17f-7, which outlines how US mutual funds can hold securities through foreign depositories
Citi has appointed Karoline Belwal as global head of strategy and product development for data, digital and innovation at its securities services business
