The companies say the agreement will further provide tokenisation and digital custody services to State Street’s existing fund administration and accounting capabilities
Northern Trust will assume the trading function across True Potential’s internally managed funds with approximately £6.1 billion assets under management
With this move, Tradeweb adds corporate treasury professionals as a fourth client channel, complementing its existing focus on institutional, wholesale and retail clients
The companies say traders can now leverage TNS’s ultra-low latency infrastructure for global order routing and access to LTSE’s full range of multicast market data