Real estate investment fund sponsor Ashford has selected financial services provider Phoenix American to provide agent and back-office operational requirements
Euroclear Bank has signed a memorandum of understanding with Korea Securities Depository, with the intention of providing more efficient post-trade access to Korea Treasury bonds for international investors
Euronext Group has finalised acquisition of the technology businesses currently powering MTS and Euronext Securities Milan from Italian technology provider Nexi. The transaction was first announced in June
Through the partnership, T-Scape will continue to support Western Asset with the development of its corporate actions operating model as it adapts to keep in line with evolving business demands
The design will allow for one-click business functions directly from the dashboard, including creating sweeps, managing fails and matches, as well as drilling down to individual cashflows
DTCC has published the findings of its pilot programme investigating how tokenised securities and a wholesale CBDC would operate in the US settlement infrastructure
State Street agreed that “it is not in the best interests of clients, shareholders or employees to continue to invest time and resources in the transaction in this challenging financial services M&A environment”
The Association for Financial Markets in Europe and Ernst & Young have published a report that explores how finance can be channelled to help address biodiversity loss