Euroclear Bank and Clearstream are no longer accepting Russian ruble as a settlement currency on their international central securities depositories in response to the Russian invasion of Ukraine
InvestCloud has been selected by Rathbones Group to provide client lifecycle management, including digital prospecting, onboarding and servicing capabilities as well as client reporting solutions
U.S. Bank has selected Sustainalytics, a provider of ESG research and ratings, to offer ESG data solutions to the U.S. Bank Global Fund Services clients, where independent ESG analytics and reporting services are required
HSBC has launched a technology platform to provide private asset administration services to asset owners and managers, as part of the bank’s wider effort to grow its securities services offering in the private asset sector
Bloomberg and Elwood Technologies have partnered to enable investments — from clients using Elwood’s cryptocurrency trading platform — to flow directly into Bloomberg AIM, a buy-side order management system
Trade association UK Finance, with assistance from IHS Markit’s KY3P platform, has developed The Supplier Assurance Framework, as part of a wider effort to solve the industry problems associated with collective supplier assurance