The partnership aims to broaden the DEI footprint across the global investment community, to help support current data challenges and advocate different investment opportunities
The distributed-ledger technology (DLT) driven settlement service, Project Ion, is now processing an average of more than 100,000 bilateral equity trades daily and more than 160,000 transactions on peak days in parallel production
The service, known as the 1042-S Classification Announcement, will lower the amount of tax withheld on distributions for non-US investors, prior to the payable date
Northern Trust has appointed Mauricio Sandoval (pictured left) and Dean Marziarz (pictured right) as senior business development representatives for asset servicing in North America
In his new role, Nash (pictured) will strengthen TrustQuay’s target operating model through application of technology and will work to increase the company’s operational efficiency
Bank of America, BNY Mellon and Citi have invested US$20 million in Genesis Global, a low-code application development platform for financial markets organisations