DTCC, ICI and SIFMA outline path to implement next-day settlement for US securities by H1 2024, but conclude that a move to T+0 is not feasible in the short term
STP Investment Services, a global, end-to-end investment operations service provider has acquired third-party fund administrator Tower Fund Services in an effort to increase its alternative fund administration value proposition for its clients
Calastone has partnered with Microsoft to enhance its fund and data offerings in a wider effort to drive new opportunities for collective investments worldwide
Northern Trust has been selected by Pendal Group Limited, the global investment manager, to provide a range of asset services across its Australia, UK and Ireland offices
There is an increasing concern that green finance will cause fragmentation in financial markets in years to come, according to Miles Celic, chief executive of TheCityUK at this year’s Guernsey Funds Forum
Third Financial has selected Qomply to provide integrated end-to-end Markets in Financial Instruments Directive transaction reporting accuracy checks within its Financial Conduct Authority-regulated investment platform provider, Third Platform Servic
Northern Trust will provide global custody, depository and associated services for Omba Investments Irish Collective Asset-management Vehicle’s US$100 million umbrella fund