The new division will build on State Street’s current digital capabilities and will expand to include crypto, central bank digital currency, blockchain, and tokenisation.
Time equals risk in financial markets and recent events have triggered questions around whether risk can be lowered through shortening the T+2 settlement cycle, says US SEC chair Gary Gensler
DASH360 Risk provides sell-side firms with real-time visibility of all activity at the firm, account or trader level, including risk limit consumption, risk breaches and alerts
In this leadership role, Higgins will oversee Northern Trust’s asset servicing business activities across the three markets and assume executive management responsibilities for the bank’s Hong Kong office
Standard Chartered has reached an agreement with the Arab Monetary Fund to serve as a settlement bank for the Euro currency in Buna, the cross-border payment system owned by the AMF
"Across the institutional and retail crypto markets globally, there is growing demand for instant and secure access to digital assets," says Blair Halliday, head of UK, Gemini
The connectors programme is launching with four unaffiliated external firms — Clearwater Analytics, Financial Recovery Technologies, IdealRatings and OnCorps — while also using several BBH-built solutions