The London branch of the European Depositary Bank has received approval from the Financial Conduct Authority to provide full depositary activities in the UK
CSOP Asset Management has selected HSBC to provide custody and fund administration services for its first ETF under the authorised VCC scheme in Singapore
Societe Generale Securities Services has extended its securities custody and issuer services offer in Africa with the support of Societe Generale Cameroon
KGAL Group, an independent investment and asset manager, has outsourced its fund administration to CACEIS, the asset servicing banking group of Crédit Agricole and Santander
It was explained that forcing European banks or participants to clear their Euro trades in continental Europe “could split up the pools of risk and make it riskier and less efficient to complete clearing”
Phoenix American and the Alternative Investment Exchange have formed an integration partnership that will enable investors to purchase alternative investment products digitally
J.P. Morgan and BlackRock have adopted Saphyre’s platform to digitise the account opening workflow, eliminate manual processes, improve scalability and enable buy-side clients to be ready to trade more quickly
Thakurdesai will be responsible for leading the bank’s securities services team in India as well as developing new business opportunities for its India franchise
Broadridge is set to provide Smith & Williamson Group, a financial and professional services firm in the UK and Ireland, with its SRD II solution for proxy voting