Northern Trust explained that the small increase was primarily due to favourable currency translation and new business, partially offset by unfavourable markets
The solution will use technology to automate investment accounting and regulatory reporting for both insurance separate account and general account portfolios
J.P. Morgan has revealed its markets and securities services revenue for Q3 this year totalled $7.8 billion, a 29 percent increase from its Q3 2019 figure of $6 million
Citi has reported markets and securities services revenues for Q3 2020 as $5.2 billion, a 16 percent increase compared to Q3 2019, which stood at $4.5 billion.
The European stock exchange says the deal serves to significantly bolster its post-trade services offering and further diversify its revenue stream to become less reliant on volume-related revenue