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Citi joins Axoni’s financing round for DLT
12 May 2017 New York
Reporter: Drew Nicol

Distributed ledger technology developer Axoni has secured Citi as a contributor to its funding round, bringing the total amount raised to more than $20 million

Des Johnson joins Centaur Fund Services
08 May New York
Reporter: Mark Dugdale

Former SS&C Technologies global co-head of investor services Des Johnson has joined Centaur Fund Services as CEO of the US

BNP Paribas to improve fund distribution
19 April 2017 London
Reporter: Becky Butcher

BNP Paribas Securities Services has developed a new digital fund distribution platform in partnership with AXA Investment Managers

Top banks reveal Q1 securities growth
18 April 2017 New York
Reporter: Drew Nicol

Wall Street big hitters post strong securities services revenue growth for Q1

OCC poaches Ridgway for risk management
11 April 2017 Chicago
Reporter: Drew Nicol

OCC has continued its raid on Wall Street with the appointment of David Ridgway as senior vice president for enterprise risk management

Euroclear Bankchain goes for gold with second successful pilot
11 April 2017 London
Reporter: Stephanie Palmer

Euroclear and Paxos have completed a second pilot of their Euroclear Bankchain settlement service for the London bullion market, executing over 100,000 settlements

Custom House invests in China
06 April 2017 Beijing
Reporter: Stephanie Palmer

Custom House Global Fund Services has expanded its presence in China, opening a new office in Beijing and hiring two new relationship managers

Sibos cities revealed for 2020 and 2021
06 April 2017 Boston
Reporter: Stephanie Palmer

Sibos is to return to Boston in 2020 and to Singapore in 2021, SWIFT has announced

Crestbridge expands with Bahrain acquisition
05 April 2017 Manama, Bahrain
Reporter: Stephanie Palmer

Trust, fund and corporate services provider Crestbridge has completed its acquisition of Ohad Trust, a similar business based in Manama, Bahrain

OCC’s McClain to head DTCC equity clearing
04 April 2017 New York
Reporter: Stephanie Palmer

The Depository Trust & Clearing Corporation has appointed Michael McClain as managing director and general manager of equity clearing

UK finally triggers Brexit
29 March 2017 London
Reporter: Mark Dugdale

The UK has officially pulled the trigger on Article 50 and commenced the two-year negotiation process that will end in its exit from the EU

ETF servicing mandate for Citi
29 March 2017 Cleveland, Ohio
Reporter: Stephanie Palmer

Citi has been appointed to provide ETF services to Cleveland-based boutique asset manager Victory Capital