Global Custodian

Breaking: Global Custodian reveals winners of Industry Leaders awards 2024 State Street, BNY, Citi, Morgan Stanley, BNP Paribas, J.P. Morgan, Clear Street and Ultimus Fund Solutions were among the winners of multiple awards at the prestigious event held in New York. Read more: https://lnkd.in/dHYf_VA4

State Street appointed custodian for MFS’ first active ETF range Custodian will also be responsible for transfer agency and recordkeeping functions in relation to the funds.  

US explores shared ledger technology for 24/7 multi-asset settlement network   The project, led by SIFMA, includes major players like Citi, J.P. Morgan, Swift and others, with Digital Asset providing the core technology. 

Join us on Tuesday for our live webinar – ETFs 2030: Servicing the next generation of exchange-traded products. Global Custodian will host a panel of experts from Ultimus Fund Solutions, CIBC Mellon, Robeco and Invesco Ltd. to discuss the fast-evolving ETF landscape, and what the future may hold for the burgeoning sector. For more information and to register, click here: https://lnkd.in/eUevTys9

The prime brokerage industry is entering a new phase of growth! After years of headwinds, the 2024 Global Custodian Prime Brokerage Survey highlights key trends shaping the sector, including renewed demand from hedge funds, an uptick in fund launches and evolving client expectations. Jack Seibald, global co-head of outsourced trading and prime brokerage at Marex, had the opportunity to share his thoughts on what’s driving this transformation, including: ·       Why multi-strategy funds are becoming a growth focal point. ·       How mid-tier prime brokers are filling gaps left by larger players. ·       The tailored services funds now expect to support complex strategies. Curious about what’s next for the industry and how firms are adapting to meet client needs? Read the full article for insights and takeaways: https://lnkd.in/e45GQaHe #PrimeServices #PrimeBrokerage #HedgeFunds #AlternativeInvestments #CapitalMarkets #OutsourcedTrading

BNY names new head of alternatives, fund accounting and admin platform Based in Ireland, the new appointment will report to Dermot Finnegan, global head of accounting and administration.  

Sergey Nazarov, Co-Founder of Chainlink, speaks with Global Custodian to examine how the financial industry is embracing blockchain technology and solving the issues involved with moving data and value across traditional networks and blockchains. Watch now to find out: • What factors are driving asset managers to increasingly adopt blockchain technology • Which technologies are essential for banks to embrace digital assets while ensuring privacy and security • How crucial interoperability is in the adoption of blockchain technology in capital markets, particularly in light of the recent Swift solution • What the unstructured data problem is in finance, and how AI and oracle networks can be used to solve it Full video: https://lnkd.in/eWxYFseq

Fund services round-up: Gen II, Amicorp, Centralis Group and more... This week’s fund services round-up features: Gen II Fund Services, Amicorp Fund Services, Centralis Group, Financial Conduct Authority, Capitolis, FundBank, Universal Investment Group, Brown Advisory, Arrow Global Group, and U.S. Bank. 

Thought Leadership: Five Best Practices for Capital and Liquidity Risk Management Over the past few decades, risk management in banking institutions has undergone significant evolution due to regulatory changes, technological advancements, and lessons from financial instability. Read more from Arcesium here: https://lnkd.in/e8vFhzBG

Trio of BNY asset servicing executives promoted to managing director Custodian’s global head of network management among the latest cohort to reach MD level.