custody

Oct 26, 2015

Cost cutting aheadState Street is axing 600 staff globally to save $50 million (€45.3 million) as part of a wider cost-saving drive, the firm has said.

Oct 16, 2015

Process automationTechnology is at the heart of the Sibos conference and has the power to transform the funds industry. But are firms throwing their weight behind automation? What use can they make of ‘big data’? We asked a number of experts.

Oct 16, 2015

Walking awayWill investors be happy to give up local, sub-custody providers? Nicholas Pratt finds the arrival of centralised settlement means they may have to.

Oct 08, 2015

Global handshakeLynx Asset Management, a Swedish asset management firm, has awarded a $1 billion (€888.5 million) fund administration mandate to HSBC Securities Services (HSBC SS) for two onshore funds.

Oct 07, 2015

Table mountainSociete Generale Securities Services (SGSS) in the UK has won an investment outsourcing mandate from PSG Wealth, a South African wealth management firm. The mandate covers PSG Wealth’s foreign assets.

Sep 25, 2015

William Tyree BBHBrown Brothers Harriman (BBH), a custody bank and asset manager, has appointed William Tyree – its current head of investor services – as its managing partner, the most senior role.

Sep 18, 2015

Rafael Moral SantiagoHSBC Securities Services, a custody bank and asset servicer, has appointed Rafael Moral Santiago as its European head.

Sep 16, 2015

Data managementRBC Investor & Treasury Services (RBC I&TS) is harnessing big data to provide information on international Ucits fund distribution.

Sep 11, 2015

Mud raceNext March, Ucits V will entrench a more transparent, if more severe, environment for securities lending. The landscape for funds to benefit from lending is still difficult, but getting clearer, finds Hugo Cox.

Sep 11, 2015

This year’s survey shows that scale is as important as ever to global custodians – but headcount and operational costs will also prove key, writes Nicholas Pratt.

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