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BoNY Goes Up North

The Bank of New York is to provide corporate actions processing for Scandinavian banking group Nordea as part of a global custody agreement between the two. Nordea currently uses a network of sub-custodians around the world. BoNY will also be responsible for related technology and infrastructure outside the Nordic region, says Birger Gezelius, head of Nordea's Financial Institutions division.

CSFB Connects with Relegence

In the next few months, Credit Suisse First Boston will

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Waters Wrap: GenAI and rising tides

As banks, asset managers, and vendors ratchet up generative AI experiments and rollouts, Anthony explains why collaboration between business and tech teams is crucial.

Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

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