Custody and Fund Administration
T2S Leads BNY Mellon to Expand European Settlement Data Capability
Target2-Securities platform catalyzes bank's ISO 20022 upgrade
BNY Mellon Forms Global Collateral Management Arm
New division follows on global custodian's strengths and will include a collateral management technology platform.
Generation Investment Management Re-ups with Northern Trust
Covering custody, investment operations, and other services, the outsourcing reappointment comes after an initial agreement in 2005.
Knight Adds FCM with Acquisition of Penson Futures
Move reflects shift toward electronically traded futures and industry demand for independent clearing.
Pershing Introduces Enhanced Collateral Management Applications for Funds
PrimeConnect will help funds track movement of collateral from custodians to prime services, as well as tri-party agreements.
Thomson Reuters' Beta to Connect Dealers to DTCC's Alternative Investments Custody, Clearing
Partnership follows on SEC rule change in March allowing the NSCC to undertake comprehensive processing of alternative investments.
BNY Enhances Margin Direct with New Notification Tools
Liquidity management tool to provide institutional investors with notification of exclusive control and termination, attachment capability.
RBC to Take Full Ownership of RBC Dexia Investor Services
Remaining stake in custody and fund administration provider to be bought for C$1.1 billion in cash.
Custody is the Rule: NSCC Building Better Alternative Investments Processing Automation
Strengthening the market for securities custody, NSCC's new automated possession and control functions will further improve the DTCC's administration of alternative investments. By Tim Murray