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Showing 1 - 10 of 672 results for "custody"

NZ Super awards mandate to Northern Trust

ANDREW MCKEAN  |  THURSDAY, 6 JUN 2024
... away from legacy technology. Northern Trust has been working with the NZ Super Fund since 2007, initially offering global custody and compliance monitoring services, and later adding securities lending in 2019. Northern Trust Asset Management has also ...

Monochrome launches Bitcoin ETF amid first-mover dispute

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
... IBTC) holdings are stored offline in a secure device. Monochrome said this storage method meets Australian institutional custody regulatory standards. Monochrome chief executive Jeff Yew said he is excited to bring the ETF to market. "This aligns with ...

Emissions data demand drives tech growth

ROSE MARY PETRASS  |  TUESDAY, 4 JUN 2024
... To ensure confidentiality of sensitive information, the tech is based on PCAF-aligned output through a clear chain of custody. "There are not enough consultants in the world to manage the amount of data and analysis that will need to be undertaken for ...

Former director sentenced to seven years in prison

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
... months imprisonment, with eligibility for parole from 5 July 2024. The court considered the time Ali already spent in custody since November 2021 when imposing the sentence. Judge Heaton KC said Ali's offending involved a level of sophistication, over ...

Equip Super awards custody mandate

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2024
... to replace NAB Asset Servicing. Northern Trust won the mandate to provide asset servicing solutions that include global custody, fund administration and portfolio analytics. It replaces NAB Asset Servicing, which flagged in 2022 that its parent company ...

Citi scores $13bn custody, admin mandate

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
... our strong growth trajectory," Fiducian executive chair Indy Singh said. In 2023, Citi grew its Australian assets under custody and administration by 14%, including through mandates from Ausbil Investment Management and Prime Super, both of which were ...

Perennial renews contract with SS&C

KARREN VERGARA  |  WEDNESDAY, 3 APR 2024
... The re-appointment follows Perennial selecting HSBC as its fund administrator and custodian. HSBC now provides global custody, fund administration, and ETF administration services to Perennial's funds and in 25 markets. At the end of 2023, Perennial ...

Evolution of investment operations spurs new recruitment trends

JAMIE WILLIAMSON  |  TUESDAY, 2 APR 2024
... However, this can vary depending on the team's size and complexity of operations; it also differs across sector, be it custody, superannuation, or funds management. Meantime, an investment operations manager with at least 10 years' experience could command ...

Bitcoin investing is on the rise, but more regulation is needed

ELIZA BAVIN  |  WEDNESDAY, 27 MAR 2024
... Australia, Australia's peak Blockchain industry body, Zeng identified three policy areas for attention: Narrow scoping of custody obligations around centralised brokerages and exchanges first as they present the greatest risk to Australians. Requiring ...

Iress sells platforms business

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... certain milestones are met. IOPB offers financial products and services that include superannuation, non-superannuation, and custody and administration. Last October, Iress sold its managed funds administration (MFA) business to SS&C for $52 million. ...
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