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Showing 181 - 190 of 669 results for "Custody"

Trustee firm expands into fund administration

JAMIE WILLIAMSON  |  WEDNESDAY, 13 NOV 2019
... out Sargon's 'full stack' technology solution for our clients, from front to back, including government integrations, custody, administration, robo advice, investment, and member registry - all the way up to APIs that can transform the member experience." ...

Recognition for industry leader in fight against slavery

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
... chains of superannuation trustees often involve outsourcing of activities from investment management, administration, custody, member benefit insurance, and professional services - trustees will need to ensure that adequate information is available under ...

Job cuts at RBC I&TS

KANIKA SOOD  |  MONDAY, 30 SEP 2019
... aligned with our global operating model," an RBC spokesperson said. The program refers to transitioning RBC's Australian custody clients from a third-party software called Hi-Portoflio to another third-part software called Milvus. This part of the ...

Northern Trust to clear high-value payments

KANIKA SOOD  |  WEDNESDAY, 25 SEP 2019
... Clearing System (HVCS), which clears big-ticket payments averaging $2.5 million for a total of $100 billion every day. The custody bank will now be able to settle its own high value payment obligations on a real-time gross settlement basis via the Reserve ...

Northern Trust tests waters for ETFs

KANIKA SOOD  |  THURSDAY, 19 SEP 2019
... under review]." Northern Trust is the sixth-largest custodian in Australia with more than $400 billion in assets under custody and prime contracts for many not-for-profit funds such as Future Fund, QIC, Commonwealth Superannuation Corporation (CSC) ...

Merger costs may impact short-term returns: ASI

KANIKA SOOD  |  WEDNESDAY, 4 SEP 2019
... Marshman asked. "That's another one to manage from a timing point of view... [I guess it is how you] bring together the custody side of the business, whether you've got any contracts that would go for a longer period. They are things to be considered ...

Northern Trust hires from State Street

KANIKA SOOD  |  TUESDAY, 3 SEP 2019
... Africa (EMEA). Northern Trust is the sixth-largest custodian in Australia, with an 11.5% share of Australia's total custody assets and prime government clients such as Future Fund, QIC, Commonwealth Superannuation Corporation (CSC), Government Employees ...

Mainstream shelves super admin business

KARREN VERGARA  |  TUESDAY, 20 AUG 2019
... Superannuation administration, which was one of Mainstream's three core offerings, next to fund administration and custody, contributed 8% to the group's $50 million revenue earned in FY19. "It underperformed during the period due to client losses ...

J.P. Morgan loses custody contract

KANIKA SOOD  |  FRIDAY, 12 JUL 2019
... technology." Funds SA manages money for public sector superannuation schemes, insurers and endowment funds. Total assets under custody stand at $3.58 trillion, after falling 1.2% in the half year to December following lackluster markets, according to ...

State Street cops $125m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUL 2019
... State Street has paid more than $125 million to settle charges for adding undisclosed markups on expenses related to the custody of client assets. In a settlement, State Street Bank and Trust Company has paid $125 million (USD88 million) after the Securities ...