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Showing 1 - 10 of 664 results for %22Custody%22

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. ...

HSBC wins $23bn in admin, custody mandates

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
HSBC's local custody business may be turning its fortunes around, growing its assets under custody and administration by close to 40% with two fresh mandate wins. According to the latest Australian Custodial Services Association (ACSA) statistics, HSBC ...

Fund manager awards custody mandate

KARREN VERGARA  |  TUESDAY, 20 FEB 2024
... custodian NAB Asset Servicing (NAS) exiting the market. NAS has referred some of its clients to Citi and gave its Australian custody client base the option to transition. Citi has served as NAS's global custodian since 2016. Ausbil chief executive ...

Bell Asset Management looks to exit RE services

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... Trust Company as RE. The fund manager is currently RE of all three funds. It is also trustee and is responsible for the custody of assets, appointment and supervision of service providers, the provision of accounting, taxation and other services and ...

MSC Trustees acquires Certane Corporate Trust

KARREN VERGARA  |  FRIDAY, 19 JAN 2024
... has some $30 billion in funds under appointment in acquiring the division of the Certane Group, which provides retail custody, and trustee and agency services to asset managers and financial product issuers. The purchase price was not disclosed. Certane ...

SimCorp names new country manager for Australia

ANDREW MCKEAN  |  TUESDAY, 16 JAN 2024
... was most recently head of securities services for HSBC in Australia and New Zealand. His past roles also include head of custody and fund services at Citi as well as executive director of relationship management and sales at JP Morgan. "Australia plays ...

Citi broadens custody offering

ANDREW MCKEAN  |  MONDAY, 18 DEC 2023
... their Australian business," England said. Citi Securities Services has approximately US$27.1 trillion of assets under custody, administration, and trust worldwide.

BNP Paribas acquires HSBC's hedge fund admin business

CHLOE WALKER  |  WEDNESDAY, 22 NOV 2023
... front-to-back liquid alternative and hedge fund outsourcing solutions" from core fund administration, through to depositary, custody, cash, FX, financing, global markets, and prime brokerage solutions." BNP Paribas head of strategic business development ...

Wealth managers seek better data warehouse solutions: BNP Paribas

CHLOE WALKER  |  FRIDAY, 10 NOV 2023
... Paribas' head of APAC securities services Franck Dubois agreed that clients want to consume their data in real-time. "In the custody space particularly, we are starting to use AI to help clients have a clear vision understanding this data," he said. ...
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