BNY has expanded its Digital Asset Platform with the launch of Digital Asset Data Insights, designed to deliver both on- and off-chain data across blockchain networks. With the data on-chain capability, BNY will broadcast select fund accounting data to the Ethereum network, enabling further utility of public blockchains. Using smart contract technology, BNY will automate…
HSBC has hired Jane Masen as global head of custody, effective immediately. She is based in London, reporting to Fiona Horsewill, global head of securities services. She joins from J.P. Morgan, where she was global head of network management. Suvir Loomba has been global head of custody since 2022, and will continue in his role…
BNP Paribas has unveiled further integration of its multi-asset servicing capabilities with Bloomberg AIM, a buy-side order and investment management technology solution. The extended feature enables additional direct, standardised data connectivity between global fund accounting solutions and Bloomberg AIM, facilitating front-to-back data integrations for mutual buy-side clients. The solution has been deployed to several EMEA…
Zürcher Kantonalbank, Switzerland’s largest cantonal bank, has listed four ESG ETFs on the SIX Swiss Exchange. Three are domiciled in Ireland and one in Switzerland. HSBC is acting as AP and providing custody, depositary, fund administration and transfer agency services for the three ETFs domiciled in Ireland, which make up ZKB’s inaugural Ireland-domiciled ETF umbrella.
Euroclear has adopted the BBH account opening API. Account opening requests and confirmations can now be sent electronically between BBH and Euroclear using the API, resulting in faster account opening times and a more scalable process for the platform. This reduces the time it takes to get money flowing into funds, giving the end investor…