Year: 2024

CACEIS now offers broker-dealers, market makers and banks the opportunity to trade on the ARTEX trading venue, with support from CACEIS’ clearing & settlement services. ARTEX is a multilateral trading facility on which shares in world-famous, iconic works of art are traded. The shares in the artworks are tradable and transferable securities just like all…

Monochrome, an Australia-based ETF manager, has launched the country’s first directly held Bitcoin ETF. Vasco Trustees Limited is the Responsible Entity (trustee) of the fund and has engaged State Street as cash custodian and administrator for the ETF. Vasco has also appointed Gemini Trust Company, LLC as the fund’s Bitcoin custodian.

Vistra, the Asia-based provider of business services, has appointed Fenergo, the provider of digital solutions for KYC, transaction monitoring and CLM, to deliver frictionless global onboarding. Vistra’s global incorporations team is collaborating with Fenergo to deploy its SaaS-based CLM product to digitally transform processes for global entity onboarding, KYC and ongoing due diligence.

SS&C has opened an office in India’s Gujarat International Finance Tec-City (GIFT City). The International Financial Services Centres Authority has licensed SS&C GlobeOp to provide fund administration and compliance services to alternative investment funds and other funds domiciled in the economic opportunity zone. SS&C has been in India since 2003, and now has 12 offices…

Ripple, the UK fintech, has completed the acquisition of Standard Custody & Trust Company, a U.S.-based regulated custodian for digital assets. The acquisition adds a limited purpose trust company regulated by the New York Department of Financial Services, and follows the 2023 acquisition of Metaco, a Swiss-based provider of digital asset custody and tokenisation technology.…