Euroclear has launched a plan to establish a single market for post-trade services across asset classes. This initiative, aimed at enhancing the efficiency and effectiveness of the European market infrastructure, will support the Savings and Investments Union‘s (SIU). Euroclear is committing to provide a single point of access to all 27 member states across all…
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NTRS joins Project Acacia down under
Northern Trust is working with Swift to explore how tokenised assets, such as carbon credits, can be transacted using a commercial bank account in Australia. The initiative, which aims to demonstrate how digital asset innovation can connect with core components of the financial system, is part of Project Acacia, a research project led by the…
Goji & Endava join forces
Endava, a business transformation group, has formed a partnership with Goji, the Euroclear-owned digital solutions provider for private funds. Goji and Endava have developed an Accelerated Integration Gateway Framework, an out-of-the-box, scalable, adaptable solution that decreases time to market and maximises return on investment, helping Goji and its clients to experience and deliver value more…
Ripple appoints BNY for RLUSD custody
Ripple, a provider of digital asset infrastructure for financial institutions, has appointed BNY as primary custodian of Ripple USD (RLUSD) reserves. BNY will serve as the primary reserve custodian of RLUSD,. In addition, BNY will provide transaction banking services to underpin RLUSD’s operations and deliver integrated solutions.
Clearstream partners with Carlyle
Clearstream, Deutsche Börse Group’s post-trade services provider, has established a collaboration with Carlyle, the global investment firm, to broaden the distribution of Carlyle’s open-ended private markets solutions to wealth management clients. This partnership will leverage Clearstream Fund Services’ distribution platform, simplifying access to private market funds for a wider investor base. It aims to improve…
Apache selects Ocorian
Ocorian, a C.I.-based provider of fund and corporate administration services, has been appointed by Apache Capital Partners, a UK real estate investment manager, to provide fund administration, fiduciary and accounting services on its build-to-rent (BTR) platforms.
GemLife Partners with Equity Trustees
In Australia, GemLife has partnered with Equity Trustees as the responsible entity and custodian for the GemLife Communities Group Fund. This was the first fund to list under ASIC’s fast-track IPO process, which aims to improve market efficiency while maintaining strong investor protections.
Broadridge to acquire Acolin
Broadridge Financial Solutions has agreed to acquire Acolin, a European provider of cross-border fund distribution and regulatory services. Acolin will extend Broadridge’s services in Europe, expand its regulatory fund communications services to include additional compliance operations, integrate capabilities to support fund creation, and broaden its distribution insights to better support the needs of European and…
LemonEdge appoints president
LemonEdge, the fintech, has appointed David Thomas O’Malley as president. He most recently served as president of Numerated,where he led international expansion and commercial strategy through to its acquisition by Moody’s. Prior to that, he held senior leadership roles at SAP, Oracle and FIS.
Carne buys Mizuho ManCo
Carne Group, the European third-party ManCo, has completed the acquisition of Japan Fund Management (Luxembourg) S.A. (JFML) from Mizuho Trust & Banking (Luxembourg) S.A. JFML manages approximately USD5bn and supports the overseas investments of Mizuho’s Japanese institutional clients. Carne is acquiring the entire issued share capital of JFML,