Zodia Custody (Ireland) Limited has been added to the Central Bank of Ireland’s Virtual Asset Service Provider Register, and is now authorised to provide commercial services to clients in Ireland. Zodia Custody, an institutional cryptoasset servicing company headquartered in London, established its Irish subsidiary in August 2021. Zodia Custody is a wholly owned subsidiary of…
Category: NTRS
Fox joins Northern Trust
Seamus Fox has joined Northern Trust as a sales director, based in Hong Kong. He was previously at TMF Group.
Northern Trust recommits to FX Global Code
Northern Trust has renewed its statement of commitment to the FX Global Code. By renewing the statement, Northern Trust is committed to adhering to the code and its principles when acting as a market participant in the foreign exchange market. The FX Global Code is a set of principles of good practice in the FX…
Zodia Markets granted FCA registration
Zodia Markets, a UK-based cryptoasset exchange and brokerage for institutional clients backed by Standard Chartered, has received cryptoasset registration from the UK Financial Conduct Authority (FCA) and has officially launched its institutional crypto exchange and brokerage business. Zodia Markets’ registration marks the first time a crypto trading business backed by a leading international bank has…
Border to Coast appoints Northern Trust for RE business
Border to Coast Pensions Partnership has selected Northern Trust as its third-party administrator and depositary to support its future real estate investment management capabilities. Northern Trust will deliver fund accounting, custody services and investment operations support for the real estate capability, alongside depositary services. The new real estate business will see two global indirect property…
Northern Trust upgrades liquidity management tool for FOS
Northern Trust has launched an enhanced liquidity management data tool on its Front Office Solutions platform. The web-based tool gives asset owners with significant allocations to private market assets better control over their liquidity through unified and customised reporting. The web-based liquidity management module offers users a comprehensive view of their portfolio’s liquidity based on…
Northern Trust wins Kuwait mandate
Northern Trust has been appointed by Arab Fund for Economic and Social Development (AFESD) to provide a range of asset servicing solutions covering global custody, financial reporting, securities finance, private equity administration, performance measurement and compliance monitoring. AFESD, based in Kuwait, is a regional financial institution focused on funding economic and social development by financing…
Northern Trust combines digital and traditional asset services
Northern Trust has established a digital assets and financial markets group, led by Justin Chapman, currently global head of market advocacy, innovation and research. The new group combines the teams responsible for supporting digital asset markets and the traditional network management teams.
Northern Trust wins UK investment trust mandate
Northern Trust has been appointed to provide global custody, fund accounting, depositary services and its outsourced trading service, Integrated Trading Solutions, to International Biotechnology Trust and its investment manager, SV Health Managers. Founded in 1994, International Biotechnology Trust is a UK investment trust that is traded on the London Stock Exchange. Its objective is to…
Northern Trust appoints vice chairmen
Northern Trust has appointed two vice chairmen. Longtime Northern Trust leaders Dave Blowers, president of national services in wealth management, and Lyle Logan, managing director, financial institutions group, have been named as vice chairmen. Their responsibilities include key strategic initiatives and the development of select clients and prospects globally. Blowers continues to report to wealth…