BNP Paribas’s securities services business has enhanced its investment compliance screening capabilities to include a range of ESG criteria. The new service enables asset managers and asset owners to incorporate customisable and flexible ESG criteria into their portfolio monitoring. The service employs a range of data feeds from external and internal sources to enable asset…
Category: Product
SC signs MoU for Dubai digital custody
Standard Chartered Bank has signed a memorandum of understanding with the DIFC Innovation Hub to launch digital asset custody services in Dubai, powered by Zodia Custody.
State Street launches carbon asset service
State Street has launched a carbon asset servicing solution and depositary services to enable clients to integrate carbon-related assets into their portfolios. State Street aims to simplify the management of carbon assets for clients. Additionally, clients accessing the solution will be able to incorporate carbon assets into both existing ESG and non-ESG portfolios, using State…
Citi hires global head of custody prod dev
Citi has appointed Mike Hughes as global head of custody product development. He will be responsible for the custody strategy across all Citi’s proprietary markets and global models. He joins from Ocorian, a C.I.-based independent administrator. Prior to that, he was at J.P. Morgan. Based in London, he will report to Matthew Bax, global head…
BNY Mellon and FRT expand agreement
BNY Mellon has expanded its 2021 agreement with Financial Recovery Technologies (FRT), a global securities class actions recovery provider, to cover North American class action filing and recovery service, including broader access to comprehensive non-U.S. alerts for global markets. Headquartered in the U.S., FRT has more than 2,500 institutional clients worldwide who deploy FRT’s class…
LemonEdge partners with it|venture
LemonEdge, the private equity fund accounting and administration software, has struck a partnership with it|venture, a UK-based provider of technology services to the private capital markets sector. The partnership will offer private equity firms and fund administrators a single, end-to-end, automated data platform. it|venture’s Connect platform specialises in streamlining the process of implementing integrations between…
Broadridge launches front-to-back solution
Broadridge, the U.S.-based fintech, has launched a trading solution that enables clients to achieve increased STP and efficiency, better trading decisions and client insights, improved controls, and reduced risk. The new solution aims to enable clients of Broadridge Trading and Connectivity Solutions to achieve greater agility and faster time to market, improved scalability, and reduced…
Northern Trust launches mobile app for FOS
Northern Trust has introduced a mobile app for its Front Office Solutions (FOS) platform. The app is available on the Apple App store for iOS devices and Google Play for Android devices. FOS is a cloud-based investment lifecycle platform that enables investment offices to view and analyse portfolio and investment information across all asset classes…
BNPP upgrades CapLink
BNP Paribas’s securities services business has upgraded its digital offering to alternative fund managers and their investors with the release of two enhanced solutions: CapLink Investor and CapLink Private. CapLink Investor is a platform for fund managers, investors, and authorised contacts, offering information and insights across their fund holdings. CapLink Private offers digital reporting through…
Clearstream establishes bank
Clearstream, the post-trading services provider owned by Deutsche Börse, has established Clearstream Fund Centre S.A., a bank based in Luxembourg dedicated to serving institutional fund investors. The new entity operates under a commercial banking licence in Luxembourg. It will be part of Deutsche Börse’s and Clearstream’s Fund Services business segment, which provides fund execution, distribution…