BNY Mellon has launched three new data and analytics solutions offerings: Data Vault is a cloud-based data and analytics platform that supports the rapid onboarding of data to provide greater flexibility and accelerate client innovation and discovery. Combining this with a scalable, machine-learning approach to data quality, users can more quickly and easily interact with…
Category: Product
HSBC launches UK TA product
HSBC Securities Services has launched its UK transfer agency business, servicing both retail and institutional investors, supported by a new Edinburgh-based operation with 80 staff managing back-office processing and contact centre functions. The UK becomes the thirteenth market where HSS offers transfer agency.
Northern Trust launches new series trust
Northern Trust has launched Datum One Series Trust, the second trust it now offers. Advisers Investment Trust, launched in 2011, has grown to approximately USD18bn in assets. The series trusts allow managers to focus on distributing their funds under their own brand name and marketing strategy while leveraging Northern Trust’s infrastructure and back-office services.
BP2S uses NLG to generate client reports
BNP Paribas Securities Services is using natural language generation (NLG) to help clients with monitoring and oversight of their operations. Along with traditional monthly statistics reports providing in-depth data on their operations, BP2S clients will receive analysis and commentaries on their assets under custody, settlement, corporate actions and income activities. This one-page executive summary, written…
BNY Mellon to build out FX presence in Singapore
BNY Mellon plans to build a high-performance FX pricing and trading engine in partnership with the Monetary Authority of Singapore. The bank will establish new low-latency electronic FX infrastructure in Singapore, helping to improve execution quality and price discovery for clients initially in spot, and subsequently in deliverable and non-deliverable forwards and swaps. This follows…
REYL launches fund representation solutions in Switzerland
REYL & Cie, the Swiss bank, has expanded its asset services business line to offer Fund Representation Solutions. This complements the services already on offer for international fund managers by representing foreign collective investments for distribution in Switzerland. The new fund representation solutions team, with Philippe Steffen, head of operations, and Colin Vidal, head of…
Pierre Mottion joins Cleastream as head of DLT
Pierre Mottion has joined Clearstream as head of DLT and strategy within the company’s investment fund services business, reporting to Bernard Tancré. He was previously global head of transfer agency and fund distribution product at BNP Paribas Securities Services. Mottion will work closely with FundsDLT, the start-up distribution platform in which Clearstream has a stake.
HSS in India launches DerivEasy for F&O trade management
HSBC Securities Services in India has launched DerivEasy, a web platform that will allow HSBC’s institutional investors to get access to near real-time information on their futures and options trades. DerivEasy aims to simplify the trade validation process, whilst supporting investors in monitoring of margin requirements on existing and prospective trades, collateral utilisation, and position…
Northern Trust links to Aladdin
Northern Trust has struck an alliance with BlackRock to deliver operations, data, and servicing capabilities to mutual clients. These new capabilities, delivered through Aladdin, BlackRock’s investment management and operations platform, aims to provide clients with increased efficiency, interoperability and transparency across the back, middle and front office. The relationship with BlackRock currently supports mutual clients…
J.P. Morgan forms alliance with Bloomberg
J.P. Morgan Securities Services and Bloomberg have formed an alliance that brings together Bloomberg AIM, an investment and order management system, with J.P. Morgan’s back-office technology. The offering is now live and in production with the first joint client and is being made available to other buy-side clients.