Northern Trust has been appointed by Azimut (DIFC) Limited to provide asset servicing and portfolio reporting for its Dubai International Financial Centre (DIFC) funds in the Middle East.
A culture shift is needed in the institutional investment industry to prioritise ‘soft’ factors like diversity rather than a single-minded focus on financial performance, says not-for-profit research group the Thinking Ahead Institute.
Sterling Trading Tech, a provider of compliance, risk and infrastructure solutions for equity, options and futures trading, is committing resources to support a non-profit urban youth financial education, training and mentoring organisation, Wall Street Bound.
Chris Junge has been appointed as Vice President of Customer Success at LiquidtyBook, a Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions.
The Covid-19-led recession will likely weigh on credit metrics well into 2023 from the combination of lost output and debt overhang, threatening corporate solvency, says S&P Global Ratings. The firm also believes the shape of recovery will differ from previous crises, with a wide range of outcomes across industries and geographies, and accelerating some secular industry shifts.
Financial services firms accelerating technology transformation to navigate the pandemic, finds Broadridge
More than half of financial services companies plan to accelerate implementation of their next generation technology strategies, according to a new global survey of 500 financial services C-Suite executives and their direct reports released today by Broadridge Financial Solutions, a global fintech leader.
ESG investing continues to gain momentum and prominence among global institutional investors as they increasingly look to benchmark not only the performance of funds in their portfolios but the impact they have on the world.
BNP Paribas Securities Services, a leading global custodian with USD10.6 trillion in assets under custody, has automated the processing of key asset servicing documentation, a major milestone in the bank’s digital transformation programme.
The coronavirus crisis has led to a surge in convertible bonds on the market, with second quarter issuance exceeding USD67 billion as opposed to an annual average of USD100 billion over the past decade.
UniСredit and ACTIAM have joined Trad-X's dealer-to-client (D2C) electronic central limit order book (CLOB) as a dealer and non-dealer, respectively.