The Association of National Numbering Agencies (ANNA), a global organization that supports International Organisation for Standardization (ISO) benchmarks, has taken what it calls a logical next step by incorporating Digital Token Identifiers (DTIs) into the ANNA Service Bureau (ASB), making it easier for securities firms to incorporate DTIs into data and operational processes, officials say…. Read More >>
First Plus Asset Management Taps SS&C
First Plus Asset Management (FPAM) reports that it has expanded its relationship with SS&C Technologies by picking the provider for operations support across Asia as part of an initiative for FPAM to service “its growing cross-border operating model.” SS&C will provide the multi-asset investment management firm with solutions “across the full investment lifecycle” via an… Read More >>
MarketAxess to Join ICE for $5.7 Billion
Officials at the Intercontinental Exchange (ICE) confirm that they are acquiring fixed-income trading platform provider MarketAxess Holdings Inc. for approximately $5.7 billion to offer a single, unified platform across all segments of a fragmented and opaque market with an estimated $145.1 trillion in outstanding debt. The combination of fixed income services from both providers will… Read More >>
BNY Launches Transfer Agency Support for Digital Assets
Custody giant BNY has launched Digital Transfer Agency (TA) capabilities by extending the firm’s TA books and records services to support digitally native funds, and BNY Investment Dreyfus, Baillie Gifford, and BlackRock are among the first issuers of the new fund servicing capabilities, officials say. “The service will initially launch with select clients in the… Read More >>
Franklin Templeton Digital Assets Is a ‘Super Validator’
Franklin Templeton Digital Assets officials say they are deepening their commitment to the Canton Network by becoming a Super Validator for the blockchain infrastructure. The announcement came via a recent posting on the X social media channel. “Financial institutions shouldn’t just use blockchains. They should help run them. TradFi and DeFi are becoming one. @CantonNetwork… Read More >>
Fees Still Determine Choice of Derivatives Clearing Broker
Buy-side firms participating in derivatives markets say that fees constitute the top determining factor in their choice of clearing brokers. But firms also value a clearing broker’s capabilities to access markets and products, the quality of transaction execution, and the operational processes they offer, according to “Execution and clearing: What the buy side expects from… Read More >>
Rogue A.I. Models Can Attack
By now, you probably have heard about the rogue artificial intelligence incident where “cyber-capable” OpenAI models acted on their own and created havoc with Hugging Face, a company that describes itself as “The Home of Machine Learning.” OpenAI created ChatGPT. The AI-based hack has sent shock waves across multiple industries, C-suites, and boardrooms, including, I… Read More >>
Why Tokenization Makes ISO 20022 Migration Unavoidable
(Tokenization has a little problem with decimalization that could become a big argument for fully embracing ISO 20022. So says Paul Fullam, the 2026-27 Chair of ISITC, a global industry trade group. Fullam is also a senior business consultant at FIS Global, and a securities operations veteran. “The problem is how far out past the… Read More >>
Allspring Adds Distribution Data Support to SS&C Engagement
Independent asset management firm Allspring Global Investments has added to its long-term agreement with SS&C Technologies by choosing SS&C SalesConnect as its primary sales data management solution for all intermediary distributed products in the U.S., officials say. Allspring has $642 billion in assets under advisement. Allspring is an existing customer of SS&C’s suite of services… Read More >>
ICE Launches Identifiers for Private Credit Instruments
The Intercontinental Exchange (ICE), owner of the NYSE, has launched a classification service to create “unique, persistent identifiers (IDs) for private credit instruments,” a key focus of the ICE Private Credit Intelligence initiative to establish a master data structure for private credit, officials say. The private credit initiative, led by ICE and private equity giant… Read More >>
