Northern Trust officials say the custodian bank has expanded its fund services relationship with Avanda Investment Management and will be supporting Avanda’s implementation of the mandate granted by the Monetary Authority of Singapore (MAS). The MAS is Singapore’s central bank and integrated financial regulator, and it works with the financial services industry to develop Singapore… Read More >>
FIS Targets ‘Overlooked Post-Trade Infrastructure’
Financial technology provider FIS has launched the FIS Asset Servicing Management Suite, which company officials say is “a comprehensive suite of automated and integrated solutions” intended to “unlock operational efficiency” in asset servicing. “The suite combines the traditionally separate critical functions of corporate actions processing, proxy voting, class actions claims, operational claims, and tax reclaim… Read More >>
BNY to Provide Support for WisdomTree Prime
WisdomTree, Inc. has appointed the Bank of New York Mellon Corp. (BNY) as its banking-as-a-service (BaaS) infrastructure provider for WisdomTree Prime, a retail platform for tokenized assets and cryptocurrency, officials say. WisdomTree is BNY’s first retail digital assets BaaS client. WisdomTree is an exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager. “WisdomTree… Read More >>
JP Morgan Embraces Tokenization for PE Funds
J.P. Morgan Private Bank, J.P. Morgan Asset Management, and Citco have completed a first by processing a tokenized private equity fund via the Kinexys Fund Flow solution from the Kinexys blockchain business unit of J.P. Morgan, officials say. The new solution “collects, harmonizes, and records investor register and transactional data” for the Kinexys Digital Assets… Read More >>
ISDA & Tokenovate to Push for CDM-Based Ops
The International Swaps and Derivatives Association (ISDA) and Tokenovate, a provider of workflows supporting collateral and post-trade management, have launched a task force within the Fintech Open Source Foundation (FINOS) to hasten the creation of operations that leverage the Common Domain Model (CDM). The task force effort is in response to “growing market demand for… Read More >>
SIFMA Conducts Tests of Industry BCP/DR Plans
Late last month, securities firms, market infrastructure providers, and key third-party organizations participated in the 2025 SIFMA Industry Business Continuity Test, which scrutinized the capabilities of firms, markets, and utilities to operate during and after a crisis, according to the Securities Industry and Financial Markets Association (SIFMA). The testing on Saturday, Oct. 25, was industry-wide,… Read More >>
Tokenization Stalled by Regulatory Uncertainty: Broadridge Survey
Asset and wealth managers are dragging their feet when it comes to the adoption of tokenized assets, according to a new poll from securities operations services and systems giant Broadridge Financial Solutions, with 70 percent of all financial institutions surveyed citing “regulatory uncertainty” as a cause for their hesitancy. Yet, according to Broadridge’s 2025 Tokenization… Read More >>
IBM & Dfns Build Digital Assets Custody Platform
Big Blue has launched IBM Digital Asset Haven, a digital asset platform for financial institutions, governments, and corporations that need to “manage and scale their digital asset operations,” officials say. The new platform, developed in collaboration with Dfns, a digital wallet infrastructure provider that says its offering can help integrate “the full-stack infrastructure and security… Read More >>
Canada’s ATB Financial Taps Murex for Compliance
ATB Financial officials report that they have “successfully met Canada’s updated derivatives reporting rules, known as the 2025 Canada Rewrite, through the MXSaaS solution” from Murex. The MXSaaS offering facilitates the integration of the MX.3 platform into the cloud, where dedicated Murex experts fully manage it, according to officials. The platform is intended to help… Read More >>
Charles Schwab Integrates Pave’s Platform for RIAs
Charles Schwab, a custodian for registered investment advisors (RIAs) and a major retail brokerage firm, is offering integrated access to the wealth management platform from Pave Finance, Inc., according to officials. The move helps RIAs “to link their Schwab client accounts directly to Pave for automated portfolio construction, management, and trading, all without moving a… Read More >>
