Year: 2026

Euronext, the European capital markets infrastructure, and BNY are collaborating to enhance the collateral management capabilities of Euronext Clearing across asset classes, notably for cleared repo. By leveraging BNY’s collateral infrastructure and USD7.8trn liquidity pool, this collaboration will enhance the collateral management capabilities of Euronext Clearing, enabling members to manage their cleared activity more efficiently, including…

Northern Trust has received a licence from the Central Bank of Ireland for the establishment of The Northern Trust Company, Ireland Branch. This new banking branch will provide a range of custodial, banking and capital markets services, including domestically regulated banking services for Ireland-domiciled clients. Its activities will complement those of Northern Trust Global Services…

SS&C is to take on the operational management of the M&G Platform. M&G retains full ownership of the platform and responsibility for all key strategic, regulatory and commercial decisions. Under the extended agreement, SS&C will manage operations for the M&G Platform, a key distribution channel for M&G’s GBP70bn (GBP94bn) PruFund. As part of the agreement,…

The Highvern and Permian Group plans to acquire Guernsey-based Oak Fund Services, part of The Opera Group. Oak Fund Services supports alternative investment structures, including private equity, real assets and infrastructure. The business is led by James Tracey who, following completion of the acquisition, will become head of funds, Guernsey for the group.

Tatyana Boger has re-joined Langham Hall, the UK administrator, as head of fund administration in Luxembourg after a brief period as partner at a professional services business. Having originally joined Langham Hall in 2015, she went on to spend more than ten years with the firm.

Apex is one of the participants in the launch of a blockchain-native real estate fund, developed in collaboration with Archax, Goldman Sachs, LRC Group, and Ownera. Apex is providing AIFM services through Fundrock LIS, along with fund administration and depositary services of assets other than financial instruments through its Luxembourg office, and bank account services…

Northern Trust has applied for exemptive relief to offer ETF share classes alongside existing mutual fund share classes for certain adviser series within its two sponsored series trusts: Advisers Investment Trust and Datum One Series Trust. Subject to regulatory approval, the ability to offer ETF share classes alongside mutual fund share classes in a single…

State Street has been selected by Principal Financial Group, a financial services company specialising in retirement solutions, asset management and insurance, to provide custody, fund accounting and administration services for Principal Funds. The mandate builds on a relationship between State Street and Principal that spans more than a decade, during which State Street has supported…