Category: Bank Providers

The Nebraska Investment Council (NIC) has selected Northern Trust to provide asset management and asset servicing solutions, including custody, portfolio analytics and securities lending, for its pension fund. The NIC is an independent state agency that manages USD37.5bn across 32 investment programs. NIC provides investment services to the state of Nebraska and is responsible for…

Zodia Custody, the digital assets custodian, has launched Interchange Connect, which it claims will make it the most connected custodian for institutional digital asset custody. Interchange Connect is a network of networks across the spectrum of institutional-focused digital asset custody services. Additionally, Zodia has established a collaboration with Copper’s Clearloop Network to provide greater optionality…

Zodia Custody, the UK-based digital asset custodian, has integrated with Metaco, the Ripple-owned provider of digital asset infrastructure technology, to create a global network for institutions. The integration enables institutions to access Zodia Custody’s bank-grade custody solutions through Metaco.

State Street has completed implementation of State Street Alpha, its front-to-back asset servicing platform for institutional investment and wealth managers, with BMO Global Asset Management. BMO GAM is a Canadian asset manager with a range of mutual funds, ETFs, alternative funds, and other investment products. BMO GAM began the implementation of State Street’s Alpha platform…

Goldman Sachs has appointed BNP Paribas to provide custody and settlement services for its assets in Austria. Goldman Sachs is the largest trading member on the Vienna Stock Exchange by market share. The new mandate complements the existing relationship between BNP Paribas and Goldman Sachs, which already includes custody, cash and securities settlement services in…