Upon completing the relevant administrative process, Deutsche Bank China will be able to directly provide custody-related solutions to funds established in China
SC Ventures, the innovation and ventures unit of Standard Chartered, and Northern Trust have entered into an agreement to launch Zodia Custody, a custody solution for cryptocurrencies
The cloud-based system is set to further automate back-office processes, with technology allowing for scalability and flexibility in post trade businesses
Danmarks Nationalbank, Denmark’s central bank, has applied to join the European Central Bank’s T2 payment system, the Eurosystem’s new real-time gross settlement system
Industry stakeholders have until 2 February 2021 to submit responses to the EC’s CSDR consultation, and face a tight timetable to make the changes in Q4 2021 before the settlement discipline regime’s February 2022 go-live date