SECURITIES SERVICES

Amid market challenges and regulatory pressures, global custodians are beginning to manage their network much more strategically. With contributions from three securities services providers, flow’s Clarissa Dann explores the changing dynamic between global custodians and their sub-custodian/agent bank partners

Market liberalisation, digitalisation and settlement compression were among some of the main themes discussed at the 2023 Network Forum (TNF) Middle East Meeting in Muscat. flow provides a summary along with insights of what is impacting post-trade in the Gulf Cooperation Countries

Digitalisation and changes to the network management operating model were among the key themes to emerge from The Network Forum (TNF) Annual Meeting 2023 in Athens. flow’s Clarissa Dann reports on the conversations

Since China dropped its restrictive zero Covid-19 policy, foreign financial institutions and asset managers have renewed their appetite for Chinese securities. At the same time, the Middle Kingdom’s financial institutions are looking offshore in search of diversification beyond their domestic market. flow explains the advantages of working with banks with fund custody licences in China

The boom in digital assets over recent years has been driven more by investor “magical thinking” than by practical considerations, suggests two Deutsche Bank Research reports by Marion Laboure and Cassidy Ainsworth-Grace. flow’s Clarissa Dann reports on the volatile journey towards mainstream asset adoption so far

High net worth individuals (HNWIs) and mass-affluent investors in China want to invest more of their wealth outside of the country. flow explores some of the options currently available to them

Saudi Arabia has demonstrated enormous resolve by opening up to foreign investors. Having once been inaccessible, the country has created an excellent framework to facilitate inward investment, reports Deutsche Bank’s Manoj Aidasani

India has started to transition its equity settlement cycle from T+2 to T+1, leapfrogging the US and Canada, which both have similar plans. flow reports on the impact of this change in India, how it will be felt acutely by foreign investors and what the scope is for further compression

Digital asset appetite and alignment to ESG frameworks as well as pressure to reduce settlement cycles engaged panellists and virtual delegates at the 2021 Network Forum Asia meeting. flow reflects on how these themes are redefining global custody routines

As 300 million of Middle Kingdom’s households become middle class, this step up is one huge driver of investment demand. In a recent Global Custodian webinar organised in partnership with Deutsche Bank, panelists discussed China’s capital markets explosion and the new shape of investor demand

As markets across the Americas slowly recover from the pandemic, leading experts from the securities services world – speaking at The Network Forum (TNF) Americas Conference – explored the changes sweeping through the industry. flow looks at some of the main discussion points arising from the event

China’s 14th Five-Year Plan for self-sufficiency has not stopped the country’s pursuit of renminbi internationalisation. flow examines the progress of the country’s ambitious capital market liberalisation reforms, and how it is balancing investor appetite with the management of currency inflows and outflows

How are digital assets reshaping the traditional securities business in Asia? The latest in the webinar series “The Future of Asset Servicing Leadership, organised by The Asset magazine in collaboration with Deutsche Bank, offered an in-depth review

Consumers have had, for some time, the ability to shape service provision and get instant access to information within their personal lives. How do these changing expectations and dynamics impact the securities services environment? flow’s Janet Du Chenne explains how post-trade processes are being transformed by robotic process automation and data analytics

At The Network Forum (TNF) Asia 2023 meeting, delegates were reminded about India’s position as a leading foreign investment destination, the growing appetite for further settlement compression, the rise of digital assets, and the impact of ESG on investment styles. flow reports on the key discussion points

As part of a Web3 DLT Talents programme assignment, Deutsche Bank’s Monica Bolqvadze talks to Stefan Teis, Head of DLT & DA Services, Director Digital Asset Custody at Deutsche Bank about how banks are redefining custody in the digital age

Cloud technology is embedded in our daily lives, from storing photos and files from personal devices to sharing files at work. flow reports on how custody in the cloud brings a wealth of self-service and real-time data analytics benefits to both client and custodian – once regulatory frameworks and legacy systems are navigated

After a three-year hiatus The Network Forum’s Middle East Meeting returned in October 2022 as an in-person event. flow reports on its key themes of post-trade digitalisation, Saudi Arabia’s ongoing market reforms, settlement compression and improvement of account opening processes

In the second of three Sibos 2022 reports, flow’s Clarissa Dann takes a closer look at the evolving post-trade landscape and key themes such as settlement compression and efficiency that impact global custodians, sub-custodians and network managers

Network managers gathered at The Network Forum in London against a backdrop of regulatory reform, trade settlement compression momentum, digitalisation of assets and processes – and joy to be reconvening at a physical event. flow’s Clarissa Dann reports

As investors build digital asset portfolios while they chase superior returns and diversification, custodian banks are building digital custody solutions to help them. Clarissa Dann reports on the risks and regulatory arms embracing these new asset classes

The investment landscape is embracing new technologies such as digital assets. Paul Maley, Head of Securities Services at Deutsche Bank, explains why the future of custody will require a co-existence of old and new technologies, how market structure for securities could change and the implications for clients

The latest event in the series “The future of Asset Servicing Leadership”, organised by The Asset magazine in collaboration with Deutsche Bank, considered what Environmental, Social and Governance (ESG) factors mean for funds in Asia. flow reports

Regulators and market practitioners have introduced multiple initiatives to drive the adoption of ESG in securities lending. flow reports on market enthusiasm and what will boost the integration of sustainability in the market

In this latest brief, Boon-Hiong Chan, Global Head of Market Advocacy, Securities Services at Deutsche Bank, highlights key digital assets and data regulatory developments in 2020

Adhering to the spirit of the directive and going beyond the minimum requirements will benefit all parties in the securities post-trade value chain, explain Deutsche Bank’s Steven Hondelink and Mike Collier

From 28 May 2024, T+1 settlement for transactions in US cash equities, corporate debt and unit trusts will be live in North America. While market participants have been working hard to ensure a smooth transition, ongoing vigilance and industry cooperation is essential for sustained success, reports flow’s Clarissa Dann

Transformation of the network management operating model, a turbulent external environment, settlement compression and an update on market developments in Brazil were just some of the themes to emerge at this year’s Network Forum (TNF) Americas Meeting. flow shares some of the conversations

Regulations cannot effectively manage human integrity, and Deutsche Bank’s Boon-Hiong Chan reflects on finding a delicate balance between protecting investor safety and the need for digital assets to continue their evolution in the light of the recent crypto firm collapses

With the FTX bankruptcy having put the jitters into the crypto markets, the Network Forum Asia meeting’s focus on what this means for Asia’s voracious investors – and their custody requirements – was particularly opportune. flow reports from an upbeat Singapore

The Network Forum (TNF) returned to New York for its Americas Meeting on 22 September, where leading experts from across the securities services industry discussed settlement compression, macro-economic challenges and digital asset readiness. flow reports

How will AI, ML, cloud services and automation shape the future of asset management? flow reports on a webinar hosted by The Asset magazine that examined how custodians can help investors navigate social and ethical concerns, while continuing to deploy new digital solutions

One of the problems with securities settlement happening up to two days following the execution of the trade is the potential for operational and counterparty risk during that window. flow hears from Deutsche Bank’s Mike Clarke and Emma Johnson on the industry and regulatory cooperation, as well as the  collaboration needed for instantaneous settlement

The advent of the next generation of financial services products will build on new customer services originating from securities services, predicts Deutsche Bank’s Paul Maley. He also shares with flow’s Clarissa Dann his passion for iconic sports cars and the road from engineering to corporate banking

Digital transformation in post-trade has accelerated in 2020 with the use of tools to automate manual processes and reduce latency during pandemic-related disruption. flow’s Janet Du Chenne looks at how a menu of APIs is helping clients to cope with the present and plan for recovery

The second event in the series “The future of Asset Servicing Leadership”, organised by The Asset magazine in collaboration with Deutsche Bank, considered whether growth in Asia is experiencing a pause or a detour

With origins dating back to 3000 BC, Athens is one of the oldest cities in the world and the ‘cradle of Western Civilisation’. It is also believed to be the birthplace of democracy and debate and to have tried every form of government known to this day. Against this fitting backdrop, more than 400 securities services industry senior leaders convened in Athens from 11 to 13 June for the Network Forum Annual Meeting to debate its future foundations

The first event of “The future of Asset Servicing Leadership Series”, organised by The Asset magazine in collaboration with Deutsche Bank, looked at how Covid-19 is accelerating digital transformation of the securities services industry in Asia

In the second of our two articles on India’s growth story (it has just become the world’s fourth largest stock market at US$4.33trn), flow’s Clarissa Dann re-examines its capital markets landscape and changes in the country’s securities regulatory space, technology advancement and investor protection

Settlement compression, market harmonisation and digital readiness were among some of the main themes that were developed at Sibos Toronto 2023. flow’s Clarissa Dann looks at how these changes are impacting post-trade

Trade settlement fails create added costs and risks for financial institutions. While the largest reason is insufficient securities being available for settlement and liquidity issues, the overall settlement landscape is more nuanced. flow provides a summary of the Deutsche Bank white paper examining failure triggers and potential solutions

The rapid rise and fall of the cryptocurrency exchange FTX reflected a volatile crypto market in 2022 and echoed previous high-profile corporate collapses two decades ago. Now, as then, a tighter regulatory framework is needed concludes the latest Deutsche Bank Research paper. flow’s Clarissa Dann reports on its findings

Regulation is a key driver of change across the securities services industry, and it has powered the journey towards cross-market harmonisation. Deutsche Bank’s Boon-Hiong Chan and Britta Woernle summarise the defining developments that have global impact, as well as those that are region-specific

What will post-trade settlement in Gulf Cooperation Council countries look like in the future? And how can the OTC settlement process be improved? Deutsche Bank’s Manoj Aidasani proposes a blockchain-based solution, using non-fungible tokens (NFTs) and smart contracts to settle money market instruments

Having bounced back from Covid-19-related shocks, liquidity in local equity and bond markets is now the priority in the Middle East as GCC economies attract overseas investors following market infrastructure reforms. Securities services in the region are also navigating ESG and digital asset developments. flow reports on discussions at The Network Forum Virtual Middle East meeting

New technologies and the roll out of various regulations are rapidly transforming the post-trade landscape. flow attended the Network Forum Virtual Annual Meeting and reports on how these themes are shaping the future custody model

Three separate Deutsche Bank Securities Services-hosted webinars looked at the developments that are reshaping the securities services landscapes across Vietnam, Malaysia and Singapore. flow reports on the key takeaways

How is the securities services industry using a business mindset to harness the power of data and digitalisation while co-operating with industry partners to build platforms for the future? Janet Du Chenne reports from The Network Forum in Vienna

Deutsche Bank and BNY Mellon have collaborated on an API-enabled FX custody solution which reduces confirmation times for trades in restricted emerging market currencies

With Covid-19 related restrictions still in place, the summer meeting of the Network Forum (TNF) went virtual for the first time. Deutsche Bank’s flow reports on the biggest talking points to emerge from the event

The Central Securities Depository Regulation (CSDR) is not just a regulation for CSDs. Deutsche Bank’s Edward Savage provides an insight on a programme in place to ensure the bank and its clients successfully achieve regulatory compliance

The settlement discipline regime, a key element of the Central Securities Depositories Regulation, has been delayed until 1 February 2021. Emma Johnson explains the changes required of market participants to meet their new post-trade obligations

European settlement and custody are subject to disruption on many fronts, making client choices more complex. The key to choosing the most appropriate custody model lies in coming to grips with two main areas of change: infrastructure and regulation

In today’s business environment, investment firms need to be able to make quicker decisions, remove latency and eliminate manual tasks. flow’s Janet Du Chenne reports on how BNY Mellon’s technological transformation has enabled it to help clients achieve

In the face of declining fee levels and increasing regulatory and market requirements for asset protection and market stability, the securities post-trade industry seeks a sustainable future

International investors can’t get enough of China, and Hong Kong Exchanges and Clearing has been at the innovation coalface, facilitating access by upgrading its post-trade systems and using new technologies to accelerate the settlement of securities

Recent revelations about Europe’s new multi-layered settlement platform could turn industry attention from fee benefits towards the overall cost benefits, says Janet Du Chenne

The most recent Global Custodian webinar checked-in on the transformation of securities services, how the Covid-19 pandemic has accelerated this journey, and the road ahead. flow reports on the key takeaways

flow reports on the themes to emerge out of the Network Forum Asia meeting in Hong Kong

With the right amount of camaraderie and energy, hackathons can quickly identify common client pain points that can be remedied with small pilot projects. flow looks at how this form of collaboration is driving a digitalisation and innovation culture in Deutsche Bank

India´s government aims to make the country a US$5trn economy by 2024. Janet Du Chenne talks to Sundeep Sikka about Nippon Life India Asset Management’s plans to harness the growth story through long-term savings plans and leveraging education and new technologies

Deutsche Bank’s Boon Hiong Chan and Celina Chua assess how digital tools are being employed in post-trade to deliver new benefits to clients services at the front end of the securities lifecycle

For custodians, dealing with multiple clients across multiple markets, and a high volume of transactions, handling inquiries can be a challenge especially when it gets close to market cut-off time. The current manual process for receiving, resolving and responding to trade status queries can be slow, cost-inefficient, and lead to human error.