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Glossary

Custodian

A financial institution that holds customers' securities for safekeeping to prevent them from being lost or stolen.

Custodian News

Regulation
SF Symposium: Automation is key, but T+1 challenges remain

The panellists shared their own experiences from North America’s own shift in May 2024 — largely accepted as a general success

Industry
Euronext Securities expands services with acquisition of Acupay

Through this move, Euronext Securities aims to leverage Acupay’s presence in Italy and opportunities to scale its services

Industry
Nebraska Investment Council selects MUFG Investor Services’ GSLS

The NIC is an independent state agency based in Lincoln, Nebraska. It determines and manages approximately US$40 billion of investments across 32 different entities

Industry
NDF appoints Northern Trust as custodian provider

The agreement aims to enhance the National Development Fund’s capabilities and achieve its strategic objectives

Industry
Qatar Stock Exchange and Edaa Qatar oversee first onshore SBL transaction

HSBC acted as custodian and agent lender for the transaction while QNBFS acted as the borrower

People moves
Kech named new CEO for GLEIF

Alexandre Kech will succeed the not-for-profit organisation’s current CEO Stephan Wolf, who has served in his position for a decade

Industry
SASLA: Market participants encourage use of local services to benefit SA

The South African Securities Lending Association (SASLA) hosted its annual conference in Cape Town, where participants on its collateral management panel discussed the future of triparty

Industry
Edaa delays shortening settlement cycle

The move, which was originally scheduled for 2 January 2024, has been pushed back to March