BNP Paribas Securities Services has implemented a new program to streamline data management and to give clients better access to international markets.
The global custodian said its Augmented Custody service will be rolled out in phases and involves difference aspects of the custody chain such as asset servicing, settlement, cash, and collateral management.
BNP Paribas Securities Services general manager, Patrick Colle, said custodians had a huge role to play in helping clients maximise the efficiency of their operations and keep their competitive edge.
"This is why we are making our custody processes better, faster and simpler. Our ambition is to enhance our core services thanks to the power of digital," he said.
Australian Ethical has named its new head of equities, who previously spent 12 years at Perpetual.
The country’s sovereign wealth fund has unveiled a flurry of changes to its leadership team, including the appointment of a key executive role.
With Damian Graham stepping into a new capacity within the $190 billion super fund ahead of his retirement, a global search is set to commence for his replacement.
Cbus has swiftly promoted Leigh Gavin to chief investment officer only months after naming him deputy, as the fund works towards growing in size and bringing its investment expertise in-house.