Northern Trust has launched APIs for its banking services, providing asset servicing banking clients with real-time access to data and services through automated connectivity. The API solution enables clients to integrate banking data directly into their operational workflows. NAV Fund Services, a U.S.-based fund alternative fund administrator, is the first client to implement the new…
Category: Product
BNY collaborates with Galaxy
BNY has struck a deal with Galaxy, the digital assets specialist, to advance the digital asset infrastructure for institutional markets, including support for staking, a process that allows eligible digital assets to earn rewards, on BNY’s digital asset custody platform. This will combine digital asset custody and staking within a single institutional servicing model. Eligible…
ZILO launches digital TA platform
ZILO, the UK-based fintech delivering global asset and wealth management software, has launched a fully integrated digital transfer agency platform, unifying traditional mutual fund administration with digital asset capabilities, including digitally native issuance, across a single platform. ZILO has also struck a deal with Ripple, which will join as an investor. The partnership brings together…
BNY launches digital TA
BNY has launched its digital TA capabilities, supporting digitally native funds. The service will initially be launched with select clients in the U.S. and U.K., with plans for expansion. Early adopters are BNY Investments Dreyfus, Baillie Gifford, which co-designed its offering with BNY, and BlackRock.
Citco launches credit portal
Citco has launched Citco Credit Portal, a unification of its credit ecosystem that creates a single-point-of-entry experience for clients to access all loan data and credit products. The portal is initially being made available to Citco’s loan agency and servicing clients.
BBH hires head of product transformation
Abram Sirignano has joined BBH as head of product transformation for its investor services business, He joins from Prophet, a consultancy. Based in New York, he will report to Chris Remondi, partner and head of product for the investor services business.
JTC collaborates with Asset Class
JTC, the UK-listed administrator being taken private by Permira, and Asset Class, the U.S.-based fintech focused on private markets, have launched JTC ONE in the U.S., an end-to-end solution for private markets firms that combines fund administration with a purpose-built digital investor experience. JTC ONE combines two specialist businesses with complementary strengths: JTC’s expertise in…
SS&C to launch digital cash settlement
SS&C plans to enable digital cash settlement for tokenised investment transactions using regulated forms of digital cash, including stablecoins and tokenised commercial bank deposits. The plan builds on the launch of SS&C’s live tokenised fund issuance and distribution capabilities earlier this year following the acquisition of Calastone in 2025. SS&C already enables asset managers to…
SEI expands TA service
SEI has expanded its transfer agency solutions with the launch of SEI Transfer Agency and Registry Services, Inc. to support a broader range of fund structures. Registered with the SEC, the business supports U.S.-based traditional and alternative asset managers offering SEC-registered, retail-distributed funds. It will leverage core technology from Envision Financial Systems, an investor accounting…
BNY expands with Circle
BNY has expanded relationship with Circle Internet Group, Inc. as part of new stablecoin enablement capabilities for institutional clients. Circle’s USDC will be the first stablecoin on BNY’s digital asset custody platform, enabling BNY clients to store, transfer, mint and burn USDC. This expands BNY’s role as primary custodian of USDC reserves. BNY clients can…