Asset Servicing

RLAM selects Aladdin for middle office support
RLAM selects Aladdin for middle office support
Royal London Asset Management (RLAM) has adopted BlackRock’s Aladdin platform.
Data lines
Northern Trust selects Finbourne for data management
UK fintech Finbourne has been mandated by global custodian Northern Trust (NT) to support its digital transformation efforts.
Private funds tokenisation pilot completed
Private funds tokenisation pilot completed
Wellington Management, WisdomTree and Citi have announced the completion of a proof of concept (PoC) for the tokenisation of private funds.

Digital Assets

SIX bolsters digital assets teamSIX Digital Exchange (SDX), the digital assets arm of Swiss exchange SIX, has appointed Marco Kessler as the business head of digital securities.

UK-based clearing house ClearToken, which is aiming to provide central clearing for digital assets, has completed a US$10 million funding round.