Landmark development has seen event creation reduced from hours to minutes, with the technology currently being rolled out in North America and extended to the rest of Citi’s custody network by 2026.
Saphyre has launched an AI agent for onboarding, a capability that will allow brokers and clients to initiate full fund onboarding by sending an email.
The chief executives of BNY and State Street both say it’s business as usual with regards to client activity and new mandates despite the uncertainty of the macro environment.