Editorial CACEIS News no. 74 - January 2024 2024-01-19 – 2023 was definitely a very memorable year in CACEIS’ history. The takeover of RBC Investor Services' European operations was a major strategic development for our Group, massively increasing the scope of our activity, both in terms of our industry expertise and our international footprint which now covers eighteen countries across four continents.
CACEIS reworks commercial set-up to further improve client servicing 2024-01-16 – Integrating RBC IS's European activities is a major project for CACEIS, extending the international scope of our network to 18 markets. Our group is making significant changes to the way our governance and client servicing organisation is set up in order to better suit the larger scope of our business and ensure ongoing client servicing excellence.
CACEIS’ Market Solutions offer provides secure access to financial markets 2024-01-15 – As the entry point to CACEIS’ Execution-to-Custody model, Market Solutions provides a comprehensive multi-asset, multi-market offer that is fully integrated with the group’s custody, administration and depositary services. Since late 2023, operations and sales are centralised within a single Business Line to better coordinate client servicing.
Growth trajectory 2024-01-12 – In line with the international expansion of its asset servicing business, CACEIS is extending its securities finance coverage into new financial centres and to a wider community of lenders and borrowers. Donia Rouigueb, CACEIS’ head of sales, securities finance and repo, speaks to Bob Currie about market dynamics, growth strategy and how recent acquisitions will turbocharge its offer.
CACEIS tackles new ‘EMIR Refit’ obligations 2024-01-12 – In 2012, EMIR came into force as a European regulation to increase transparency in the over-the-counter (OTC) and exchange-traded derivatives (ETD) markets and to reduce credit and operational risks. A decade on, EMIR Refit strengthens the obligations rules for derivatives processing, clearing and contract risk management, reporting and the operation of clearing houses and trade repositories.
Leveraging AI to enhance operational efficiency 2024-01-11 – CACEIS' Digital Innovation team is actively studying the many potential benefits that artificial intelligence can offer our industry in order to enhance the services we offer clients. The team has recently developed Pick-AI which can extract specific data from text-based PDF documents and will be initially used to process client fund invoices.