Our latest Asset Servicing Market Insight Report (Q4 2025) highlights a market recalibrating for scale, digital integration and PE-backed expansion.
🔹 ~75+ senior people moves across EMEA, Americas & APAC, despite a c.40% slowdown in EMEA vs Q3 – signalling more targeted, strategic leadership hires going into FY26.
🔹 10+ M&A transactions in Q4 alone, with TMF Group completing multiple acquisitions (Baltics, India, Italy) and IQ-EQ, Ocorian and Linnovate Partners expanding into new jurisdictions.
🔹 £2.7bn public-to-private acquisition of JTC by Permira – a landmark PE deal underscoring continued consolidation across trust, fund and corporate services.
🔹 Accelerating tokenisation, blockchain and AI partnerships, from Deutsche Börse’s stablecoin integration to AI-powered Annex IV reporting and fully digitalised fund administration models.
As firms double down on global service delivery models, digital infrastructure and scalable operating platforms, leadership capability remains a critical differentiator.
Read the full Q4 report at the link below.
Connect with Frances Denny to discuss the leadership dynamics shaping asset servicing into 2026.
