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Maitland procures Admiral Administration


13 November 2012 London
Reporter: Jenna Jones

Maitland’s acquisition of hedge fund administrator Admiral Administration will lead to the creation of an entity with a collective total of $145 billion in assets under administration...
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Citi signs off on Man Umbrella Sicav


12 November 2012 Luxembourg
Reporter: Georgina Lavers

Citi has implemented the Man Umbrella Sicav, a Luxembourg fund business of the Man Group. Citi will provide an integrated range of services that includes custody, depositary bank, fund administration and transfer agency services...
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Deutsche races on the Autobahn


05 November 2012 New York
Reporter: Georgina Lavers

Deutsche Bank has launched the industry's first App-based fund solution that provides access to Deutsche Bank’s fund administration services via the bank’s “Autobahn App Market”...
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BMO picks Milestone Group for NAV control


15 October 2012 Toronto
Reporter: Georgina Lavers

The Bank of Montreal has selected Milestone Group’s pControl platform to automate the management and control of its NAV production...
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ISO standardisation rates for funds creep up


11 October 2012 Brussels
Reporter: Georgina Lavers

An EFAMA survey with SWIFT revealed that the automation rate of orders received by Luxembourg and Irish transfer agents reached 77 percent...
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Strata adopts TKS system


05 October 2012 New York
Reporter: Georgina Lavers

Fund administrator Strata has adopted TKS Solutions’ Penny – It Works system for back office accounting. Key considerations in Strata’s selection process...
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BNY Mellon services 58th fund


04 October 2012 New York
Reporter: Georgina Lavers

BNY Mellon has been selected by Touchstone Investments to provide mutual fund accounting and administration, transfer agency and blue sky services...