Citco, a provider of asset servicing solutions to the global alternative investment industry, has partnered with securities class action recovery service provider, Financial Recovery Technologies
BNP Paribas Securities Services has started operations in Mexico, providing daily accounting and valuation services as well as tax pricing and regulatory reporting
State Street has partnered with Coremont to provide fully integrated outsourcing services for hedge fund managers, covering front, middle and back-office operations
Northern Trust has gained a hedge fund middle- and back-office asset servicing mandate to support the launch of new funds for large hedge fund managers
SANNE says that this deal is “a fantastic opportunity” as it further strengthens its expertise in Dublin and adds a new strategic location such as the Cayman Islands to its global office network
European ICSDs have coped well with pandemic-related market volatility thanks to ample latency in transaction systems, strong risk-control frameworks and limited exposure to short-term collateralised credit risk, according to Fitch Ratings
FundsDLT, a distributed ledger market infrastructure, has successfully closed its Series A round of funding, according to the Luxembourg Stock Exchange