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New FX services on the cards for Markit


25 August 2015 London
Reporter: Stephanie Palmer

Markit is set to acquire DealHub, a trade processing service provider for the foreign exchange (FX) market...
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Mergers and acquisitions driving tech innovation


24 August 2015 London
Reporter: Stephanie Palmer

The increase in mergers and acquisitions among alternative fund administrators is “unprecedented”, and a key driver of technological advancement, according to the CEO of MUFG Fund Services...
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Alternative investments on the up


21 August 2015 New York
Reporter: Stephanie Palmer

Alternative asset classes are seeing an increase in popularity, with 79 percent of institutional investors now investing in at least one, according to Preqin’s latest Investor Outlook report...
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SS&C sees increases in August


21 August 2015 Windsor, Connecticut
Reporter: Stephanie Palmer

SS&C GlobeOp’s Forward Redemption Indicator shows that notifications recovered somewhat, increasing from July’s 2.08 percent dip to reach a figure of 3.46 percent in August...
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Health care hedge investment on the up


20 August 2015 New York
Reporter: Stephanie Palmer

Hedge funds are moving towards health care stocks and away from the technology sector, according to the S&P Capital IQ quarterly hedge fund tracker...
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SS&C snaps up Citi alternative investment for $425m


18 August 2015 Windsor, Connecticut
Reporter: Stephanie Palmer

SS&C has made a move to increase its presence in the global fund administration space, acquiring Citi’s Alternative Investor Services business for $425 million...
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Richard Hale brings Custom House to London


17 August 2015 London
Reporter: Stephanie Palmer

Custom House Global Fund Services has opened a new London office and appointed Richard Hale to lead it as director of business development in the UK...
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Strong July for Clearstream


13 August 2015 Frankfurt
Reporter: Stephanie Palmer

Clearstream has released mainly positive results for July 2015, including a 10 percent increase in assets under custody...
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Confluence expands European team


11 August 2015 London
Reporter: Stephanie Palmer

Confluence has Hired Katie Kiss as director for performance analytics, based in the London office...
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Stable funding key to expansion, says Wolters Kluwer


31 July 2015 London
Reporter: Stephanie Palmer

Banks should be cautious if considering expanding their business, and should avoid over-reliance on wholesale funding, according to a white paper by Wolters Kluwer Financial Services...