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Institutions look to the open range


23 April 2014 New York
Reporter: Georgina Lavers

Official institutions are looking to new markets and a broader range of assets as they search for greater returns, according to a new report by State Street...
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Allfunds Bank nabs BWCI mandate


22 April 2014 London
Reporter: Tammy Facey

Actuarial consulting and administration services provider BWCI will begin using Allfunds Bank’s wealth management administration platform...
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ICBC plumps for ISO 20022


22 April 2014 Beijing
Reporter: Georgina Lavers

Industrial and Commercial Bank of China Financial Services, a wholly owned subsidiary of ICBC, has gone live with DTCC ISO 20022 corporate actions message format using SunGard’s XSPrisa technology...
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NSD conducts operational audit


17 April 2014 Moscow
Reporter: Georgina Lavers

National Settlement Depository (NSD), Russia’s central securities depository, has undergone an operational audit conducted by PricewaterhouseCoopers in accordance with ISAE 3402...
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Technology supports rapid PE expansion in Mauritius


17 April 2014 Mauritius
Reporter: Georgina Lavers

International Financial Services, one of the largest fund administrators in Mauritius, has gone live with its implementation of eFront’s FrontInvest. The implementation aims to support and enhance the IFS private equity fund administration operatio
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Netting efficiency will drive capital


15 April 2014 Frankfurt
Reporter: Georgina Lavers

Netting efficiency, default fund structure and collateral efficiency are core drivers for capital efficiency, said Eurex Clearing...
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Polish clearinghouse is EMIR compliant


14 April 2014 Warsaw
Reporter: Georgina Lavers

The Polish Financial Supervision Authority (KNF) has authorised the clearinghouse KDPW_CCP as EMIR compliant...
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BNP Paribas plunges headfirst into first T2S wave


09 April 2014 Paris
Reporter: Georgina Lavers

BNP Paribas Securities Services will become a directly connected participant to the TARGET 2 Securities (T2S) settlement platform in Europe from the first wave of migration...
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Bill Gates to speak at Sibos


09 April 2014 Boston
Reporter: Georgina Lavers

Bill Gates and Jamie Forese are set to open and close Sibos this year. Jamie Forese will be speaking as co-president of Citi and Bill Gates will be speaking as the co-chair of the Bill & Melinda Gates Foundation in Boston...
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First Names ties up Mercator purchase


04 April 2014 Guernsey
Reporter: Georgina Lavers

First Names Group has completed its acquisition of Mercator in Guernsey, in a move that has made the group the largest trust, funds and corporate services provider in the Channel Islands...
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Eurex Repo on the up and up


04 April 2014 Frankfurt
Reporter: Georgina Lavers

Eurex Repo, which operates Swiss Franc, Euro Repo and GC Pooling markets, recorded in all markets in March 2014 an average outstanding volume of €217.3 billion, increasing from the €215.3 billion seen last year...