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DTCC wraps up repositories


03 May 2012 London
Reporter: Georgina Lavers

The Depository Trust & Clearing Corporation (DTCC) began user testing of its new global trade repository service for foreign exchange on 1 May, and is planning full production by the fourth quarter...
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Goldman Sachs uses Calastone for SICAVs


01 May 2012 London
Reporter: Georgina Lavers

Goldman Sachs Asset Management has signed up to Calastone’s network’s order routing service for its range of SICAV funds domiciled in Luxembourg and Money Market funds domiciled in Ireland...
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J.P. Morgan new administrator for Bob Geldof fund


01 May 2012 London
Reporter: Georgina Lavers

J.P. Morgan’s Worldwide Securities Services business will provide private equity fund administration services to 8 Miles Fund I, an initiative of Bob Geldof...
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Clearstream to join T2S


30 April 2012 Frankfurt
Reporter: Georgina Lavers

Clearstream announced today that the CSD for Germany, Clearstream Banking AG, will join the European Central Bank’s T2S initiative. The platform will go live in 2015...
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SIX Financial Information uses Asset Control solution


30 April 2012 London and New York
Reporter: Georgina Lavers

Asset Control, which provides financial data management solutions, has sold its solution AC Plus to SIX Financial Information, formerly known as SIX Telekurs...
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Australian government bows to tax pressure


27 April 2012 Australia
Reporter: Georgina Lavers

The Australian government has decided to extend capital gains tax (CGT) rollover relief for superannuation funds in mergers until 2017, after continued protest by the superannuation industry...
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SGSS wins Grindrod mandate


24 April 2012 Paris
Reporter: Justin Lawson

Societe Generale Securities Services has been mandated in South Africa by Grindrod Bank to provide custody and trustee services.....
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Dillon Eustace open in Cayman


24 April 2012 Dublin
Reporter: Justin Lawson

In response to client needs Dillon Eustace have opened up a fully serviced practice on the Island. The Cayman branch will add to the firm’s existing international office network which includes Asian, European and North American representative offic
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BNY Mellon teams up with Investor Analytics


23 April 2012 New York
Reporter: Justin Lawson

BNY Mellon teams up with Investor Analytics to introduce liability modeling to its risk management solution for institutional clients...
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Brown Advisory goes live with Calastone


23 April 2012 London
Reporter: Ben Wilkie

Brown Advisory has signed up to Calastone's order routing service for its range of US Equity Funds domiciled in Dublin...
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BNY Mellon custody a standout among poor first quarter


19 April 2012 New York
Reporter: Georgina Lavers

Though the bank reported lower first quarter earnings, with net income for the quarter declining one per cent from $625 million to $619 million, assets under custody or administration rose 4 per cent...