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Rivalry intensifies for FX clearing


21 March 2012 New York
Reporter: Georgina Lavers

Competition for forex clearing is hotting up as the IntercontinentalExchange (ICE) prepares to enter the market alongside players CME Group and LCH.Clearnet...
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Finesti and fundinfo combine forces for KIIDs


19 March 2012 Zurich and Luxembourg
Reporter: Georgina Lavers

Finesti and fundinfo are to combine their experience in investment fund data and documents to offer services intended to aid cross-border notifications and the distribution of Key Investor Information Documents (KIIDs)....
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State Street wins Volvar mandate


16 March 2012 Paris
Reporter: Ben Wilkie

Volvar Asset Management has appointed State Street to provide back office services for two funds domiciled in France and Luxembourg...
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SEI wins ETC bid


14 March 2012 Pennsylvania
Reporter: Ben Wilkie

SEI has been selected by Exchange Traded Concepts (ETC) to provide a comprehensive suite of back-office services for the firm's recently launched turnkey ETF platform...
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SGX and Eurex team up


14 March 2012 Singapore
Reporter: Ben Wilkie

Singapore Exchange (SGX) and Eurex have announced a partnership to deliver convenient market access and cost efficiencies to members of both exchanges...
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SGSS wins Emergence mandate


13 March 2012 Paris
Reporter: Ben Wilkie

Societe Generale Securities Services (SGSS) has been designated by the Board of Directors of the fund Emergence to provide trustee and valuation services to the delegated asset manager NewAlpha AM...
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Custom House picks Nirvana


13 March 2012 Chicago
Reporter: Ben Wilkie

Custom House Fund Services has chosen Nirvana Solutions to provide risk reporting and risk analysis solutions to its hedge fund clients...
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Trio launch Asian cross-border settlement pilot


13 March 2012 Hong Kong
Reporter: Ben Wilkie

The Hong Kong Monetary Authority (HKMA), Bank Negara Malaysia (BNM) and Euroclear Bank have announced the launch of a pilot platform for the cross-border investment and settlement of debt securities...
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IFS rolls out Multifonds platform


13 March 2012 Mauritius
Reporter: Ben Wilkie

International Financial Services (IFS) has implemented Multifonds' Fund Accounting (MFFA) platform and has begun migrating client funds...