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SGSS launches Solvency II package


12 March 2012 Paris
Reporter: Ben Wilkie

Societe Generale Securities Services (SGSS) has set up a package of services to enable institutional investors and asset managers to meet the requirements imposed by the provisions of the Solvency II directive...
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Schroder selects Milestone


12 March 2012 London
Reporter: Ben Wilkie

Schroder Investment Management (Luxembourg) is implementing Milestone Group’s pControl software to enhance management of its outsourced fund accounting processes...
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Custody assets at Clearstream decline in February


09 March 2012 Frankfurt
Reporter: Ben Wilkie

In February 2012, the value of assets under custody held on behalf of customers registered a decrease of three per cent to €11.0 trillion (compared to €11.3 trillion in February 2011)...
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BNY Mellon to build new centre in Poland


09 March 2012 Wroclaw
Reporter: Ben Wilkie

BNY Mellon has announced its intention to create a new global delivery centre (GDC) based in Wroclaw, Poland as part of an ongoing strategy to optimise its infrastructure and support its global business plans...
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Soc Gen wins Hermes Linder mandate


06 March 2012 Milan
Reporter: Ben Wilkie

Societe Generale Securities Services in Italy has been appointed by Hermes Linder Fund Sicav Plc to act as its local transfer agent in Italy, providing it with paying agent and investor relations management services...
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Eurex Group reports February trading volumes


02 March 2012 Frankfurt
Reporter: Anna Reitman

In February 2012, the international derivatives markets of Eurex Group recorded an average daily volume of 8.7 million contracts...
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Clearstream launches CM service with BNP


29 February 2012 Luxembourg
Reporter: Anna Reitman

Clearstream and BNP Paribas Securities Services have teamed up for the ICSD's collateral management service for agent banks...
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Gibraltar to change FA domicile rules


29 February 2012 Gibraltar
Reporter: Ben Wilkie

The Gibraltar authorities are set to change the rules that currently require hedge funds to use administrators based on the island...
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Point Nine completes Merchant's migration


24 February 2012 London
Reporter: Anna Reitman

Merchant Capital has completed its move to a new fund administrator and the migration of its UCITS umbrella fund to Point Nine's platform of live middle and back office services...
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Czech bourse to clear and settle via Austrian CCP


24 February 2012 Prague
Reporter: Anna Reitman

The Prague Stock Exchange (PSE) has announced an agreement with Austrian clearing house (CCP.A) to establish additional clearing services for cash markets operated by PSE...