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BNY Mellon gets Direxion mandate


06 January 2012 New York
Reporter: Anna Reitman

BNY Mellon will be providing ETF services, custody, fund accounting and fund administration for two more Direxion funds...
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UCITS fund goes to cloud nine


06 January 2012 London
Reporter: Anna Reitman

Vertex Capital Management has migrated its Vertex Evolution UCITS fund to Circle.2, Point Nine’s live and cloud-based middle and back office services platform for hedge funds...
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NASDAQ OMX acquires Lithuania's CSD


03 January 2012 Vilnius
Reporter: Anna Reitman

NASDAQ OMX has announced the completion of its acquisition of Lithuania's CSD (CSDL) from the country's central bank...
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Eurex Group reports 2011 trading volumes


03 January 2012 Frankfurt
Reporter: Anna Reitman

Total trading volume at Eurex Group in 2011 was at 2.8 billion contracts with average daily volume of 11.1 million contracts, an increase of 7 per cent over last year...
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Northern Trust gets custody mandate for US health facility


30 December 2011 Chicago
Reporter: Anna Reitman

Northern Trust has announced its selection by St Joseph Health System to provide custody and related services for the California-based not-for-profit's $1.8 billion operating assets...
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CACEIS in control


23 December 2011 Luxembourg
Reporter: Justin Lawson

CACEIS’s control system approved under the new SSAE 16 and ISAE 3402 type II standards...
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Red Kite Selects Butterfield Fulcrum


16 December 2011 New York
Reporter: Ben Wilkie

Red Kite, one of the world’s leading metals-focused fund groups, has selected Butterfield Fulcrum as its fund administrator...
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Northern Trust builds US mutual fund service


16 December 2011 Chicago
Reporter: Ben Wilkie

Northern Trust will provide back office services to the recently launched Advisers Investment Trust, a series trust sponsored by Beacon Hill Fund Services...