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Otkritie takes on GlobeClear


05 July 2011 Moscow
Reporter: Ben Wilkie

J.P. Morgan Worldwide Securities Services' GlobeClear business has been appointed to provide clearing and settlement services for Otkritie Capital...
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Banca Akros goes live with SGN


05 July 2011 Milan
Reporter: Ben Wilkie

Italian investment bank Banca Akros has gone live on the SunGard Global Network (SGN), SunGard’s low-latency market data and order routing network...
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SGSS wins Grindrod mandate


04 July 2011 Johannesburg
Reporter: Ben Wilkie

Societe Generale Securities Services (SGSS) has been mandated in South Africa by Grindrod Asset Management, the asset management division of the Grindrod Bank Limited, to provide custody and trustee services for its Collective Investment Scheme. ..
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State Street expands capabilities in Asia Pacific


01 July 2011 Hong Kong
Reporter: Ben Wilkie

State Street Corporation has launched a new hedge fund servicing business in Asia Pacific, and announced expansion plans for existing real-estate and private equity servicing operations in mainland China, Hong Kong and Singapore...
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Vistra acquires Herald's funds business


01 July 2011 Jersey
Reporter: Ben Wilkie

Vistra Jersey has acquired the funds under the administration of Herald Fund Services Limited, a member of the Herald Group in Jersey...
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Tristan picks J.P. Morgan


01 July 2011 New York
Reporter: Ben Wilkie

Tristan Capital Partners, a real estate investment management firm, has appointed J.P. Morgan to provide fund administration and reporting services...
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Clearstream XBS signs first full user


01 July 2011 Frankfurt
Reporter: Ben Wilkie

Clearstream has signed the first customer to its Cross Border Services (XBS) offering, the first pan-European cross-border settlement solution in central bank money...