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EuroCCP connects to Clearstream’s Investor CSD


20 January 2022 Luxembourg
Reporter: Bob Currie

Post-trade link connects EuroCCP to Clearstream’s Investor CSD, enabling exchange-traded equity and ETFs cleared through EuroCCP to settle in Clearstream Banking SA. UK investment platform Freetrade is announced as first customer
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Waystone to acquire T. Bailey Fund Services


18 January 2022 UK
Reporter: Jenna Lomax

UK-based Waystone is to acquire T. Bailey Fund Services, an independent fund administration service provider and authorised corporate director to the UK fund management industry
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STEP2 to process payments within minutes and around the clock


18 January 2021 France
Reporter: Jenna Lomax

The planned upgrade will enable STEP2 participants to shorten end-to-end processing timelines for retail payments in euro from hours to minutes, for the benefit of European businesses and consumers
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Crestbridge bolsters UK team


17 January 2022 United Kingdom
Reporter: Jenna Lomax

Crestbridge has appointed Martin Lambert as head of UK operations
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Adapa Advisory partners with IAWMC


17 January 2022 UK
Reporter: Jenna Lomax

Essex-based Adapa Advisory has partnered with Investment & Wealth Management Consultants to further develop its presence in the wealth management and custody sectors globally
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Apex Group to acquire New Zealand’s MMC


14 January 2022 New Zealand
Reporter: Jenna Lomax

Apex Group has proposed the acquisition of MMC, one of New Zealand’s leading providers of investment administration services