All latest asset servicing news

Hex Trust gains strategic investment from Kenetic

13 August 2020 Hong Kong
Reporter: Maddie Saghir

The funding from Kenetic will be used to enhance the bank-grade infrastructure platform

Grant Thornton bolsters leadership team

13 August 2020 Cayman Islands
Reporter: Maddie Saghir

Grant Thornton has added two new directors to its leadership team in the Cayman Islands

ISSA elects BNY Mellon’s Caroline Butler to its board of directors

12 August 2020 Zurich
Reporter: Becky Bellamy

The International Securities Services Association has elected Caroline Butler, global head of custody for BNY Mellon, to its board of directors

BNY Mellon expands asset servicing team

12 August 2020 New York
Reporter: Becky Bellamy

BNY Mellon has expanded its asset servicing team with the additions of Mark McKeon, Paul Kilcullen, Kenny King, Kevin Keefe and Cathy-Jo Reed

Euroclear appoints TEB Securities Services

12 August 2020 12 August 2020
Reporter: Maddie Saghir

Euroclear has selected TEB Securities Services, part of the TEB-BNP Paribas Group partnership, as account operator for Euroclear Bank’s new link to Turkey

SimCorp integrates investment management platform with Microsoft Azure

12 August 2020 Copenhagen
Reporter: Rebecca Delaney

SimCorp has integrated its front-to-back investment management platform, SimCorp Dimension, with Microsoft Azure as part of the firm’s cloud transformation

Carey Olsen launches new Bermuda corporate services offering

11 August 2020 Bermuda
Reporter: Maddie Saghir

The new offering is led by managing director Michael Frith and chief governance and operations officer Susie Tindall

Broadridge reports favourable 2020 fiscal year figures

11 August 2020 New York
Reporter: Rebecca Delaney

Broadridge Financial Solutions has reported total revenues of $4.5 billion in the fiscal year ended 30 June 2020, marking an increase of 4 percent compared to the same period last year

Bank of Canada designates Interac e-Transfer as prominent payment system

11 August 2020 Ottawa
Reporter: Rebecca Delaney

The Bank of Canada has assigned Interac e-Transfer as a prominent payment system under the Payment Clearing and Settlement Act, effective immediately

AxiomSL leads solutions provider adoption of golden source calculations

11 August 2020 London
Reporter: Rebecca Delaney

AxiomSL has received its fundamental review of the trading book and counterparty credit risk certification

Deka Immobilien picks BNY Mellon for fund admin services

11 August 2020 Frankfurt
Reporter: Rebecca Delaney

BNY Mellon has been selected by Deka Immobilien to provide global fund administration services for its special purpose vehicles, worth €40 billion in real estate assets

MPMF expands offering with technology enhancements

10 August 2020 Dublin
Reporter: Rebecca Delaney

MPMF Fund Management (Ireland) has launched a series of technology enhancements following evolving client demands and regulatory requirements

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