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CSRC and CBIRC amend custodian admin measures


13 July 2020 Beijing
Reporter: Rebecca Delaney

The China Securities Regulatory Commission and the China Bank and Insurance Regulatory Commission have jointly revised the administrative measures on custodian business for securities investment funds
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BNY Mellon appoints investment management CEO


13 July 2020 New York
Reporter: Rebecca Delaney

BNY Mellon Investment Management has appointed Hanneke Smits as CEO following the retirement of Mitchell Harris, effective 1 October
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FRS updates fund administration software


13 July 2020 Dublin
Reporter: Rebecca Delaney

Financial Risk Solutions has added a continuous deployment service to its fund administration software, InvestPro
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DMS acquires Oligo Swiss Fund Services


13 July 2020 Dublin
Reporter: Rebecca Delaney

The DMS Group has acquired Oligo Swiss Fund Services to provide services and solutions to UCITS funds, hedge funds, alternative investment funds, and private equity funds in the Swiss domicile
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ISSA adds Citi representative to the board


10 July 2020 Zurich
Reporter: Rebecca Delaney

The International Securities Services Association has appointed Jeff Williams, global head of network management for direct custody and clearing at Citi, to the board of directors
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HarbourVest expands CFO structure


10 July 2020 Boston
Reporter: Rebecca Delaney

HarbourVest Partners has appointed Rob MacGoey as chief financial officer (CFO) for the firm’s management company
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Calypso and AcadiaSoft partner over UMR compliance


10 July 2020 San Francisco
Reporter: Rebecca Delaney

Calypso Technology has partnered with AcadiaSoft to provide an interface to Initial Margin Exposure Manager, its initial margin calculator and reconciliation platform
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Northern Trust expands insurance sector offering


10 July 2020 London
Reporter: Rebecca Delaney

Northern Trust has been awarded three new mandates from European insurers, expanding its asset servicing solutions across the reinsurance, motoring and medical sectors