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Citi appoints Ken Sansom as head of securities services technology
22 February 2023
US Reporter Jenna Lomax

Sansom has more than 35 years of global business and IT experience

“The picture is not bleak” for hedge funds, eVestment report says
20 February 2023
US Reporter Lucy Carter

Hedge funds saw a US$22.6 billion decline in assets in 2022, but these figures “are not as dire as the headlines would indicate,” according to eVestment’s most recent report

CCMA reaffirms Canadian market’s commitment to T+1 implementation date
17 February 2023
Canada Reporter Jenna Lomax

The Canadian Capital Markets Association has restated that Canada will reduce its standard securities clearing and settlement cycle to T+1 on the same date as the US

CIBC Mellon to merge trust company and global securities services into one entity
17 February 2023
Canada Reporter Jenna Lomax

CIBC Mellon has announced its intention to amalgamate its CIBC Mellon Trust Company and its CIBC Mellon Global Securities Services Company

SEC restates commitment to move to T+1 by May 2024
15 February 2023
US Reporter Jenna Lomax

The affirmation was made at an Open Meeting conducted by the SEC today (15 February)

TNS kicks off financial markets Cloud platform project
15 February 2023
US Reporter Lucy Carter

The platform offers 16 different servers, all of which are optimised for both front- and middle-office trading infrastructures

Credit Suisse acquires MK&C as part of CS First Boston carveout
13 February 2023
US Reporter Lucy Carter

Credit Suisse Group has successfully acquired M. Klein & Company’s investment banking business The Klein Group, making further progress with the carveout of Credit Suisse First Boston announced in October 2022

SIFMA advises modernisation of US corporate actions
13 February 2023
US Reporter Lucy Carter

Findings of the ‘US Corporate Actions Standardization Position Paper’ emerge from a working group established by EY and SIFMA’s operations and technology committee

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