Four major banks have agreed to enhanced record-keeping protocols with the New York State Department of Financial Services when using the new Symphony Communications chat and messaging platform...
TriOptima and LCH.Clearnet are expanding their consolidation of unlinked, cleared interest rate swaps, eliminating 30 percent of New Zealand dollar notional outstanding in first SwapClear NZD cycle...
SunGard president and CEO Russ Fradin has apologised for the technical failure of its hosted InvestOne fund accounting platform, which left BNY Mellon’s net asset value calculation and processing disrupted...
BNY Mellon is still experiencing problems with producing system-generated NAVs for its US fund accounting clients after the system failed on Wednesday 26 August...
Law firm K&L Gates has appointed Edward Dartley as a partner in its investment management, hedge funds, alternative investments and private equity practice, in the New York office...
Many asset managers are still relying on manual processes for managing complex swaps across the investment lifecycle, according to a SimCorp survey...
ENSO Financial Analytics has appointed Michael McMahon as chief technology officer...
Alternative asset classes are seeing an increase in popularity, with 79 percent of institutional investors now investing in at least one, according to Preqin’s latest Investor Outlook report...
