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Hedge fund managers cite cost and quality for moves
25 February 2014
London

Hedge fund managers are changing their service providers, particularly administrators and prime brokers, because of low-quality service and cost, a survey has found...

Omgeo CTM sees user increase
25 February 2014
New York

The user base of Omgeo Central Trade Manager grew by 33 percent in 2013, with the addition of more than 150 broker-dealers and 280 investment managers...

SEC hits Credit Suisse for almost $200 million
24 February 2014
Washington DC

Credit Suisse has agreed to pay $196 million after admitting that it broke US securities laws when it provided cross-border brokerage and investment advisory services without registering with the Securities and Exchange Commission...

Clearstream and NSD strengthen Russian partnership
30 January 2014
Moscow

Clearstream has opened up settlement to Russian corporate bonds via its direct link to the National Settlement Depository...

GoldenSource in senior management reshuffle
24 January 2014
London

Enterprise data management provider GoldenSource has recruited John Eley as CEO and named Mike Meriton as its vice chairman...

KDPW receives ESMA trade repository approval
08 November 2013
Warsaw

ESMA has acknowledged the central securities depository of Poland as one of only four European entities to fulfill all trade repository requirements under EMIR...

BNY Mellon and Global Prime Partners team up
07 November 2013
London

BNY Mellon’s broker-dealer services business will provide clearing and custody services to Global Prime Partners’s emerging investment manager clients...

BNY Mellon's Lou Maiuri moves to State Street
07 November 2013
Boston

Lou Maiuri has left his role as executive vice president and deputy CEO of asset servicing at BNY Mellon to move to State Street, sources have confirmed...

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