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Neil Macdonald takes on newly created role at State Street
11 May 2021
Hong Kong

In the newly created role, Macdonald will lead State Street's engagement strategy for asset manager clients in APAC

Apex submits superior bid for Mainstream Group
07 May 2021
UK

On 30 April, the board of Mainstream determined Apex’s offer of AUD $2.55 cash per share by way of a scheme of arrangement to be a superior proposal

Hazeltree launches AANA estimator for firms approaching UMR compliance
06 May 2021
US

Hazeltree’s AANA Estimator will utilise a firm’s internal data, or data from their counterparties, to perform this critical calculation

Volatility events triggered by GameStop are ‘part of a larger story’, says Gensler
06 May 2021
US

During today's GameStop hearing, Gary Gensler, chairman of the US Securities and Exchange Commission (SEC), will argue that shortening the standard settlement cycle could reduce costs and risks in the markets

Confluence collaborates with J.P. Morgan to deliver portfolio analytics solution
06 May 2021
US

By Q3 2021, Delta, Confluence’s risk and performance solution will have expanded coverage powered by J.P. Morgan’s proprietary analytics to include US securitised products

Deutsche Boerse takes remaining stake in Clearstream Fund Centre
06 May 2021
Luxembourg

Deutsche Boerse has agreed to acquire the remaining 49 per cent stake in Clearstream Fund Centre from UBS, for CHF 390 million

SIONIC: now is the time for accelerating the settlement cycle
06 May 2021
UK

“Today’s digital world is forcing the financial services industry to address the risks inherent in the current T+2 settlement model. We are ready to assist firms in preparation for this necessary and imminent change,” SIONIC cites

HSBC gains fund administration mandate from CC&L Financial Group
06 May 2021
UK

As part of the new mandate, HSBC will service CC&L Financial Group’s first Ireland-registered UCITS umbrella fund

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