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DTCC proposes move to shorten US settlement cycle to T+1 by 2023
24 February 2021
US

In order to move to T+1, DTCC says industry participants must align and agree to shorten the settlement cycle by implementing the necessary operational and business changes, and regulators must be engaged

U.S. Bank Global Fund Services hires chief commercial officer
24 February 2021
UK

Didier Delvaux, Luxembourg country head, U.S. Bank Global Fund Services, says: “David Kubilus has extensive product and business development expertise and understands the needs and demands of both the US and European markets”

Fideuram Intesa Sanpaolo Private Banking appoints State Street as fund administrator
24 February 2021
Italy

Joerg Ambrosius, CEO of Europe, Middle East and Africa at State Street, comments: “We are delighted to expand our relationship with Intesa Sanpaolo to provide Fideuram with solutions that drive value and create efficiencies for their clients"

FundRock named as ManCo for Chimera UCITS ICAV
24 February 2021
UK

As part of the mandate, FundRock will provide the risk management and regulatory framework for the ICAV and undertake the sub-funds delegate oversight

TrustQuay and Centralis sign tech deal
23 February 2021
Luxembourg

The deal will see Centralis migrate its existing multiple systems to TrustQuay NavOne, and will deploy it across its international offices

Vela adds Cboe One market data to SuperFeed
17 February 2021
US

The Cboe One Feed is a market data product that provides reference quote and trade data, giving market participants a unified view of the market from all four of Cboe Global Markets’ equity exchange

MIFL appoints Alveo to streamline data management with managed services solution
17 February 2021
Ireland

The buyside cloud-based managed service solution can be used to address data management use-case requirements and specifically focuses on faster implementation timelines and return on investment delivery

Apex continues acquisition streak after closing GFin Corporate Services deal
17 February 2021
Mauritius

GFin’s integration into the group will enhance Apex’s established presence in Mauritius, supporting the provision of locally delivered fund administration and corporate solutions to clients

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