Chris Richmond joins BNP Paribas Securities Services Americas as head of asset owner, asset manager and alternatives client lines, focusing on product development and strategy
Investor-owned fund manager Tradex Management has selected RBC Investor & Treasury Services to provide its full suite of back-office investor services, including custody, fund accounting, securities lending and transfer agency
Gottfried Leibbrandt has been appointed as CLS’s chair, and succeeds Ken Harvey, who retired after ten years as a member of the board, eight of which as chair
With more than 25 per cent of back-office systems aged over 20 years old, the management of legacy technology is now a major growth opportunity for brokers and banks today, according to new research from the ValueExchange
Chan will report to David Russell, Asia Pacific head of Securities Services, and Angel Ng, Hong Kong & Macau CEO and Citi global wealth Asia Pacific head
Technology provider FIA Tech has created a network called the Databank Network, an initiative to bring together independent software vendors, exchanges, clearing houses and other data providers into an interoperable global network
The U.S. Securities and Exchange Commission has proposed amendments to rules and reporting forms to promote consistent, comparable, and reliable information for investors concerning funds’ and advisers’ incorporation of ESG factors
A.M. Best, a rating agency of alternative risk transfer entities, has affirmed the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit rating of ‘a+’ (Excellent) for two BNY Mellon subsidiary insurance companies