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SunGard apologises for BNY Mellon NAV glitch
01 September 2015 New York
Reporter: Stephanie Palmer

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 to support Irish housing platform
24 August 2015 London
Reporter: Stephanie Palmer

BNY Mellon has been appointed as account bank for a €500 million lending platform for building homes in Ireland, Activate Capital...

Alternative investments on the up
21 August 2015 New York
Reporter: Stephanie Palmer

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...

SS&C sees increases in August
21 August 2015 Windsor, Connecticut
Reporter: Stephanie Palmer

SS&C GlobeOp’s Forward Redemption Indicator shows that notifications recovered somewhat, increasing from July’s 2.08 percent dip to reach a figure of 3.46 percent in August...

Thomas Miller Investment chooses SuMi Trust for funds
13 August 2015 Dublin
Reporter: Stephanie Palmer

SuMi Trust has announced three new sub-funds on GlobalReach New Vision Strategies fund, its Irish UCITS platform jointly sponsored with Tregunter Management Limited...

Two G-SIBs trailing for SLR requirements
31 July 2015 New York
Reporter: Stephanie Palmer

BNY Mellon and State Street are at risk of failing to comply with the Basel III supplementary leverage ratio requirements, and should retain higher levels of capital in order to ensure compliance...

June slump for SS&C GlobeOp
22 July 2015 London
Reporter: Stephanie Palmer

SS&C GlobeOp’s Forward Redemption Indicator for July shows notifications have dipped to 2.08 percent, from 4.72 percent in June...

Summer slump for SS&C GlobeOp
14 July 2015 Windsor, Connecticut
Reporter: Stephen Durham

The gross return of the SS&C GlobeOp Hedge Fund Performance Index for June 2015 measured 0.65 percent, while hedge fund flows as measured by the Capital Movement Index declined 2.71 percent in July...

Boutiques are crossing borders
13 July 2015 New York
Reporter: Stephanie Palmer

Boutique asset managers are moving their focus away from their home countries in search of more investment growth, with a particular increase in interest in Europe...

OECD backs Guernsey as "cooperative jurisdiction"
06 July 2015 Guernsey
Reporter: Stephen Durham

The Organisation for Economic Cooperation and Development (OECD) has underlined Guernsey’s reputation as a “cooperative jurisdiction”...

Broadridge wins BBVA post-trade mandate
01 June 2015 New York
Reporter: Stephanie Palmer

BBVA Group has adopted Broadridge’s Managed Service, as a post-trade utility model to support its fixed-income business in the US...

Guernsey fund industry growth in Q1 2015
25 June 2015 Saint Peter Port
Reporter: Becky Butcher

The value of investment fund business in Guernsey grew £2.8 billion, or 1.28 percent, during Q1 this year, according to the Guernsey Financial Services Commission (GFSC)...