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Northern Trust expands UAE asset servicing team
28 September 2020 Abu Dhabi
Reporter: Maddie Saghir

The two new positions support Northern Trust’s continued business growth across the region, and follow the expansion of its senior management team in Saudi Arabia, announced earlier this month

HSBC named global custodian for Samsung Fire & Marine Insurance portfolio
28 September 2020 Seoul
Reporter: Maddie Saghir

Samsung Fire & Marine Insurance has appointed HSBC as global custodian for part of its investment portfolio in the US, Europe, Japan and China

Banque de Luxembourg taps MarketAxess for trading solution
28 September 2020 New York
Reporter: Drew Nicol

Axess IQ launched in November 2019 and has been imbued it with “further enhancements”, including the integration of Auto-X, the automated trading solution, and Composite+, an artificial intelligence-powered pricing engine, into its workflow

Ohio DC selects BNY Mellon as custodian
25 September 2020 Ohio
Reporter: Maddie Saghir

Ohio DC is now in the process of negotiating the contract

State Street names new Hong Kong Head of SPDR ETFs
25 September 2020 Hong Kong
Reporter: Maddie Saghir

State Street Global Advisors has bolstered its team with the appointment of Joanne Siu, as head of SPDR ETFs, Hong Kong

Roger Storm joins Euroclear Sweden as new CEO
25 September 2020 Stockholm
Reporter: Becky Bellamy

Roger Storm will be responsible for ensuring Euroclear Sweden progresses its strategic priorities and strengthens further its proposition to both domestic and international financial markets

Exactpro and Quod Financial partner on data-driven approach to software testing
25 September 2020 London
Reporter: Maddie Saghir

The proof of concept was completed over the summer, where Exactpro deployed th2, a new open source microservices-based test automation platform

Ultimus completes second phase of uSUITE technology launch
24 September 2020 Cincinnati
Reporter: Maddie Saghir

Ultimus Fund Solutions has completed the second phase of its uSUITE technology launch, as part of its innovative technology strategy

State Street expands AlphaSM leadership team
24 September 2020 Boston
Reporter: Becky Bellamy

The new appointments include Spiros Giannaros, who has been named CEO of Charles River Development and Dick Taggart, who will expand his responsibilities to manage State Street AlphaSM Services

Kompli-Global implements new KYC solution
24 September 2020 London
Reporter: Maddie Saghir

The solution has been created due to the increase in online criminal activity and to help regulated entities keep up with their regulatory compliance obligations

SS&C gains fund admin mandate from Itaú USA Asset Management
24 September 2020 Connecticut
Reporter: Maddie Saghir

Itaú USA Asset Management (IUAM), the US investment management arm of Itaú Unibanco, Brazil's largest non-government bank, has selected SS&C GlobeOp as its fund administrator

Gemini gets approval to provide cryptocurrency exchange and custody services in UK
24 September 2020 London
Reporter: Becky Bellamy

Gemini has fully expanded in the UK, providing individuals and institutions with cryptocurrency exchange and custody services in pounds sterling