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Broadridge releases white paper for mutual fund nominees
17 July 2012 London
Reporter: Mark Dugdale

Broadridge Financial Solutions's industry white paper explores UK market views on the specific requirements set out in Chapter 5 (investing in authorised funds through nominees) of the Retail Distribution Review (RDR)...

DST and XSP in alliance
02 July 2012 Australia and New Zealand
Reporter: Georgina Lavers

DST Global Solutions has teamed up with XSP to develop a corporate actions solution for investment accounting platform, HiPortfolio. HiPortfolio’s solution will be offered as a module...

Mutual fund assets in China to surpass $1 trillion by 2015
22 June 2012 China
Reporter: Georgina Lavers

A report has predicted Chinese mutual fund assets will triple by 2015 to reach over $1 trillion, and possibly doubling again by 2020, as policy changes are instituted to encourage the development of investment markets and internalization of the curre

BNY Mellon wins $1 billion Baton Rouge custody mandate
12 June 2012 New York
Reporter: Mark Dugdale

Its asset servicing arm has been named custodian for the Employees' Retirement System of the City of Baton Rouge and Parish of East Baton Rouge, Louisiana, which is worth approximately $1 billion...

ISDA partnering up with Markit
07 June 2012 New York
Reporter: Georgina Lavers

The International Swaps and Derivatives Association (ISDA) will partner up with Markit to develop a solution that enables counterparties to amend their OTC derivatives documentation to help compliance with Dodd-Frank...

Resignations and restructuring at Clearstream
31 May 2012 Asia
Reporter: Georgina Lavers

Clearstream will undergo a significant shakeup this summer, as its head of client relations resigns, and its Asian business splits in half...

ABN Amro heads move to IT company
16 May 2012 Amsterdam
Reporter: Mark Dugdale

ABN Amro Bank’s heads of equity finance and information technology solutions, Sander Baauw and Raymond Vuyst, have joined the IT company Synechron...

NAB asset servicing to provide custody for ARPC
22 March 2012 Australia
Reporter: Georgina Lavers

Australian Reinsurance Pool Corporation has given National Australia Bank Asset Servicing a $740 million directive to provide its custodial services...

Rivalry intensifies for FX clearing
21 March 2012 New York
Reporter: Georgina Lavers

Competition for forex clearing is hotting up as the IntercontinentalExchange (ICE) prepares to enter the market alongside players CME Group and LCH.Clearnet...

Apex completes Type 2 examination
12 March 2012 London
Reporter: Justin Lawson

Apex Fund Services completes successful ISAE 3402 and SSAE 16 examination.....

Citi GTS net income down 11% in Q4 2011
17 January 2012 New York
Reporter: Anna Reitman

Citigroup's transaction services net income fell 11 per cent, to $776 million, in the fourth quarter of 2011 versus the same quarter last year on the back of narrow spreads and widening expenses...

Advent strengthens professional services team
27 November 2011 San Francisco
Reporter: Justin Lawson

Advent Software has more than doubled the number of certified project management and consulting team members supporting clients in Europe, the Middle East and Africa during the past 12 months. The team now includes....