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New FX services on the cards for Markit
25 August 2015 London
Reporter: Stephanie Palmer

Markit is set to acquire DealHub, a trade processing service provider for the foreign exchange (FX) market...

Mergers and acquisitions driving tech innovation
24 August 2015 London
Reporter: Stephanie Palmer

The increase in mergers and acquisitions among alternative fund administrators is “unprecedented”, and a key driver of technological advancement, according to the CEO of MUFG Fund Services...

Genpact takes over Citibank OpenWealth in the UK
24 August 2015 Glasgow
Reporter: Stephanie Palmer

Genpact has completed its acquisition of Citibank’s UK OpenWealth platform, expanding its own OpenWealth capabilities in to the UK financial services market...

SS&C snaps up Citi alternative investment for $425m
18 August 2015 Windsor, Connecticut
Reporter: Stephanie Palmer

SS&C has made a move to increase its presence in the global fund administration space, acquiring Citi’s Alternative Investor Services business for $425 million...

Richard Hale brings Custom House to London
17 August 2015 London
Reporter: Stephanie Palmer

Custom House Global Fund Services has opened a new London office and appointed Richard Hale to lead it as director of business development in the UK...

New vice president hires for Wells Fargo
12 August 2015 New York
Reporter: Stephanie Palmer

Wells Fargo has hired Michael Gull and Nicholas Granata to its global fund services division...

Confluence expands European team
11 August 2015 London
Reporter: Stephanie Palmer

Confluence has Hired Katie Kiss as director for performance analytics, based in the London office...

Markit’s FX confirmation service live
10 August 2015 London
Reporter: Stephanie Palmer

Markit has launched its new centralised foreign exchange trade confirmation service, part of its MarkitSERV trade processing platform...

John Hancock chooses Citi for custody
05 August 2015 New York
Reporter: Stephanie Palmer

John Hancock Group of Funds has chosen Citi to provide fund accounting services and global custody for 27 international US-registered mutual funds, representing assets of $29.1 billion...

Trader jailed over LIBOR manipulation
04 August 2015 London
Reporter: Stephanie Palmer

The first person to be charged as part of the investigation in to LIBOR manipulation has been found guilty on eight counts of conspiracy to defraud and sentenced to 14 years in prison...

Citi’s Pat Curtin takes on global custody role
31 July 2015 New York
Reporter: Stephanie Palmer

Pat Curtin has moved to the role of head of sales and client management for global custody at Citi...

Accudelta appoints SVP for Europe
28 July 2015 London
Reporter: Stephanie Palmer

Data management platform provider Accudelta has hired Oonagh O’Mahoney as senior vice president of business development in Europe, to lead the growth of the business in the region...