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Ipes Luxembourg wins Constellation III mandate

Independent Swiss private equity company, Constellation has selected Ipes as the administrator for its Constellation III German Asset Light Fund...

SunGard helps firms avoid fails

SunGard has enhanced post-trade solutions in response to recent regulator recommendations which will see firms penalised for mortgage and agency debt fails...

CACEIS to buy EFG's FA business

EFG International has agreed to sell its fund administration business, Swiss Investment Funds, to CACEIS...

Monsoon Capital picks SEI for FA

SEI is selected by Monsoon Capital to provide full fund administration and trustee and custodial services for the US-based asset manager's UCITS IV fund...

Canada's CSD holding up Maple bid for TMX

Competition concerns have pushed back Maple Group's bid for Canada's national exchange one month as regulators mull over pricing implications for the Canadian Depository for Securities (CDS)...

BBAC upgrades to Misys BankFusion

BBAC has successfully implemented Misys BankFusion Equation across 38 branches, which will allow the Lebanon-based commercial bank to develop applications and introduce new products quicker....

Euroclear sees 10% turnover lift in 2011

Euroclear clients settled transactions valued at a record €580 trillion in 2011, up 10 per cent year-on-year...

HSBC launches 3rd party clearing in Japan

HSBC Securities Services has launched its Third-Party Clearing service in Japan...

DTCC hires Davies as new VP for Europe

DTTC has named Mark Davies as vice president for data business development focused on the clearing house's involvement in the Legal Entity Identifier (LEI) programme in Europe...

Misys fuses IBM into banking platform

Misys has selected IBM software to help power its BankFusion platform so that banks can develop new processes or adapt existing processes faster and better...

BNY Mellon automates hedge fund admin

BNY Mellon has enhanced its loan administration functionality to offer hedge funds and fund of hedge fund clients an automated solution with increased transparency...

CFTC gives passing grades to 14 FCMs

The Commodity Futures Trading Commission (CFTC) found the top 14 futures commission merchants (FCMs) compliant with requirements to segregate customer funds...

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