State Street has announced today the launch of a new Collateral Tracking service that helps asset managers and owners accurately assess and manage counterparty risk. Clients can now receive up-to-date reporting on the location and status of all colla

Mizuho Corporate Bank has agreed to acquire 95 per cent of the shares of Eurekahedge...

Guggenheim Partners, a global diversified financial services firm, has launched Guggenheim Global Trading LLC (GGT) which will invest capital on behalf of the firm, its shareholders, its affiliates and a small group of institutional investors...

BNP Paribas Securities Services has become the largest General Clearing Participant on the Hong Kong Stock Exchange (HKSE), clearing over five per cent of the value of the HKSE's daily turnover...

Northern Trust has been appointed by Stenham Asset Management, a leading global fund of hedge funds manager with US$3.5 billion in hedge fund assets under management to provide custody, fund administration, credit and foreign exchange services.

Newedge is now fully-operational as a general clearing member (GCM) of SMX...

ZAN Partners Ltd, an independent investment management firm based in London, has successfully implemented Paladyne FastStart as its fully-hosted front- to back-office solution...

The Securities and Exchange Commission (SEC) has approved the “one-pot” cross-margining arrangement between fixed income positions cleared by DTCC’s Fixed Income Clearing Corporation (FICC) subsidiary...

The California Public Employees’ Retirement System recently announced the appointment of CalPERS executive Larry Jensen as Chief Risk Officer, a new position created to improve the pension fund’s overall risk management program.

Algorithmics, has announced that it has expanded its global team with two new senior appointments in its insurance business in Asia Pacific. The two appointments strengthen Algorithmics’ actuarial modeling resources for its actuarial and financial

Hauck & Aufhäuser Investment Gesellschaft S.A. (HAIG), have replaced their fund accounting system while maintaining operation of all business-critical systems with the aid of Princeton Financial Systems establishing a system architecture for the fut

The New York State Teachers' Retirement System has announced it is looking to appoint a new custodian...