Florida State Board of Administration is to begin a search in March for a master custodian in a move that may mean it unbundles securities lending and other services from the mandate.

State Street has been awarded the custody and fund accounting mandate for Sweden's AP2 pension fund.

Meridian Global Fund Services Group has implemented a managed hosting solution which moves their core IT infrastructure and data into a secure cloud environment.

Credit Suisse has announced that it has executed its first trades using Smart Order Routing (SOR) technology on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in India.

Northern Trust has announced it can now assist fund managers across the globe with the generation and maintenance of Key Investor Information Documents (KIID).

Societe Generale Securities Services (SGSS) has signed a commercial agreement with Oddo Services to develop a joint securities services offering for medium-size wealth management players in France.

Euroclear Bank, the Istanbul Stock Exchange (ISE) and Takasbank, the central clearing and settlement institution of Turkey, has announced an exclusive agreement whereby Turkish Eurobonds listed and traded on the ISE will settle at Euroclear Bank

ORC Software selects Interactive Data 7Ticks to deliver range of trading infrastructure services

In November 2010, the value of assets under custody held on behalf of customers registered an increase of four per cent to €11.1 trillion (compared to €10.7 trillion in November 2009)...

Multifonds, a leader in single-platform multi-jurisdictional investment fund software, has responded to the changing demands of fund administration for hedge funds with impressive new functionality.

Appointment reinforces Northern Trust's commitment to the charities, foundations and endowments sector as they win the GBP881 million mandate from The National Trust

BNP Paribas has appointed Peter Albano as head of Investor Relationship Management for Hedge Funds and Institutions, Americas (IRM.)