08 August 2017
Reporter: Jenna Lomax

RBC I&TS strengthens regulatory team

RBC Investor & Treasury Services (I&TS) has bolstered its Europe and Asia Pacific governance and regulatory solutions team with the appointment of Wendy Phillis as managing director.

Phillis will lead the governance and regulatory solutions team from RBC I&TS’s London office.

She joins RBC I&TS from ICAP, where she was chief risk and compliance officer for nearly three years. In that time, Phillis established the markets operator’s global risk management strategy.

Phillis previously spent 16 years at State Street where she was senior managing director in charge of risk and compliance.

Andrea Horton, global head of governance and regulatory solutions at RBC I&TS, said “Wendy Phillis’s experience and deep industry knowledge will be of significant value as we navigate and manage the evolving regulatory landscape.”

“ [Her] expertise will also be of critical importance in ensuring our services continue to support our clients’ needs against the backdrop of regulatory change.”

The appointment of Phillis comes shortly after RBC I&TS’s recruitment of Michelle Hall as director of UK business management. Hall is responsible for delivering business plans, status reporting and analysis of metrics to ensure internal governance and controls for the RBC I&TS UK business.

More news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Merrill Lynch first to fall foul of UK’s EMIR reporting rules
23 October 2017 | London | Reporter: Drew Nicol
The bank accepted a £34.52 million penalty relating to 68.5 million unreported transactions between February 2014 and February 2016
Wolters Kluwer chosen for risk and reg by Polish bank
23 October 2017 | Warsaw | Reporter: Theo Andrew
Bank BPS will use the OneSumX solutions for static and dynamic projection analysis, liquidity reporting, interest-rate and foreign-exchange risk, as well as value-at-risk analysis
Iberclear bank on Citi to provide global custody
20 October 2017 | Madrid | Reporter: Jenna Lomax
The agreement, signed at this years Sibos conference in Toronto, will enable Spanish clearing houses to settle international securities via local CSDs
Clearstream promises post-Brexit services continuity
20 October 2017 | London | Reporter: Jenna Lomax
Despite the uncertainty that came after the referendum results last year, Clearstream said its main objective through Brexit was to minimise risk of cross-border settlement
AI will be transformative, but is still in early stages
19 October 2017 | Toronto | Reporter: Stephanie Palmer
Artificial intelligence is a “transformational technology” that will improve productivity and security, and provide a competitive advantage, according to a live poll at Sibos 2017
Security and standards key in blockchain solutions
19 October 2017 | Toronto | Reporter: Stephanie Palmer
Distributed ledger technology (DLT) solutions should embed security measures at their very core, especially in the financial services space, according to Sibos panellists
LCH promotes Daniel Maguire to CEO
19 October 2017 | London | Reporter: Jenna Lomax
Maguire, who has been COO of the same department since April this year, was previously senior vice president for commodity exotics and hybrids at J.P. Morgan
More news