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FundBPO outsources workflow to DST Systems


21 March 2017 Sydney
Reporter: Drew Nicol

Wealth management software specialist DST Systems has secured Australian fund administrator FundBPO as the first user of its new transfer agency solution for a five-year contract
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£550 million mandate for Northern Trust


10 March 2017 London
Reporter: Stephanie Palmer

Northern Trust has been appointed to provide global custody and other services for £550 million in pension fund assets for the Scottish Borders Council
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NA asset managers will unbundle ahead of MiFID II


06 January 2017 New York
Reporter: Mark Dugdale

A staggering 82 percent of North American asset managers plan to fully unbundle all of their brokers globally, despite many not expecting the EU’s MiFID II to directly affect them...
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QIC extends mandate with Northern Trust


14 December 2016 Melbourne
Reporter: Stephanie Palmer

Northern Trust has been reappointed to provide global custody, fund accounting, taxation and investment operations outsourcing services for Australian fund manager QIC Limited...
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AFME issues new sub-custodian questionnaire


08 December 2016 Brussels
Reporter: Mark Dugdale

The Association for Financial Markets in Europe has published a new due diligence questionnaire in a bid standardise and simplify them for sub-custodians...
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GCF: Depository banks need more grilling


30 November 2016 London
Reporter: Drew Nicol

Neither investors or counterparties are doing enough to challenge depository banks on their ability to weather so-called 'black swan' events, according to delegates at Global Custody Forum in London...
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BNY Mellon acts as trustee on Aberdeen bond


23 November 2016 Aberdeen
Reporter: Mark Dugdale

BNY Mellon has been appointed as trustee and paying agent on Aberdeen City Council's £370 million bond for infrastructure projects...
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SGSS wins European custody mandate


22 November 2016 Paris
Reporter: Stephanie Palmer

Societe Generale Securities Services has been selected by publicly-owned French bank SFIL, and its financing institution CAFFIL, to provide global custody for assets in Europe...
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RBC I&TS mandated for innovative biotech fund


17 November 2016 Paris
Reporter: Stephanie Palmer

iBionext has chosen RBC Investor & Treasury Services to provide custody services for its new innovation fund, the iBionext Growth Fund for institutional biotech investors...