The data reveals that banks of all types have seen their credit quality decline with the largest shift being in Latin American banks, as seen by a 14:1 ratio showing far more deterioration than improvement
The six banks are all preparing to use the platform’s expanded capabilities to enable new services, improve efficiency and reduce costs when the platform goes live in November 2022
FCA proposals will potentially extend the list of companies covered by disclosure rules to include asset managers, insurers and FCA-regulated pension schemes
Alter Domus has acquired Manhattan-based Investors Economic Assurance, provider of technology solutions and services to alternative investment managers
The funding will be used for accelerating market adoption of the HQLAx platform by expanding product scope and functionality, while further extending connectivity to the industry
“Over the past decade, it’s been a privilege to watch Acadia evolve from our beginnings as a software company to what we are today: a fully-integrated risk management provider for firms engaged in derivatives trading," says CEO Chris Walsh
Northern Trust has been appointed to provide fund accounting, transfer agency and global custody services to Fundsmith’s Luxembourg-domiciled umbrella, Fundsmith SICAV
New business from large corporate and public retirement plans has boosted Northern Trust’s defined contribution (DC) global assets under custody and administration past $1 trillion
TA Associates' Roy Burns says: "We are aligned with Apex management’s vision for the future and look forward to pursuing their global business model with Genstar”