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EFAMA comments on European Parliament decision on cross border distribution

05 December 2018 Brussels
Reporter: Jenna Lomax

The European Fund and Asset Management Association has welcomed the decision by the European Parliament’s Economic and Monetary Affairs Committee to amend its proposal on the cross-border distribution of funds

EFAMA sees dampened investor demand for UCITS

04 December 2018 Brussels
Reporter: Jenna Lomax

UCITS and AIFs recorded net sales of €40 billion in Q3 2018, according to the European Fund and Asset Management Association latest Quarterly Statistical Release

Vermeg sees strong progress after rebrand

04 December 2018 Amsterdam
Reporter: Jenna Lomax

Vermeg, the banking and insurance software solutions firm, has made strong progress following its acquisition of Lombard Risk

Volante: Change is the only constant for payments processing infrastructures

04 December 2018 London
Reporter: Jenna Lomax

“Change is the only constant for financial institutions’ payments processing infrastructures”, according to a new whitepaper, produced by Finextra, in association with Volante Technologies

ECB launches pan-European service

03 December 2018 Frankfurt
Reporter: Maddie Saghir

The new service is offered at an attractive price, according to the European Central Bank

Asset managers failing to optimise corporate actions

03 December 2018 London
Reporter: Jenna Lomax

Asset managers are failing to optimise corporate actions decisions on a massive scale, according to a whitepaper, released by Greenberg Traurig, LLP

Omniex partners with Kingdom Trust

29 November 2018 San Francisco
Reporter: Jenna Lomax

Omniex has partnered with Kingdom Trust, to accelerate its settlement in over-the-counter crypto markets

SQM Frontier Management selects BNY Mellon

29 November 2018 Virginia
Reporter: Jenna Lomax

BNY Mellon has been chosen by SQM Frontier Management to be the sole provider of its prime custody and FX services

Chartwell reselects Ultimus for fund admin services

28 November 2018 Cincinnati
Reporter: Becky Butcher

Ultimus Fund Solutions has been selected by Chartwell Investment Partners to provide fund administration services for its five mutual funds

SWIFT: Eurosystem has set clear path for financial market renewal

27 November 2018 London
Reporter: Jenna Lomax

While change is underway in wholesale payments across the world, in Europe, the Eurosystem has set a clear path for financial market infrastructure renewal, according to a white paper published by SWIFT

NSD and ARQA Technologies integrate new platform

27 November 2018 Moscow
Reporter: Jenna Lomax

National Settlement Depository, Russia’s central securities depository, and ARQA Technologies have integrated NSD’s centralised system for record keeping of mutual fund units with QUIK software

ForexClear members utilise compression solution for trades

27 November 2018 London
Reporter: Jenna Lomax

ForexClear members have reduced their notional outstanding by $4.5 billion through the use of the service’s compression solution

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