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”
ANNA collaborates with other standards bodies and industry to continuously develop and promote standards in line with industry needs and market evolution
Eligible clients now have access to the Middle Eastern country’s Islamic and corporate bond market and listed ETFs thanks to an indirect linkage established via HSBC Saudi Arabia acting as local custodian for Clearstream
Capco's Dave Grace suggests at present the market is simply not going to be able to address all the relevant complexities prior to the scheduled transition from Sterling LIBOR for all products and client types at the end of 2021
State Street has published its findings from a survey looking into the actions alternative asset managers plan to take in order to meet the growing needs of institutional investors