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New FX services on the cards for Markit


25 August 2015 London
Reporter: Stephanie Palmer

Markit is set to acquire DealHub, a trade processing service provider for the foreign exchange (FX) market...
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Mergers and acquisitions driving tech innovation


24 August 2015 London
Reporter: Stephanie Palmer

The increase in mergers and acquisitions among alternative fund administrators is “unprecedented”, and a key driver of technological advancement, according to the CEO of MUFG Fund Services...
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Genpact takes over Citibank OpenWealth in the UK


24 August 2015 Glasgow
Reporter: Stephanie Palmer

Genpact has completed its acquisition of Citibank’s UK OpenWealth platform, expanding its own OpenWealth capabilities in to the UK financial services market...
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BNY Mellon to support Irish housing platform


24 August 2015 London
Reporter: Stephanie Palmer

BNY Mellon has been appointed as account bank for a €500 million lending platform for building homes in Ireland, Activate Capital...
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Alternative investments on the up


21 August 2015 New York
Reporter: Stephanie Palmer

Alternative asset classes are seeing an increase in popularity, with 79 percent of institutional investors now investing in at least one, according to Preqin’s latest Investor Outlook report...
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SS&C sees increases in August


21 August 2015 Windsor, Connecticut
Reporter: Stephanie Palmer

SS&C GlobeOp’s Forward Redemption Indicator shows that notifications recovered somewhat, increasing from July’s 2.08 percent dip to reach a figure of 3.46 percent in August...
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SGX consults on affiliate segregation


20 August 2015 Singapore
Reporter: Stephanie Palmer

Singapore Exchange has proposed the introduction of affiliate segregation, a system designed to protect the collateral of an SGX Derivatives Clearing member’s affiliates in the case of a default...
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Health care hedge investment on the up


20 August 2015 New York
Reporter: Stephanie Palmer

Hedge funds are moving towards health care stocks and away from the technology sector, according to the S&P Capital IQ quarterly hedge fund tracker...
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New UK executive for ABN AMRO Bank


19 August 2015 London
Reporter: Stephanie Palmer

ABN AMRO Bank has appointed Robbert Booij to the position of country executive for the UK, and general manager of the UK branch...
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All change for Deloitte financial services


19 August 2014 London
Reporter: Stephanie Palmer

Deloitte has made several changes to its UK financial services practice, appointing James O’Riordan as head of the business...
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SS&C snaps up Citi alternative investment for $425m


18 August 2015 Windsor, Connecticut
Reporter: Stephanie Palmer

SS&C has made a move to increase its presence in the global fund administration space, acquiring Citi’s Alternative Investor Services business for $425 million...