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GMEX Group acquires 25 percent of ALTX


04 February 2015 Kampala
Reporter: Stephanie Palmer

GMEX Group has acquired a 25 percent stake in Mauritius-based ALTX Africa group through its subsidiary GMEX Technologies...
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Pershing Securities Australia chooses Broadridge


03 February 2015 Sydney
Reporter: Stephanie Palmer

Pershing Securities Australia has selected Broadridge’s Australian post-trade processing solution as its middle- and back-office processing platform for third-party domestic clearing...
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SS&C acquires Advent for $2.7 billion


03 February 2015 San Francisco
Reporter: Stephanie Palmer

SS&C will acquire San Francisco-based company Advent Software for an enterprise value of approximately $2.7 billion in cash...
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BNY Mellon to service Ontario’s green bond


03 February 2015 Toronto
Reporter: Stephanie Palmer

BNY Mellon has been appointed as fiscal agent, registrar principal paying agent and transfer agent for the Province of Ontario on the issuance of its first green bond...
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Nasdaq launches low-fees experiment


03 February 2015 New York
Reporter: Stephanie Palmer

Nasdaq has begun an experimental fees programme, lowing access fees for 14 key stocks representing both large and small firms on the US equity listings venue...
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Luxembourg pledges responsible investment drive


02 February 2015 Luxembourg
Reporter: Stephanie Palmer

The Association of the Luxembourg Funds Industry has pledged to increase responsible investment in the funds industry to make up 10 percent across the fund centre...
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Preparation leads Guernsey to regulatory success


02 February 2015 Guernsey
Reporter: Stephanie Palmer

Guernsey’s forward-thinking approach to international regulatory requirements has aided the success of its funds industry and raising its profile as an international finance centre...
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BNY Mellon and Deutsche AWM seal the deal


02 February 2015 New York
Reporter: Stephanie Palmer

BNY Mellon has signed an agreement with Deutsche Asset and Wealth Management to provide real estate and infrastructure fund administration services...
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Clearstream opens up Korean market


02 February 2015 Seoul
Reporter: Stephanie Palmer

Clearstream has launched an investment fund cooperation with Korea Securities Depositories, linking its Fundnet platform with Clearstream’s global fund processing platform, Vestima...
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Ryan Labs mandates Ultimus for new fund


02 February 2015 New York
Reporter: Stephanie Palmer

Ryan Labs Asset Management has chosen Ultimus Fund Solutions to provide fund administration services for its recently-launched fixed-income mutual fund...