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GFT expands compliance team


15 July 2015 London
Reporter: Stephanie Palmer

GFT has hired Oriol Pujol as head of market structure for its new legal, regulatory and compliance practice...
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Sunny June for Clearstream custody and settlement


15 July 2015 Frankfurt
Reporter: Stephanie Palmer

Clearstream has seen increases across the board in its June figures, including a 10 percent increase in assets under custody, year-to-date, and a 12 percent increase in settlement transactions...
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Bitcoin ecosystem is fragile, says SWIFT


14 July 2015 Brussels
Reporter: Stephanie Palmer

The bitcoin ecosystem exists in a fragile balance, and should be stabilised by encouraging smaller ‘mining’ pools, according to a white paper by the SWIFT Institute...
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Summer slump for SS&C GlobeOp


14 July 2015 Windsor, Connecticut
Reporter: Stephen Durham

The gross return of the SS&C GlobeOp Hedge Fund Performance Index for June 2015 measured 0.65 percent, while hedge fund flows as measured by the Capital Movement Index declined 2.71 percent in July...
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SS&C hires Shepro to head new unit


14 July 2015 Windsor, Connecticut
Reporter: Stephanie Palmer

SS&C has launched its new business unit dedicated to the private capital market, and hired Bob Shepro to lead it as senior vice president...
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Raymond James extends BNY subaccounting mandate


14 July 2015 New York
Reporter: Stephanie Palmer

BNY Mellon has extended the subaccounting services it provides for Raymond James & Associates to include 6.4 million active investor positions and more than $140 billion in assets...
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Boutiques are crossing borders


13 July 2015 New York
Reporter: Stephanie Palmer

Boutique asset managers are moving their focus away from their home countries in search of more investment growth, with a particular increase in interest in Europe...
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Computershare acquires SIX SAG


13 July 2015 Zurich
Reporter: Stephanie Palmer

SIX Securities Services is selling SIX SAG, its business in share register services and general meetings for third parties to bank-independent issuer service provider, Computershare...
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VolPay Channels pre-processing


13 July 2015 New York
Reporter: Stephanie Palmer

Volante has launched VolPay Channel, a host-to-host onboarding and pre-processing engine and the firm’s latest addition to its suite of payments processing products...
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NYSE back on form


10 July 2015 New York
Reporter: Stephanie Palmer

The New York Stock Exchange is back up and running after a technical issue caused all trading on NYSE and NYSE MKT to be suspended...
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Chinese ADR mandate for Deutsche Bank


10 July 2015 Zhuji, China
Reporter: Stephanie Palmer

Deutsche Bank has been chosen to act as depository bank for the sponsored Level III ADR of the Hailiang Education Group...