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SIX sees success with fifth AA- rating


18 December 2014 Zurich
Reporter: Stephanie Palmer

SIX Group Ltd has received an AA- credit rating from Standard & Poor’s, while its two securities services providers, SIX SIS Ltd and SIX x-clear Ltd, each received an AA rating...
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Spaulding Group lays down benchmark cost guidelines


17 December 2014 New York
Reporter: Stephanie Palmer

The Spaulding Group has released a set of custodian guidelines for transparency in benchmark cost, partnering up with three custodian banks; BNY Mellon, State Street and Northern Trust...
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Fundtech: Customer service means greater efficiency


17 December 2014 New York
Reporter: Stephanie Palmer

Improved customer services can lead to improved operational efficiency, lower costs and higher-speed processing, according to a white paper by Fundtech...
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Clearstream supporting ICBC RMB launch


17 December 2014 Luxembourg
Reporter: Stephanie Palmer

The Industrial and Commercial Bank of China has launched its services as a renminbi clearing bank for Luxembourg, with Clearstream acting at the securities settlement system...
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BNP Paribas secures Liquidnet mandate


17 December 2014 New York
Reporter: Stephanie Palmer

BNP Paribas Securities Services has been selected to provide back-office services in the Asia Pacific region for the institutional trading network Liquidnet...
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Gibraltar and Swiss authorities sign MoU agreement


17 December 2014 Gibraltar
Reporter: Stephanie Palmer

The Swiss Financial Markets Supervisory Authority and the Gibraltar Financial Services Commission have signed an agreement to work together in the supervision of alternative investment fund managers...
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ICE acquires Holland Clearing House


16 December 2014 Amsterdam
Reporter: Stephanie Palmer

Intercontinental Exchange has completed its acquisition of a majority stake in Holland Clearing House, and been granted full authorisation by the European Market Infrastructure Regulation...
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European growth damaged by politics, says RBI


16 December 2014 Vienna
Reporter: Stephanie Palmer

The European financial market is hampered by geopolitical tensions in the euro area, as growth remains slower than in the US, Valentin Hofstätter said in his presentation of Strategy Global Markets for Q1 2015...