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EBAday: embrace authentication


13 May 2015 Amsterdam
Reporter: Stephanie Palmer

The banking industry has failed to embrace the opportunity to provide identity authenticating services under the Payments Service Directive II, said a panel at at EBAday annual congress in Amsterdam...
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Bumper April for Clearstream


13 May 2015 Frankfurt
Reporter: Stephen Durham

In April 2015, the overall value of assets under custody held on behalf of Clearstream customers registered an increase of 10 percent to €13.3 trillion (compared to €12.1 trillion in April 2014)...
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EBAday: banks still best placed for payments


13 May 2015 Amsterdam
Reporter: Stephanie Palmer

Financial institutions should remain at the heart of the payments sector, but only after a technological revolution, according to Chris Larsen, CEO of real-time payments and settlement system Ripple...
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Mixed results for SS&C


13 May 2015 Connecticut
Reporter: Stephen Durham

The gross return of SS&C GlobeOp’s Hedge Fund Performance Index for April 2015 measured 0.34 percent, down from 1.30 percent in the previous month...
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EBAday: trusty transactions


12 May 2015 Amsterdam
Reporter: Stephanie Palmer

Trust in banks is still suffering, but by changing aspects of the way the industry works, client confidence will return, according to the keynote speaker at the EBAday annual congress in Amsterdam...
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African Development Bank invests in CSDs


12 May 2015 Nairobi
Reporter: Becky Butcher

CDSC Kenya, CSCS Nigeria and Altree Financial Group have partnered with the African Development Bank to deliver improved information technology and support services to central securities depositories operating across Africa...
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RBC selected by Sun Life Financial Canada


12 May 2015 Toronto
Reporter: Stephen Durham

RBC Investor & Treasury Services has been appointed as custodian and fund administrator for Sun Life Financial Canada’s new line of segregated funds in the Canadian market...
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Guernsey receives kudos from EC


11 May 2015 Guernsey
Reporter: Stephen Durham

The chief minister of Guernsey has welcomed support from European parliamentarians and the European Commission for the “positive contribution” the island makes to the European economy...
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RBC appoints Francis Jackson


11 May 2015 London
Reporter: Becky Butcher

RBC Investor & Treasury Services has appointed Francis Jackson as global head of client coverage for asset managers, pensions and sovereign wealth...
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AIFs at risk from asset segregation


11 May 2015 New York
Reporter: Stephanie Palmer

Asset segregation as proposed under AIFMD will compromise tri-party collateral management and securities lending, according to Ross Whitehill, managing director of BNY Mellon Markets Group...