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SGSS provides admin solutions for SCM Private


28 October 2014 London
Reporter: Stephanie Palmer

Societe Generale Securities Services in the UK has been mandated by investment company SCM Private to provide an outsourcing solution for wealth and investment management administration...
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Deutsche Börse CEO to leave next year


27 October 2014 Frankfurt
Reporter: Stephanie Palmer

Deutsche Börse CEO Reto Francioni will step down after the company’s annual general meeting on 15 May 2015...
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State Street reports 9 percent rise in fees


27 October 2014 London
Reporter: Stephanie Palmer

State Street saw a 9 percent jump in asset servicing and management fees in Q3 2014, compared to the same period in 2013...
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AIFMD reporting solutions abound


27 October 2014 London
Reporter: Stephanie Palmer

The UK Financial Conduct Authority has launched its GABRIEL system for collection, validation and storage of regulatory data, as private industry solutions continue to come to market...
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BNY Mellon appoints new chief risk officer


24 October 2014 New York
Reporter: Stephanie Palmer

BNY Mellon has appointed James Wiener as its new chief risk officer and executive vice president, effective from 24 November 2014...
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Northern Trust sees 15 percent fee jump


23 October 2014 Chicago
Reporter: Mark Dugdale

Northern Trust saw its custody and fund administration fees increase 15 percent in Q3 2014 to $275 million...
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J.P. Morgan's AUC beats Q3 2013


23 October 2014 New York
Reporter: Mark Dugdale

J.P. Morgan had $21.2 trillion in assets under custody during Q3 2014, taking a hit sequentially but beating last year’s result...
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Northern Trust boost from Parisian fund


22 October 2014 Paris
Reporter: Stephanie Palmer

BlueHive Capital has enlisted Northern Trust to handle hedge fund administration services and middle-office outsourcing for its newly launched fund...
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Traiana to help CCPs connect


22 October 2014 New York
Reporter: Stephen Durham

Traiana has launched Harmony CCP Connect for equities and successfully completed its first trade...