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JTC makes another Guernsey purchase


09 December 2013 Guernsey
Reporter: Georgina Lavers

Fund administrator JTC Group has made a further funds business acquisition in Guernsey, with the purchase of Anson Fund Managers...
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EMCF and EuroCCP now fully combined


06 December 2013 Amsterdam
Reporter: Georgina Lavers

EMCF and EuroCCP, two pan-European cash equities clearinghouses, have announced that the transaction to combine the two entities is now complete...
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Exchange council members elected at Eurex


06 December 2013 Frankfurt
Reporter: Daniel Jackson

The electoral committee of Eurex Deutschland has today confirmed the result of the exchange council election...
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SunGard buys up reporting solutions


05 December 2013 New York
Reporter: Georgina Lavers

SunGard has acquired Softputer Technologies’ FundBridge and NSARFiler solutions for financial and regulatory reporting...
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Guernsey does AIFMD its own way


05 December 2013 Guernsey
Reporter: Georgina Lavers

The Guernsey Financial Services Commission (GFSC) has released a new set of rules which form an opt-in regulatory regime of measures equivalent to the Alternative Investment Fund Managers Directive...
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New Hong Kong CCP clears first OTC derivatives trade


04 December 2013 Hong Kong
Reporter: Georgina Lavers

OTC Clearing Hong Kong, a subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), cleared its first OTC derivatives transaction using Calypso’s CCP OTC clearing solution when it began business on 25th November 2013...
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Unbundled fees is biggest obstacle of T2S


04 December 2013 London
Reporter: Georgina Lavers

Half of respondents to a survey on TARGET2-Securities said that the cost of compliance was what concerned them most about the settlement engine...
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Euroclear and friends snip settlement cycle


03 December 2013 London
Reporter: Georgina Lavers

Euroclear UK & Ireland, in cooperation with London Stock Exchange, BATS Chi-X Europe, the Irish Stock Exchange and Turquoise, will shorten the standard securities settlement cycle for the Irish and UK capital markets to T+2 in October next year...
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Carlos Rebelo joins First Names Group


02 December 2013 Jersey
Reporter: Georgina Lavers

Carlos Rebelo has joined trust, fund and corporate services provider, First Names Group, as group business development manager...
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Renminbi clearing is UK-bound


02 December 2013 London
Reporter: Georgina Lavers

Standard Chartered and the Agricultural Bank of China have signed a Memorandum of Understanding that cements a partnership to provide Renminbi clearing services in the UK...
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BNP Paribas mandated for Asian UCITS funds


29 November 2013 Malaysia
Reporter: Georgina Lavers

BNP Paribas Securities Services has been mandated by Hwang Investment Management to provide services to four UCITS funds...