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Euroclear and DTCC announce joint venture


07 May 2014 London
Reporter: Stephen Durham

The Boards of Euroclear and The Depository Trust & Clearing Corporation (DTCC) have authorised a joint venture to deliver a collateral processing infrastructure that will integrate both companies’ capabilities...
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New FATCA solution for TMF clients


07 May 2014 Chicago
Reporter: Tammy Facey

TMF Custom House Global Fund Services is offering a new Foreign Account Tax Compliance Act (FATCA) solution...
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Citi lands NBIM mandate


06 May 2014 Oslo
Reporter: Stephen Durham

Citi has been awarded a mandate from NBIM, the organisation responsible for managing the Government Pension Fund Global, to provide global custody and securities lending services to support NBIM’s $850 billion investment portfolio globally...
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Providence Financial acquires Fund Corporation


06 May 2014 London
Reporter: Stephen Durham

Brazilian emerging markets specialist Providence Financial is moving into fund administration in Guernsey, after agreeing to acquire Fund Corporation...
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Swiss bank chooses SIX


06 May 2014 Zurich
Reporter: Stephen Durham

SIX Securities Services is to operate the new Swiss money market trading platform as of May 2014...
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NAB deploys new analytics system


06 May 2014 Melbourne
Reporter: Stephen Durham

National Australia Bank’s (NAB) asset servicing business has deployed a new investment performance and risk analytic system from Eagle Investment Systems, a subsidiary of BNY Mellon, to help clients manage their investments...
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BNY Mellon buys remaining piece of HedgeMark


02 May 2014 US
Reporter: Tammy Facey

HedgeMark International will become a part of BNY Mellon’s asset servicing business, following the bank’s full acquisition of the service provider...