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AUC and AUA increase at BNY Mellon


02 May 2014 New York
Reporter: Mark Dugdale

Assets under custody and/or administration at BNY Mellon amounted to $27.9 trillion at the end of March, an increase of 6 percent compared to 2013 and 1 percent over the previous quarter...
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Citi adds Bulgaria to network


01 May 2014 Bulgaria
Reporter: Tammy Facey

Citi has significantly expanded its direct custody and clearing network...
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First Derivatives launches Delta Tools


01 May 2014 London
Reporter: Stephen Durham

First Derivatives has launched Delta Tools for Calypso software, designed to manage and control the platform used widely by financial institutions for cross asset trading, risk and processing...
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BNP Paribas acquires Spanish depo bank


01 May 2014 Madrid
Reporter: Stephen Durham

BNP Paribas Securities Services has acquired Banco Popular’s depositary banking business. The transaction is expected to close in early summer 2014, subject to regulatory approval...
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Capco gains new UK CEO


01 May 2014 London
Reporter: Tammy Facey

Business and technology consultancy Capco has appointed Steve Vinnicombe as its new UK CEO....
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A rise in cross-border funds processing


01 May 2014 EU and US
Reporter: Tammy Facey

There has been a significant rise in cross-border funds processing, according to the European Fund and Asset Management Association (EFAMA) and SWIFT....
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Broadscope releases FATCA paper


30 April 2014 New Jersey
Reporter: Stephen Durham

Broadscope Fund Administrators, an independent private equity fund administration firm, has released a whitepaper outlining key recommendations for private equity firms developing strategies to comply with FATCA...
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SmartStream and SEI create new platform


30 April 2014 London
Reporter: Tammy Facey

SmartStream Technologies and asset manager SEI have collaborated to create a new platform for SEI’s wealth management clients to manage their cash, transactions and securities positions all at once....
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Northern Trust sees QDLP opportunity in China


30 April 2014 Asia Pacific
Reporter: Tammy Facey

Northern Trust is offering a helping hand for specialist fund administration out of Beijing to help Asia Pacific investments go further...