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State Street calls on Michael Bell


07 June 2013 London
Reporter: Georgina Lavers

State Street has named Michael Bell as executive vice president and member of its management committee, the company’s senior-most policy-making and strategy group...
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TriOptima to support DTCC data


06 June 2013 New York
Reporter: Georgina Lavers

TriOptima will support data verification and portfolio reconciliation of DTCC’s trade repository data as requested by triResolve clients’ for their OTC derivatives portfolios...
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Cayman-based fund appoints Citi for TA


06 June 2013 Caymans
Reporter: Georgina Lavers

Citigroup was appointed by Altera Absolute Russia, the Cayman-based fund, to provide prime brokerage, fund accounting and transfer agency services...
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Mackenzie makes a beeline for Citi’s services


05 June 2013 Hong Kong and Singapore
Reporter: Jenna Jones

Mackenzie Investments has selected Citi to provide a complete suite of fund administration, middle office, collateral management and transfer agent services in support of its portfolio advisory and fund management activities in Asia...
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BlackRock and Euroclear to launch innovative iShares ETF


05 June 2013 Brussels and London
Reporter: Jenna Jones

BlackRock and Euroclear Bank plan to issue the first iShares ETF with an international securitiy structure, to reform ETF trade processing and settlement across Europe...
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Northern Trust names new ETF administration head


05 June 2013 Dublin
Reporter: Mark Dugdale

Northern Trust has appointed Fiona Moore as head of fund administration for its exchange traded funds business across Europe, the Middle East and Africa...
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Maitland finds a friend in SunGard’s Investran


05 June 2013 Cape Town
Reporter: Jenna Jones

South African third party administrator, Maitland, has selected SunGard’s Investran to help automate the firm’s investment accounting process and investor reporting operations...
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Large Mexican pension fund looks to State Street


04 June 2013 Mexico
Reporter: Georgina Lavers

State Street has been appointed by Afore SURA, one of the largest pension funds in Mexico, to provide custody and fund administration services for international segregated accounts...
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Eddie Astanin snaps up third membership


04 June 2013 St. Petersburg
Reporter: Georgina Lavers

Eddie Astanin, chairman of the executive board for Russia’s central securities depository NSD, has been elected as a member of the exchange committee of the Saint-Petersburg Currency Exchange...
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Nordic brokerage ABG picks SunGard


04 June 2013 Oslo
Reporter: Georgina Lavers

ABG Sundal Collier (ABGSC), a Nordic institutional brokerage firm, has chosen SunGard’s Front Arena to replace its former multi-vendor infrastructure for trade execution, order management, and proprietary trading...
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Eurex sees good trading volumes for May


04 June 2013 Frankfurt
Reporter: Georgina Lavers

In May, the international derivatives exchanges of Eurex Group achieved an average daily volume of 10.1 million contracts, an increase from the 11.2 million seen in the same month last year...
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Markit accesses exchange traded products market


03 June 2013 London and New York
Reporter: Georgina Lavers

Markit has created an analytics solution for the global Exchange Traded Products (ETP) market, building on the foundation of Markit’s encyclopaedia and composition data...