All latest asset servicing news

SocGen adopts SWIFT standard for French fund activity

22 February 2013 Paris
Reporter: Georgina Lavers

In December 2012, Societe Generale Securities Services (SGSS) completed migration to the ISO 20022 (MX) standard for its routing and centralising of UCITS orders in France...

Deutsche Bank adds David West to APAC region

21 February 2013 Hong Kong
Reporter: Jenna Jones

Deutsche Bank’s global transaction banking division has appointed David West as regional head of trust and agency services in Asia Pacific...

Oriflame Cosmetics names Deutsche as depository bank

21 February 2013 New York and Stockholm
Reporter: Jenna Jones

Oriflame Cosmetics S.A. has appointed Deutsche bank as depositary bank for its sponsored Level I American Depository Receipt (ADR) programme...

Sooraj Sreenivasan succeeds Gina Slotosch as head of TA for HSBC

21 February 2013 Singapore
Reporter: Georgina Lavers

Sooraj Sreenivasan is the new global head of Transfer Agency and Distribution Support for HSBC Securities Services, effective from 1 March 2013...

Sally Gilding moves to corporate services at Deutsche

21 February 2013 London
Reporter: Georgina Lavers

Deutsche Bank has hired Sally Gilding as the global head of corporate services within its Global Transaction Banking division...

TriOptima eliminates record numbers of Japanese yen

21 February 2013 New York
Reporter: Georgina Lavers

TriOptima has eliminated JPY 271.6 trillion ($3 trillion) in cleared interest rate swap notional principal outstandings from LCH SwapClear, the largest ever triReduce compression cycle in JPY interest rate swaps...

Riva expands in Isle of Man

20 February 2013 Isle of Man
Reporter: Georgina Lavers

Riva Financial Systems has hired Jo Smith as head of its project management office. Smith joins Riva from Capita, where she held the position of head of project management...

DST expands in Asia Pacific

20 February 2013 Australia
Reporter: Georgina Lavers

DST Global Solutions is expanding its Anova team in the Asia Pacific region with the appointment of John Hogan as regional Anova solution manager for Australia and New Zealand and Daniel Kennedy as regional Anova solution manager in Asia...

Belgian AG Insurance seeks custody with BNP Paribas

20 February 2013 Belgium
Reporter: Georgina Lavers

BNP Paribas Securities Services has been mandated by AG Insurance in Belgium as one of its two global custodians for the assets underlying its insurance products...

HSBC makes landmark connection in Singapore

20 February 2013 Singapore
Reporter: Georgina Lavers

HSBC Securities Services has become the first fund administrator in Singapore to connect a Singaporean domestic fund to an electronic, securities processing platform...

NAB Asset Servicing connects to Calastone

19 February 2013 Melbourne
Reporter: Georgina Lavers

NAB Asset Servicing has announced the successful connection to the Calastone global transaction network with the business now receiving fund transactions electronically on behalf of fund manager clients...

Phoenix checks off auditing standards

19 February 2013 London
Reporter: Georgina Lavers

Phoenix Fund Services has obtained ISAE 3402 Type II certification for its internal control procedures across its investment operations and fund administration business...

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