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Dion launches FATCA TRAC service


28 January 2013 London
Reporter: Georgina Lavers

Firms will be able to specifically locate clients who will be affected by FACTCA with the help of a new solution from Dion Global Solutions, the TRAC Indicia Check Service...
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ForexClear reaches $500 billion notional cleared


28 January 2013 New York
Reporter: Jenna Jones

LCH. Clearnet has cleared more than $500 billion in notional of FX NDFs through its ForexClear service since it launched in March 2012. The volumes were driven by figures of $207 billion in Q4...
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Citi and Bloomberg get straight to the point


28 January 2013 New York
Reporter: Georgina Lavers

Citi has launched a communication and notification service to enable structured finance issuers to communicate key actions directly to investors in real-time via the Bloomberg Professional service...
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Apex steps confidently into Uruguay


28 January 2013 Uruguay
Reporter: Georgina Lavers

Independent fund administration firm Apex Fund Services has continued expanding into the Latin American markets with the opening of its new office in Montevideo, Uruguay...
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Asset Value Investors uses Paladyne


25 January 2013 New York
Reporter: Georgina Lavers

Paladyne Systems, a Broadridge company has been selected by Asset Value Investors (AVI) to bring greater control to its internal operations...
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Asset verification deemed perilous to PE clients


25 January 2013 London
Reporter: Georgina Lavers

Ipes has released a short briefing on the back office and fund administration implications of the AIFM directive, whilst also introducing its AIF depositary service...
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Alternative fees are falling, say Mercer


24 January 2013 London
Reporter: Georgina Lavers

Asset management fees in alternatives have fallen due to supply and demand dynamics, according to a report by Mercer...
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BNY Mellon to deposit for Hugo Boss


24 January 2013 New York
Reporter: Georgina Lavers

BNY Mellon will act as depository bank for luxury apparel maker Hugo Boss for its sponsored American Depositary Receipt (ADR) programme...
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Custodians are at great legal risk, warns GOAL Group


23 January 2013 London
Reporter: Georgina Lavers

A new forecast study from GOAL Group, a global class action services specialist, predicts that settlements in securities class actions outside of the US will rise to $8.3 billion per year by 2020...
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US Bancorp Fund Services recruits Brett Meili


23 January 2013 Wisconsin
Reporter: Georgina Lavers

US Bancorp Fund Services has hired Brett Meili as legal counsel for its alternative investment products and services division...