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Collateral quality equal to cost


01 November 2012 Sibos
Reporter: Jenna Jones

Almost all of the respondents to a Six Securities Services survey believe that the quality and cost of collateral should be given equal consideration...
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East Capital SICAV appoints SGSS Italy


30 October 2012 Sibos
Reporter: Jenna Jones

East Capital SICAV has recruited Societe Generale Securities Services (SGSS) in Italy to act as its local transfer agent, providing a complete range of securities services...
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SGSS selects Swiss Life Asset Management


29 October 2012 Paris
Reporter: Jenna Jones

Swiss Life Asset Management has chosen Societe Generale Securities Services (SGSS) to provide securities services for 60 investment funds totaling €5.5 billion of AUM...
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J.P. Morgan offers daily portfolio reconciliation


29 October 2012 SIbos
Reporter: Jenna Jones

J.P. Morgan’s Agency Clearing, Collateral Management and Execution (ACCE) business has introduced daily portfolio reconciliation for its derivatives collateral management clients...
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BNP Paribas launches local custody service in US


29 October 2012 New York
Reporter: Jenna Jones

BNP Paribas Securities Services is set to launch a local custody service in the US to provide post-trade services to multi-national banks, brokers and institutional investors...
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XSP unveils XSPrisa


29 October 2012 Sibos
Reporter: Jenna Jones

XSP, the automated end-to-end corporate actions solutions provider, has released its Japanese User Interface (UI) for XSPrisa SaaS...
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DTCC battles literal storm as Sandy visits the US


29 October 2012 New York
Reporter: Georgina Lavers

The Depository Trust & Clearing Corporation today confirmed that it will maintain operations on 29 October despite the impact of hurricane Sandy on the eastern coast of the US...
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Straight from Sibos: Swift partners with SmartStream


29 October 2012 Osaka
Reporter: Georgina Lavers

SWIFT has selected SmartStream Technologies to evolve Accord, SWIFT’s confirmation matching engine. As part of the agreement, SmartStream will provide a number of underlying components of the updated Accord platform...
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Callan hires Kinoshita


26 October 2012 San Francisco
Reporter: Jenna Jones

Callan has recruited Mark Kinoshita as vice president to accommodate the demand for its trust, custody and securities lending services...
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Waiting in vain: IRS announce FATCA delay


26 October 2012 Washington
Reporter: Georgina Lavers

The US Internal Revenue Service announced that it has delayed the starting date of FATCA for non-US financial institutions in countries not covered by an intergovernmental agreement (IGA) with the US...