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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...
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J.P. Morgan makes Drumgoole APAC head of DCC


26 October 2012 Osaka
Reporter: Jenna Jones

J.P. Morgan has hired Michael Drumgoole to head up direct custody and clearing (DCC), Asia Pacific, as the firm’s DCC platform goes live in Hong Kong...
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Apex branches out in San Francisco


26 October 2012 San Francisco
Reporter: Jenna Jones

Apex Fund Services, an independent fund administration firm, is expanding in the US with the opening of its San Francisco office...
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New SAS software reduces time to decision


25 October 2012 London
Reporter: Georgina Lavers

Software solutions company SAS has new software to help real-time decision making. SAS DataFlux Event Stream Processing Engine is available in December...
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BNP Paribas acquires new US mandate


25 October 2012 New York
Reporter: Jenna Jones

Edgewood L Select has chosen BNP Paribas to provide global custody, transfer agency and corporate domiciliation...
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BNP Paribas wins new UK pension fund mandate


25 October 2012 London
Reporter: Jenna Jones

Middlesbrough council has selected BNP Paribas Securities Services to provide global custody, monthly valuation and foreign exchange services to the Teesside pension fund...
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XSP gets corporate actions accredited


25 October 2012 New York
Reporter: Jenna Jones

Corporate actions solution provider XSP, has earned the 2012 SWIFTReady Corporate Actions Label for the eighth consecutive year...
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ISDA set to enhance CCS


24 October 2012 New York
Reporter: Jenna Jones

The International Swaps and Derivatives Association (ISDA) will help to further develop the Clearing Connectivity Standard (CCS)...