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Cathay Conning selects speedy Citi


17 October 2012 Hong Kong
Reporter: Jenna Jones

Cathy Conning Asset Management (CCAM) has outsourced its middle office to Citi after the firm guaranteed it would have operations running within five weeks...
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Oslo Børs does Swedish exchange deal


17 October 2012 Stockholm
Reporter: Jenna Jones

Securities trading firm Oslo Børs is set to acquire full ownership of Swedish exchange company Burgundy...
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Shock resignation as Vikram Pandit leaves Citi


16 October 2012 London
Reporter: Georgina Lavers

In a surprising turn, Vikram Pandit has abruptly left Citigroup after rumours that there were clashes between him and the board over strategy...
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SS&C launches middle-office service for complex portfolios


16 October 2012 Connecticut
Reporter: Georgina Lavers

SS&C Technologies has launched GoTrade+, an advanced, flexible middle-office service for complex investment portfolios. GoTrade+ supports post-trade activities of complex traded transactions...
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J.P. Morgan is new depositary for steel merger


16 October 2012 Tokyo
Reporter: Georgina Lavers

J.P. Morgan is the depositary bank for a new Level 1 American Depositary Receipt programme following the 1 October merger of Nippon Steel Corporation and Sumitomo Metal Industries...
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RBC Investor Services to take care of Airlie Funds


15 October 2012 Sydney
Reporter: Georgina Lavers

RBC Investor Services has been mandated by Australian fund management company, Airlie Funds Management, to provide custody, unit registry and fund administration...
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BMO picks Milestone Group for NAV control


15 October 2012 Toronto
Reporter: Georgina Lavers

The Bank of Montreal has selected Milestone Group’s pControl platform to automate the management and control of its NAV production...
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Darius Gill promoted at Northern Trust advisory group


12 October 2012 Illinois
Reporter: Georgina Lavers

Darius Gill has been promoted to managing director of the Foundation & Institutional Advisors group at Northern Trust, an investment advisory and asset servicing group...