All latest asset servicing news

Torstone Tech doubles its Asian headcount

25 February 2013 London
Reporter: Jenna Jones

Torstone Technology is expanding its financial technology business in Asian markets with the hiring of a local sales manager and additions to the software development and support team...

Calastone hires Shannon Sweeney for Australian presence

25 February 2013 London
Reporter: Georgina Lavers

Calastone, the fund transaction network, is seeking to expand in the Australian managed funds marketplace by hiring Shannon Sweeney as its managing director in Australia...

TMX to buy Equity Financial’s transfer agency business

22 February 2013 Toronto
Reporter: Georgina Lavers

TMX Group is to acquire Equity Financial Holdings’ transfer agent and corporate trust services business for $64 million...

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...

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