Thirty percent of respondents to a SimCorp poll admitted that it would take days or weeks to estimate the profit and loss of a potential default of the companies to which they are exposed...
Fiducian Portfolio Services has mandated NAB’s asset servicing business as its new custodian, and AMNIST Super has renewed its contract with the Australian bank...
30 May 2012New York, London and Toronto Reporter: Georgina Lavers
Algorithmics, an IBM Company, has launched a new edition of its existing solution, Portfolio Construction and Risk Management for Pension Funds, to help pension funds better manage their funding status...
BNP Paribas Securities Services has won a mandate to provide sub-custody and settlement services to ConvergEx in Poland. ConvergEx provides proprietary software products and technology-enabled services...
Protegent’s new features include a rules library that supports compliance with the European Securities and Markets Authority’s guidelines on systems and controls in an automated trading environment for trading platforms...
Citi will provide fund administration services for Phoenix Pension & Provident Funds to support its new personal provident fund offering, a form of retirement savings through defined contribution schemes...
29 May 2012New York and London Reporter: Georgina Lavers
Post-trade solutions provider Traiana will see Michael Verkuijl as its new global head of sales. In this new role, Verkuijl will be a member of Traiana’s executive team reporting to Gil Mandelzis...