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New hire for State Street fund services


31 May 2012 Boston
Reporter: Georgina Lavers

State Street Corporation has appointed Timothy Donovan to senior managing director and head of real estate fund services for North America...
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SimCorp: Dodd-Frank is a catalyst for change


31 May 2012 New York
Reporter: Mark Dugdale

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...
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NAB on custody high


31 May 2012 Australia
Reporter: Georgina Lavers

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...
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Algorithmics launches pension risk management solution


30 May 2012 New 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...
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BNP Paribas wins Polish sub-custody mandate


30 May 2012 London
Reporter: Georgina Lavers

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...
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Oslo Børs signs off on MoU with LCH.Clearnet


30 May 2012 Norway
Reporter: Georgina Lavers

In 2010 Oslo Børs and LCH.Clearnet entered into a memorandum of understanding regarding interoperability on clearing services for cash equities...
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SunGard improves Protegent’s capabilities


30 May 2012 London
Reporter: Mark Dugdale

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...
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Citi mandated for Israel pension fund


29 May 2012 Tel Aviv
Reporter: Georgina Lavers

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...
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Traiana Appoints Michael Verkuijl as global sales head


29 May 2012 New 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...