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All latest asset servicing news

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Pension fund separates sec lending from custody


22 August 2012 Austin, Texas
Reporter: Mark Dugdale

Texas Municipal Retirement System had named Deutsche Bank as its securities lending agent and rehired State Street as its global custodian...
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SWIFT realises key T2S landmarks


22 August 2012 Brussels
Reporter: Georgina Lavers

SWIFT has completed the proof of concept phase of development of its value-added network solution for T2S. “This is a critical milestone in the delivery of SWIFT’s solution...
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LCH.Clearnet acquires IDCG


21 August 2012 London
Reporter: Jenna Jones

LCH.Clearnet Group has acquired International Derivatives Clearing Group (IDCG) from the Nasdaq OMX Group, reinforcing its presence in the US...
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SS&C GlobeOp sees investors wary of hedge funds


21 August 2012 London & New York
Reporter: Georgina Lavers

The SS&C GlobeOp Forward Redemption Indicator for August 2012 measured 3.34 percent, up from 2.18 percent in July and reflecting increased investor demands to exit hedge funds...
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Broadridge recruits Jose Contin as general manager


21 August 2012 London
Reporter: Jenna Jones

Broadridge Financial Solutions has appointed Jose Contin as general manager of Broadridge City Networks for the EMEA region. He will be based in London and will focus on growing the business in Europe, Africa and the Middle East...
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Kevin Hogan moves from Macquarie to RBC


21 August 2012 Sydney
Reporter: Georgina Lavers

RBC Investor Services revealed that its new director of client operations in Australia is former Macquarie employee Kevin Hogan. Based in Sydney, Hogan will...
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Capgemini and Pegasystems partner up for FATCA


21 August 2012 Massachusetts and Paris
Reporter: Georgina Lavers

Capgemini, along with Pegasystems and law firm DLA Piper announced a joint compliance offering for financial institutions that are subject to the US Foreign Account Tax Compliance Act (FATCA)...
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Unum elects Keaney as director


17 August 2012 Tennessee
Reporter: Georgina Lavers

Unum Group has chosen Timothy Keaney, vice chairman of BNY Mellon and CEO of BNY Mellon Asset Servicing, as a director of the company...
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Citi implements $22.7 billion Victory mandate


17 August 2012 New York
Reporter: Mark Dugdale

Citi has successfully implemented a mandate to convert Victory Capital Management assets to a full range of middle office outsourcing services...
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Bravura Solutions hires Calastone employee


17 August 2012 London
Reporter: Mark Dugdale

Bravura Solutions has added Alex Hofmann to its propositions team. He will be based in Bravura's London office and will be responsible for growing the Sonata wealth management business in the Europe, Middle East and Africa region...