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DTCC subsidiary Avox creates legal portal


10 August 2012 New York
Reporter: Georgina Lavers

Avox Limited, a wholly owned subsidiary of The Depository Trust & Clearing Corporation (DTCC), has launched an enhanced legal entity data portal...
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Indian regulator guides on repo


09 August 2012 New Delhi
Reporter: Georgina Lavers

Repo, reverse repo, SLB and credit default swaps have all been addressed by India’s insurance regulator, Insurance Regulatory and Development Authority (IRDA)...
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Alior bank selects SunGard


09 August 2012 Warsaw
Reporter: Georgina Lavers

Biuro Maklerskie Alior Banku (Alior Bank), the brokerage house of Polish Alior Bank, part of Italy’s Carlo Tassara Group, has selected SunGard’s Valdi trading solution for connectivity to the Warsaw Stock Exchange (WSE)...
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Fund manager Ausbil Dexia links with Calastone


09 August 2012 Sydney
Reporter: Georgina Lavers

Equity specialist fund manager Ausbil Dexia has signed an agreement to commence transacting managed funds over the Calastone Transaction Network...
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Northern Trusts nabs Glickman from GlobeOp


08 August 2012 Chicago
Reporter: Georgina Lavers

Northern Trust has appointed Tony Glickman to a global client solutions role to encompass hedge fund services, custody, banking and operations platform on behalf of asset managers and institutional investors worldwide...
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New partner for Kurt Salmon consultancy


08 August 2012 New York
Reporter: Georgina Lavers

Dr. Suresh Gupta has joined management consultancy Kurt Salmon as a partner in its North America global financial services practice based in New York...
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BNY Mellon releases new mobile app


07 August 2012 Boston
Reporter: Georgina Lavers

BNY Mellon has a fourth release of Workbench(SM) Mobile, a mobile app that enables the firm's institutional clients to authorize instructions and securely access key reports and account information via their iPad or iPhone...
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Information Mosaic is SWIFT ready


07 August 2012 Dublin
Reporter: Georgina Lavers

Information Mosaic has been awarded SWIFTReady 2012 Certification for Securities Settlement and Corporate Actions. Information Mosaic has been awarded the label for Corporate Actions for the eighth consecutive year...
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Balanced Pooled Funds sink in the second quarter


06 August 2012 London
Reporter: Georgina Lavers

Statistics released by BNY Mellon Asset Servicing today show that Balanced Pooled Funds had a difficult second quarter of 2012 with median returns sliding back into the red at -2.9 percent...
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J.P. Morgan gives the nod to Form PF


06 August 2012 New York
Reporter: Georgina Lavers

J.P. Morgan Worldwide Securities Services (WSS) has added reporting capabilities for Form PF to its suite of services. Stephanie Miller, global head of Alternative Investment Services for J.P. Morgan WSS, said...
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European repo market sidelined


06 August 2012 London
Reporter: Georgina Lavers

The European Repo Council of the International Capital Market Association (ICMA) today released the results of its 23rd semi-annual survey of the European repo market...