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UBS fund administration lured to Big Apple


11 May 2012 London
Reporter: Georgina Lavers

It has been reported that the hedge fund administration sector of UBS is launching its first US location in New York, due to demand from clients for a local administrative presence...
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New compliance director for AltResources


11 May 2012 New York
Reporter: Georgina Lavers

AltResources, a provider of fund administration services for private equity funds, has recruited Joseph Daly as its compliance director...
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New country head of Northern Trust Luxembourg


11 May 2012 Luxembourg
Reporter: Georgina Lavers

Northern Trust has appointed Steve David as country head in Luxembourg. Reporting to Toby Glaysher, head of Northern Trust's Global Fund Services activities in EMEA...
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Netik launches vMobile for secure data delivery


11 May 2012 London
Reporter: Georgina Lavers

Netik, a provider of financial data creation, management and distribution services, has released its vMobile technology on Apple and Android devices...
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A ray of sunshine for NAB Asset Servicing


11 May 2012 Australia
Reporter: Georgina Lavers

After losing two custody mandates in recent months; QSuper to State Street in early March, and AvSuper to BNP Paribas in April, NAB have struck gold in a mandate by JCP Investment Partners to provide custody and investment administration services...
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Spring migration for Gottex fund solution


11 May 2012 London
Reporter: Georgina Lavers

Gottex Fund Management Holding migrated its Point Nine technology solution off the ‘Cloud’ to in-house servers for its $500 million private equity-style real asset platform...
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Two more for SunGard


11 May 2012 London
Reporter: Georgina Lavers

Fred Naddaff and Mike Rogalski have joined SunGard as managing director of strategic business development and chief operating officer of trust and retirement services respectively...
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Markit continues expansion with Cadis purchase


11 May 2012 London and New York
Reporter: Mark Dugdale

Financial information services company Markit has agreed to purchase Cadis, an enterprise data management provider. The deal follows Markit’s acquisition of securities lending data provider Data Explorers in April...
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Citi mandated as administrator for Nomura spin-off


10 May 2012 London
Reporter: Georgina Lavers

Citi has been appointed by Phase4 Ventures, a London-based venture capital firm which was spun off from Nomura in February 2011, to provide document safekeeping and fund administration services...
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Jayawardana to develop product at Confluence


09 May 2012 Pittsburgh and Luxembourg
Reporter: Georgina Lavers

Confluence, an automated data management solutions provider, has welcomed Melvin Jayawardana as its European fund administration product manager...