All latest asset servicing news

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...

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...

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...

?Asset Control gains footprint in Brazil

29 May 2012 Brazil
Reporter: Georgina Lavers

BTG Pactual, a Brazilian investment bank, will implement solutions provider Asset Control's AC Plus...

Income drops at RBC after Dexia buyout

28 May 2012 Toronto
Reporter: Georgina Lavers

Royal Bank of Canada released its 2Q results, which revealed that for continuing operations, net income was at $1.56 billion, down 7 percent from $1.68 billion year-on-year...

Budapest Stock Exchange gets new CEO

28 May 2012 Budapest
Reporter: Mark Dugdale

Zsolt Katona replaces György Mohai as the Budapest Stock Exchange's CEO...

Guernsey funds grow by £8.7 billion

25 May 2012 Guernsey
Reporter: Georgina Lavers

The total value of funds business in Guernsey grew by £8.7 billion, or 3.3 percent, during 1Q 2012. 1Q growth follows a drop of over £10 billion in the final quarter of last year...

SEI to provide back-office solution for ORIX hedge fund

25 May 2012 Pennsylvania
Reporter: Georgina Lavers

SEI has been selected by ORIX Investment Corporation (OIC) to provide a complete back- and middle-office outsourcing solution for the firm's hedge-fund business...

Linedata hooks onto Jersey

24 May 2012 Jersey
Reporter: Georgina Lavers

Jersey-based finance house JTC Group has signed up for Linedata Icon, a fund accounting platform.?? Headquartered in Jersey, with operations in Guernsey, Luxembourg...

NAB nabs another custody mandate

24 May 2012 Australia
Reporter: Georgina Lavers

Fiducian Portfolio Services will use NAB Asset Servicing as its custodian for its wrap and investment fund offerings. It is reported that the mandate will cover...

£700 million custody mandate for Northern Trust

24 May 2012 London
Reporter: Georgina Lavers

Northern Trust has been appointed to provide custody and performance measurement services to £700 million ($1.1 billion) in assets for The Alcatel Pension Scheme, a global telecommunications corporation...

NICE Actimize help out with FATCA

24 May 2012 New York
Reporter: Georgina Lavers

NICE Actimize has introduced a new FATCA compliance solution, broadening the capabilities of the integrated Actimize Anti-Money Laundering solution suite...

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