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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...
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SIX’s Turkey expansion with Takasbank, MKK


08 May 2012 Turkey
Reporter: Georgina Lavers

Post-trade services provider SIX Securities Services signed an MoU with both Takasbank and MKK to provide international clearing, settlement and custody services...
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Northern trust hires to new London-based role


08 May 2012 London
Reporter: Georgina Lavers

Northern Trust has appointed Daniel Lindley to the London-based role of managing director, Global Family & Private Investment Offices Group for EMEA and APAC...
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Sweden’s NASDAQ to reduce custodian dependency


08 May 2012 Stockholm
Reporter: Georgina Lavers

Sweden-based exchange and clearing company NASDAQ OMX Stockholm (OMX STO) set up three clearing funds to mutualise risk, and revised its collateral management structure so as not to rely too heavily on custodians that are also clearing members...
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J.P. Morgan launches Trade Status Dashboard


08 May 2012 New York
Reporter: Mark Dugdale

J.P. Morgan Worldwide Securities Services has added a new tool to its web-based platform for transactional, compliance and portfolio management monitoring...
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Neuflize subsidiaries select CACEIS


08 Mat 2012 Paris
Reporter: Mark Dugdale

Neuflize OBC Investissements and Neuflize Private Assets have chosen CACEIS to act as the administrative and accounting manager of their French mutual funds and custodian of mandates...