All latest asset servicing news

Broadridge selected to support reconciliation for New Zealand bank

03 February 2012 New York
Reporter: Anna Reitman

Broadridge's PROactive Reconciliation solution has been selected by Kiwibank for the automation of reconciliations and investigations across all areas of the bank...

SocGen gets Italian BSI SA mandate

03 February 2012 Paris
Reporter: Anna Reitman

Societe Generale Securities Services (SGSS) in Italy has been appointed by BSI Wealth & Family SIM (BSI SIM) to provide personalised custody and settlement services...

BNY Mellon to expand ETF servicing for AdvisorShares

03 February 2012 New York
Reporter: Anna Reitman

BNY Mellon has been selected to provide ETF fund services, custody, fund accounting and fund administration for AdvisorShares' new ETFs...

Stenham hires new risk head

03 February 2012 London
Reporter: Anna Reitman

Stenham Asset Management has announced that Pablo Balan has been hired as the head of risk management and quantitative research...

Investors driving fund admin consolidation

03 February 2012 London
Reporter: Anna Reitman

Consolidation is driving managers to change their fund administrators after launching funds in international domiciles, according to a recent survey from FundDomiciles.com...

Citi Awarded Mandate from Veritable

01 February 2012 New York
Reporter: Ben Wilkie

Veritable, L.P. has awarded Citi a mandate to provide a suite of hedge fund services including middle office, fund accounting, and investor services...

Ipes Luxembourg wins Constellation III mandate

01 February 2011 Luxembourg
Reporter: Ben Wilkie

Independent Swiss private equity company, Constellation has selected Ipes as the administrator for its Constellation III German Asset Light Fund...

SunGard helps firms avoid fails

31 January 2012 New York
Reporter: Anna Reitman

SunGard has enhanced post-trade solutions in response to recent regulator recommendations which will see firms penalised for mortgage and agency debt fails...

CACEIS to buy EFG's FA business

31 January 2012 Paris
Reporter: Anna Reitman

EFG International has agreed to sell its fund administration business, Swiss Investment Funds, to CACEIS...

Monsoon Capital picks SEI for FA

31 January 2012 Dublin
Reporter: Anna Reitman

SEI is selected by Monsoon Capital to provide full fund administration and trustee and custodial services for the US-based asset manager's UCITS IV fund...

Canada's CSD holding up Maple bid for TMX

31 January 2012 Toronto
Reporter: Anna Reitman

Competition concerns have pushed back Maple Group's bid for Canada's national exchange one month as regulators mull over pricing implications for the Canadian Depository for Securities (CDS)...

BBAC upgrades to Misys BankFusion

31 January 2011 London
Reporter: Anna Reitman

BBAC has successfully implemented Misys BankFusion Equation across 38 branches, which will allow the Lebanon-based commercial bank to develop applications and introduce new products quicker....

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