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SGSS hires new CEO in Italy


23 January 2012 Paris
Reporter: Anna Reitman

Societe Generale Securities Services has announced the appointment of Jeanne Duvoux as CEO and managing director of SGSS in Italy...
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Algorithmics integrates Axioma's equity models


23 January 2012 London
Reporter: Anna Reitman

Algorithmics and Axioma have announced a business relationship to offer data derived from Axioma's multi-factor equity models as part of Algo Risk Service...
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BNP Paribas expands hedge fund admin


23 January 2012 London
Reporter: Anna Reitman

BNP Paribas Securities Services has announced its investment programme for hedge fund and fund of hedge fund administration services for both UCITS and offshore funds...
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ECSDA warns on MiFID II overlap


23 January 2012 Brussels
Reporter: Anna Reitman

The European Central Securities Depositories Association (ECSDA) has said that CSD safekeeping services should not fall under MiFID II requirements...
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BNY Mellon picks up Van Eck ETF mandate


18 January 2012 New York
Reporter: Anna Reitman

BNY Mellon has been selected to provide exchange-traded fund (ETF) services, custody, securities lending and fund accounting for the six new Market Vector Industry ETFs which recently launched...
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Minerva appoints new MD


18 January 2012 Jersey
Reporter: Anna Reitman

Minerva Trust and Corporate Services has appointed Brian Lee as group managing director...
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Citi GTS net income down 11% in Q4 2011


17 January 2012 New York
Reporter: Anna Reitman

Citigroup's transaction services net income fell 11 per cent, to $776 million, in the fourth quarter of 2011 versus the same quarter last year on the back of narrow spreads and widening expenses...
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Misys gets Strategic with RM system


17 January 2012 London
Reporter: Anna Reitman

Misys has announced its Sophis VALUE system has been selected by Strategic Investment Group for cross asset trading and global risk management...