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UMB picks SunGard's solution for TA


08 December 2011 Wayne
Reporter: Anna Reitman

UMB Bank will use SunGard's Stream Transfer Agency for data mining and reporting capabilities...
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SIX Securities clearing arm sees boon from interoperability


08 December 2011 Zurich
Reporter: Anna Reitman

SIX x-clear has doubled its market share of clearing the London Stock Exchange’s trades and is now looking east to the Asian market, which it says is ready to be opened up through interoperability...
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Clearstream reports 2% November drop in AUC


08 December 2011 Luxembourg
Reporter: Anna Reitman

Assets under custody fell two per cent to €10.9 trillion year-on-year while securities held under custody in Clearstream's international business stayed flat at €5.9 trillion...
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GlobeOp appoints new head of BD


08 December 2011 New York
Reporter: Anna Reitman

GlobeOp has appointed Eamonn Greaves as head of business development based in New York..
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Norway's dealers say "wait and see" on T2S


08 December 2011 Oslo
Reporter: Anna Reitman

The Norwegian Securities Dealers Association has recommended that VPS, Norway's CSD, refrain from signing the T2S framework agreement, according to SEB Bank which released a translation of the consultation document...
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DTCC makes CBRS regulatory enhancements


08 December 2011 New York
Reporter: Anna Reitman

DTCC is helping customers comply with US cost basis reporting regulations for mutual fund assets with a secure and automated standard for transferring data between financial intermediaries...
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Australian fund picks State Street as custodian


08 December 2011 Sydney
Reporter: Anna Reitman

State Street has announced it is appointed by Sunsuper as custodian to provide administration services including unit pricing, compliance monitoring, performance and alternative asset reporting, among other services...
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BNY Mellon gets Touchstone mutual fund mandate


08 December 2011 New York
Reporter: Anna Reitman

BNY Mellon has announced its selection by Touchstone Investments to provide mutual fund accounting and administration, transfer agency and "blue sky" services...
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Russia's NSD announces committee chairs


05 December 2011 Moscow
Reporter: Anna Reitman

Russia's National Settlement Depository (NSD) has announced the election of Tatiana Chepeleva as chairwoman of NSD's committee of settlement and depository operations and tariffs...