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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...
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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...
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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)...
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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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Euroclear sees 10% turnover lift in 2011


31 January 2012 Brussels
Reporter: Anna Reitman

Euroclear clients settled transactions valued at a record €580 trillion in 2011, up 10 per cent year-on-year...
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DTCC hires Davies as new VP for Europe


26 January 2012 London
Reporter: Anna Reitman

DTTC has named Mark Davies as vice president for data business development focused on the clearing house's involvement in the Legal Entity Identifier (LEI) programme in Europe...
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Misys fuses IBM into banking platform


27 January 2012 London
Reporter: Anna Reitman

Misys has selected IBM software to help power its BankFusion platform so that banks can develop new processes or adapt existing processes faster and better...
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BNY Mellon automates hedge fund admin


26 January 2012 London
Reporter: Anna Reitman

BNY Mellon has enhanced its loan administration functionality to offer hedge funds and fund of hedge fund clients an automated solution with increased transparency...
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CFTC gives passing grades to 14 FCMs


26 January 2012 Washington
Reporter: Anna Reitman

The Commodity Futures Trading Commission (CFTC) found the top 14 futures commission merchants (FCMs) compliant with requirements to segregate customer funds...
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Ffastfill moves in with ASX


26 January 2012 Sydney
Reporter: Anna Reitman

Ffastfill will be adding its SaaS (software as a service) infrastructure and services within the Australian Securities Exchange's (ASX) new data and colocation centre...
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BNY Mellon taps Anderson for VP sales at AIS


25 January 2012 London
Reporter: Anna Reitman

BNY Mellon has announced that Valeria Anderson will be taking a new role as senior salesperson, vice president in the London Alternative Investment Services business development team...