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Buy side still locked in legacy systems - Thomson Reuters


11 October 2011 New York
Reporter: Anna Reitman

Despite having risk management tools in place, a Thomson Reuters survey found that most asset managers and investors could not prevent losses during volatile summer markets this year...
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Misys launches enterprise risk solution


11 October 2011 London
Reporter: Anna Reitman

Misys has launched its enterprise market risk solution, Misys Risk, to enable financial institutions to measure, control and manage risk across multiple asset classes, instruments, portfolios and systems...
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Omgeo hires new ED for Asia-Pacific


11 October 2011 Manila
Reporter: Anna Reitman

Omgeo has announced the appointment of Cornelia Dagdag as executive director for sales and solution delivery...
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Societe Generale enhances SMILE


10 October 2011 Paris
Reporter: Justin Lawson

Societe Generale Securities Services (SGSS) has consolidated and developed its System for Management of Issue-Linked Events (SMILE) in order to provide enhanced middle office services to...
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Asset Control hires new VP


10 October 2011 London
Reporter: Anna Reitman

Asset Control has announced the appointment of Brooks Gibbins as VP Product and Strategy...
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KBC sells private banking arm


10 October 2011 Brussels
Reporter: Anna Reitman

Precision Capital has acquired KBC Group's private banking subsidiary, KBL epb, for €1.05 billion...
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BNP Paribas gets Duemme's KIID mandate


10 October 2011 London
Reporter: Anna Reitman

BNP Paribas Securities Services has announced that it has won a new mandate to produce the Key Investor Information Document (KIID) for Duemme International Luxembourg....
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The "rise of custodian banks" - BNY Mellon


09 October 2011 New York
Reporter: Anna Reitman

Hedge funds are turning to custodians for services as the financial industry faces dramatic shifts, says BNY Mellon's CEO of ABDS.
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Deutsche Bank hires O'Donovan for AFS


09 October 2011 10 October 2011
Reporter: Anna Reitman

Deutsche Bank has announced that Diarmuid O'Donovan has joined its Alternative Fund Services market development group...
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GlobeOp expands Dublin office


09 October 2011 Dublin
Reporter: Anna Reitman

GlobeOp Financial Services has announced plans to relocate and expand its current Dublin office to serve increased demand from funds based in or extending into Europe...