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J.P. Morgan expands DCC to Brazil, Russia


20 September 2011 London
Reporter: Anna Reitman

J.P. Morgan’s Worldwide Securities Services has announced plans to expand its Direct Custody and Clearing (DCC) business in Brazil and Russia...
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DTCC XSP global corporate actions alliance


19 September 2011 SIBOS
Reporter: Justin Lawson

XSP enters into alliance with DTCC and signs certified partner agreement for global corporate actions validation service...
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XSP strikes gold for fifth consecutive year


19 September 2011 SIBOS
Reporter: Justin Lawson

XSP has been named Microsoft Gold Certified Partner for the fifth consecutive year. XSP attained the Microsoft Independent Software Vendor (ISV)/Software competency in recognition of....
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BNP shortens BDs' time to new markets


19 September 2011 Toronto
Reporter: Anna Reitman

BNP Paribas Securities Services has launched a service allowing financial intermediaries to shorten their deployment time to new markets, optimising liquidity and boosting client service...
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BNY Mellon enhances collateral servicing platform


16 September 2011 New York
Reporter: Justin Lawson

BNY Mellon has enhanced its derivatives collateral servicing platform for institutional clients with new margin management capabilities delivered through a secure web-based portal.....
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Phoenix wins fund administration mandate with Chelverton


16 September 2011 London
Reporter: Justin Lawson

Phoenix Fund Services picks up investor services mandate to provide the ACD, fund accounting and transfer agency services for Chelverton Asset Management’s UK OEIC, the Chelverton UK Equity Income Fund........
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Paranjape promoted at DB


15 September 2011 Singapore
Reporter: Ben Wilkie

Mrugank Paranjape, managing director, has been appointed head of Direct Securities Services (DSS) for Asia-Pacific where he has overall responsibility for business strategy and growth for the bank’s subcustody, clearing, and fund administration bus
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UK to challenge ECB over clearing rules


15 September 2011 London
Reporter: Anna Reitman

The HM Treasury has confirmed the UK is set to legally challenge the ECB over its recently published "location policy"...
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Clearstream to partner with DTCC in loan markets


15 September 2011 Luxembourg
Reporter: Anna Reitman

Clearstream has announced a partnership with the Depository Trust & Clearing Corporation (DTCC) to support bilateral and syndicated loan markets...
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Mollemans joins Credit Suisse as head of AES for Japan


15 September 2011 Hong Kong
Reporter: Justin Lawson

Credit Suisse has appointed Michael Mollemans Head of AES for Japan. Mollemans will be responsible for building on the market-leading position AES® (Advanced Execution Services) has achieved in Japanese electronic trading, and for......