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US ETF assets expected to double by 2015


15 July 2011 New York
Reporter: Ben Wilkie

Assets in Exchange-Traded Funds (ETFs) in the US are expected to double to $2 trillion before the end of 2015, according to a new white paper from BNY Mellon and Strategic Insight...
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SimCorp Dimension chosen by Continentale Insurance Group


15 July 2011 Frankfurt
Reporter: Justin Lawson

Continentale Insurance Group has selected SimCorp Dimension as its investment management system. The group will use the system front to back, to support portfolio management operations, controlling and accounting as well as for regulatory reporting..
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BGL BNP Paribas Selects BusinessBridge


15 July 2011 Luxembourg
Reporter: Ben Wilkie

BGL BNP Paribas has chosen Systar BusinessBridge to monitor payment processing from end to end and ensure high quality of service in a dynamic payments environment...
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First U.S.-Listed Nikkei 225 ETF selects J.P. Morgan


14 July 2011 New York
Reporter: Justin Lawson

J.P. Morgan Worldwide Securities Services has been appointed by Precidian Funds LLC, to provide fund administration, fund accounting and custody services to its newly launched MAXIS Nikkei 225 Index exchange traded fund....
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CIBC Mellon wins PowerShares mandate


14 July 2011 Toronto
Reporter: Ben Wilkie

CIBC Mellon has been selected to provide a suite of asset servicing solutions for Invesco’s recently-launched TSX-listed PowerShares exchange-traded funds...
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HazelTree appoints Zacharella


12 July 2011 New York
Reporter: Justin Lawson

HazelTree Fund Services has appointed John Zacharella as their first Treasury Product Specialist. Based in the New York office, John will focus on conducting the analysis of client and market needs across product areas, with a view to ...
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Estrella joins XSP


12 July 2011 New York
Reporter: Justin Lawson

Esmeralda Estrella has joined XSP as Marketing Communications Specialist based in the New York office. In this new role, she will be responsible for helping to further promote the XSP brand through a variety of Marketing and Communications programs.
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EFG Asset Management selects BNP Paribas


12 July 2011 London
Reporter: Steven Lafferty

BNP Paribas Securities Services has been selected to produce KIID- compliant reporting for all the funds of EFG Asset Management France.
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Senators select BNP Paribas


12 July 2011 Brussels
Reporter: Justin Lawson

BNP Paribas Securities Services has won a mandate from the Caisse de Retraite des Sénateurs de Belgique (Belgian Senators’ pension fund) to provide clearing, custody and reporting services.
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Banco de Crédito del Peru selects Calypso


12 July 2011 Lima
Reporter: Ben Wilkie

Banco de Crédito del Peru (BCP) has selected the Calypso software system for its front-to-back office system supporting FX, interest rate derivatives, FX derivatives, commodities derivatives and fixed income products...