All latest asset servicing news

Northern Trust wins £25 billion L&G mandate

06 May 2011 London
Reporter: Ben Wilkie

Northern Trust has been appointed to provide fund accounting and additional custody services to the Legal & General Investments Unit Trust range, to the value of approximately £25 billion...

Calypso releases V12 of platform

05 May 2011 San Francisco
Reporter: Ben Wilkie

Calypso Technology has released Calypso Version 12 of its cross-asset front-to-back office platform...

Nagia joins CLS as chief risk officer

05 May 2011 London
Reporter: Justin Lawson

CLS Group have appointed Naresh Nagia as executive vice president and chief risk officer. Naresh will be a member of the senior management team and report to CEO Alan Bozian. The appointment is effective immediately...

Standard Chartered launches Middle East custody

05 May 2011 Dubai
Reporter: Ben Wilkie

Standard Chartered Bank has launched regional custody services for investors and intermediaries in the Middle East...

J.P. Morgan breaks $500 billion barrier in assets under custody

04 May 2011 Luxembourg
Reporter: Justin Lawson

J.P. Morgan Bank Luxembourg S.A. has been named largest custodian and fund administrator, according to Lipper’s 17th Annual Luxembourg Fund Encyclopaedia.

Technology upgrade enhances NorthPoint offering

04 May 2011 New York
Reporter: Justin Lawson

NorthPoint prime services and technologies business has enhanced its offering for traditional mutual funds that are looking to employ alternative investments, including trading in shorts, options and futures as part of their overall strategy......

AIS Fund Administration appoints Perugini CTO

03 May 2011 Hackensack
Reporter: Steven Lafferty

AIS Fund Administration (AIS), has hired Anthony J. Perugini as Chief Technology Officer, a new position. Perugini brings more than twenty years of experience in financial services technology development and support, with a concentration in hedge fun

Clearstream and Euroclear set new securities framework

03 May 2011 Brussels
Reporter: Ben Wilkie

Euroclear Bank and Clearstream have developed a new industry framework to increase transparency and efficiency for the issuance and asset servicing of international securities in collaboration with the International Securities Market Advisory Group (

Meridian GFS Group expands senior management team

02 May 2011 New York
Reporter: Justin Lawson

Meridian Global Fund Services Group, has appointed Annabel H. Marisca as senior vice president, business development. Marisca will be based in New York and will report to Randy Troy, President of the New York office. She will be responsible for......

AIMA to engage with the Brazilian hedge fund market

28 April 2011 London
Reporter: Justin Lawson

The Alternative Investment Management Association (AIMA), has launched an initiative to engage with the Brazilian hedge fund industry and announced the appointment of a local representative, Michelle Noyes of BRZ Investimentos......

NSD to launch Ruble settlements through Euroclear and Clearstream

28 April 2011 Moscow
Reporter: Justin Lawson

National Settlement Depository (NSD), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, will from 3 May launch a new service allowing its customers to hold ruble settlements through........

Northern Trust launches Mobile Passport

27 April 2011 Chicago
Reporter: Ben Wilkie

Northern Trust announced has launched a mobile version of its web portal, Passport...

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