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Bravura secures Legal and General


14 February 2011 London
Reporter: Justin Scottsdale Lawson

Bravura Solutions has signed a new five-year contract with Legal and General Investments to extend its use of Bravura’s Rufus transfer agency platform.
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Butterfield Fulcrum sold


09 February 2011 Bermuda
Reporter: Ben Wilkie

Fund Administrator Butterfield Fulcrum has been sold to a consortium comprising private equity firm BV Partners and industry veterans Glenn Henderson and Tim Calveley...
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Phoenix appoints head of fund accounting


09 February 2011 London
Reporter: Justin Lawson

Phoenix Fund Services has announced the appointment of Rob Leedham as Head of UK Fund Accounting. In this new senior role Rob will head up both the UK Open Ended Fund and the Investment Trust Fund Accounting Teams.
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Citi grabs Saxo mandate


08 February 2011 Copenhagen
Reporter: Ben Wilkie

Citi Global Transaction Services has been awarded a new mandate by the online trading and investment specialist Saxo Bank Group to provide global custody services for cash equities and fixed income instruments...
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SEI picked by 36 South


08 February 2011 Oaks
Reporter: Ben Wilkie

SEI has been selected by absolute return manager 36 South Capital Advisors LLP to provide full-service operational outsourcing for the firm’s recently re-domiciled volatility funds...
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Butterfield denies sale reports


08 February 2011 Bermuda
Reporter: Ben Wilkie

The CEO of fund administrator Butterfield Fulcrum has denied reports the firm is about to be sold to the Carlyle Group...
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Confluence shuffles at the top


08 February 2011 Pittsburgh
Reporter: Steven Lafferty

Confluence, has announced two strategic leadership promotions effective immediately. Kirk Botula has been promoted to President and COO, and Confluence Founder Mark Evans is assuming the role of Chairman and CEO.
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VITEOS announces significant growth


08 February 2011 New York
Reporter: Steven Lafferty

VITEOS, has announced significant growth in assets under administration for the year ended Dec 31, 2010. VITEOS’ assets under administration have increased by $4.8 billion for the year ending Dec 31, 2010, representing a 117% increase over 2009
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Northern Trust enhance Nordic offering


07 February 2011 Stockholm
Reporter: Justin Lawson

Northern Trust (Nasdaq: NTRS), has received approval from the Finansinspektionen (the Swedish Financial Supervisory Authority) and the UK Financial Services Authority to offer asset management products and services to investors across the Nordic regi
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Northern Trust expands in The Netherlands


04 February 2011 Amsterdam
Reporter: Justin Lawson

Northern Trust will offer asset management solutions to institutional clients across Benelux (Belgium, The Netherlands and Luxembourg) from its Amsterdam office, following regulatory approval from the Dutch Autoriteit Financiële Markten and the FSA