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Societe Generale win new mandate


06 January 2011 Paris
Reporter: Steven Lafferty

Societe Generale Securities Services mandated by Fondo Italiano di Investimento per le Piccole e Medie Imprese
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Regulation to hit back office in 2011


05 January 2011 Pittsburgh
Reporter: Ben Wilkie

A new wave of global regulatory reform, combined with the prospects for renewed growth in the investment management industry, will deliver a “one-two punch” for fund administrators in 2011...
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BNY Mellon Asset Servicing selected in Costa Rica


05 January 2011 New York
Reporter: Justin Lawson

BNY Mellon Asset Servicing, has been named to provide global custody for an $800 million investment portfolio of equities, fixed income and U.S. Treasury bonds by Banco Nacional de Costa Rica, the largest commercial bank in Costa Rica.
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Phoenix appoints Rice as CEO


05 January 2011 London
Reporter: Steven Lafferty

Phoenix Fund Services has appointed John Rice to the new role of CEO. Rice has over 25 years management experience in financial services, with wide experience of business disciplines across investment management, sales, service, operations and risk.
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WTP Advisors acquires Sala Associates LLC


04 January 2011 White Plains
Reporter: Justin Lawson

WTP Advisors, has announced that it has acquired Sala Associates LLC, an esteemed provider of operations consulting for hedge funds and investment banks. Sala Associates will now become WTP Capital Markets.
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Scott quits Deutsche


30 December 2010 London
Reporter: Ben Wilkie

Rob Scott, co-head of global sales and relationship management at Deutsche Bank, has left the firm.
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CBOE sued by hedge fund


29 December 2010 Chicago
Reporter: Ben Wilkie

New York-based hedge fund Platinum Partners has instigated legal proceedings against the Chicago Board Options Exchange (CBOE)...
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IFDS expands its distribution capabilities to promoters


23 December 2010 Dublin
Reporter: Justin Lawson

State Street Corporation and International Financial Data Services (IFDS) has announced today a new solution to support Offshore T+0 Money Market Funds to be accepted on the National Securities Clearing Corporation platform (NSCC).
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RBC Dexia wins BetaShares ETF mandate


22 December 2010 Sydney
Reporter: Ben Wilkie

RBC Dexia Investor Services has been appointed by BetaShares Capital Limited to provide custody and fund administration for their initial range of Exchange Traded Funds (ETFs) to be listed on the Australian Securities Exchange...
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XSP relocates for expansion


22 December 2010 New York
Reporter: Justin Lawson

XSP has announced that the Company has moved its New York office to the Trump Building at 40 Wall Street. The relocation is part of a ten-year lease and designed to accommodate XSP’s growing requirements.