All latest asset servicing news

Northern Trust selected as global custodian

15 December 2010 Chicago
Reporter: Justin Lawson

Northern Trust has been reappointed as global custodian for the Los Angeles Fire & Police Pension System following a full due diligence process administered by the program directors.

Algorithmics signs Aspen Insurance

15 December 2010 Toronto
Reporter: Justin Lawson

Algorithmics, has announced that Aspen Insurance UK Ltd has signed a subscription agreement for access to the Algo FIRST database of case studies, covering more than 9,600 operational risk events.

Interactive Data extends mobile solutions

15 December 2010 Frankfurt
Reporter: Steven Lafferty

IInteractive Data Corporation, has launched PrimeTerminalSM Mobile, a BlackBerry® application that enables users to follow developments in the financial markets in real time and monitor their own portfolios at any time and from anywhere.

SS&C plots expansion

15 December 2010 New York
Reporter: Ben Wilkie

SS&C Technologies a global provider of financial services software and software-enabled services has signed a 10-year renewal and expansion with The Durst Organization at 675 Third Avenue in New York...

Florida looks for new master custodian

15 December 2010 Tallahassee
Reporter: Ben Wilkie

Florida State Board of Administration is to begin a search in March for a master custodian in a move that may mean it unbundles securities lending and other services from the mandate.

State Street wins AP2 mandate

15 December 2010 Stockholm
Reporter: Ben Wilkie

State Street has been awarded the custody and fund accounting mandate for Sweden's AP2 pension fund.

Meridian moves to managed hosting data solution

13 December 2010 New York
Reporter: Ben Wilkie

Meridian Global Fund Services Group has implemented a managed hosting solution which moves their core IT infrastructure and data into a secure cloud environment.

Smart Order Routing in India

13 December 2010 Mumbai
Reporter: Justin Lawson

Credit Suisse has announced that it has executed its first trades using Smart Order Routing (SOR) technology on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in India.

Northern Trust supports KIID

10 December 2010 London
Reporter: Steven Lafferty

Northern Trust has announced it can now assist fund managers across the globe with the generation and maintenance of Key Investor Information Documents (KIID).

Societe Generale to work with Oddo

09 December 2010 Paris
Reporter: Justin Lawson

Societe Generale Securities Services (SGSS) has signed a commercial agreement with Oddo Services to develop a joint securities services offering for medium-size wealth management players in France.

Turkish delight for Euroclear

09 December 2010 Brussels
Reporter: Justin Lawson

Euroclear Bank, the Istanbul Stock Exchange (ISE) and Takasbank, the central clearing and settlement institution of Turkey, has announced an exclusive agreement whereby Turkish Eurobonds listed and traded on the ISE will settle at Euroclear Bank

ORC chooses 7Ticks

09 December 2010 Chicago
Reporter: Steven Lafferty

ORC Software selects Interactive Data 7Ticks to deliver range of trading infrastructure services

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