All latest asset servicing news

Northern Trust expands its philanthropy

26 August 2022 Malaysia
Reporter: Lucy Carter

Northern Trust will donate funds to Teach For Malaysia in an expansion of its philanthropy efforts

ISSA appoints HKEX’s Glenda So to board

25 August 2022 Hong Kong
Reporter: Jenna Lomax

Based in Hong Kong, So is a member of HKEX’s management committee and is jointly responsible for the group’s sales and marketing efforts

UK business leaders not prioritising cybersecurity

25 August 2022 UK
Reporter: Lucy Carter

The DCMS survey interviewed cybersecurity and IT professionals and affected employees from ten organisations who have suffered cyber breaches in the past four years

Turquoise partners with M-DAQ to support cross-currency securities transactions

25 August 2022 Singapore
Reporter: Lucy Carter

Turquoise has partnered with foreign exchange (FX) specialist M-DAQ to allow brokers to enact cross-currency securities transactions

BNY Mellon’s Pershing appoints Cécile Nagel as CEO

25 August 2022 UK
Reporter: Lucy Carter

Nagel will be responsible for growing the business, and creating new partnerships with financial institutions

Japan’s Iyo Bank picks DTCC’s ITP for post-trade services

24 August 2022 Japan
Reporter: Jenna Lomax

As part of the mandate, Iyo Bank will adopt DTCC ITP’s CTM, ALERT, and Settlement Instruction Manager

Davy picks Torstone Technology for its post-trade processing

24 August 2022 UK
Reporter: Lucy Carter

Ireland-based capital markets firm Davy Capital Markets (Davy) has selected the Torstone Platform for its post-trade processing

Eventus appoints Robbie McDonnell as sales director for Australia and New Zealand

24 August 2022 Australia
Reporter: Lucy Carter

Eventus has been expanding its operations, and is now active in Hong Kong, Singapore, South Korea, and Australia

SS&C acquires Tier1’s CRM business

24 August 2022 US
Reporter: Lucy Carter

SS&C has acquired Tier1 CRM and its related assets, previously part of Tier1 Financial Solutions

SEI appoints Sandy Ewing to lead family office and regulation services

24 August 2022 US
Reporter: Lucy Carter

Ewing will be responsible for advancing SEI’s business opportunities and enacting growth strategies across the company’s new and existing markets

Joshi returns to Credit Suisse as chief financial officer

23 August 2022 Switzerland
Reporter: Carmella Haswell

Credit Suisse has appointed Dixit Joshi as chief financial officer, replacing David Mathers, who decided to step down after more than 11 years in his role

Hazeltree secures strategic investment from FINTOP Capital and Hamilton Lane

23 August 2022 US
Reporter: Lucy Carter

Hazeltree has secured a US$14 million strategic investment, following an investment funding round led by FINTOP Capital and Hamilton Lane

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