All latest asset servicing news

HSBC takes top spot in R&M’s fund and administration survey

15 November 2021 UK
Reporter: Jenna Lomax

Global bank HSBC has been voted the best global fund and administration provider by fund managers and other financial institutions, according to the 2021 R&M Investor Services Survey

Confluence Technologies set to acquire Compliance Solutions Strategies

15 November 2021 US
Reporter: Jenna Lomax

Confluence Technologies, the Pittsburgh-based technology solutions provider, is to acquire Compliance Solutions Strategies, a global regtech company

American Funds Service Company extends partnership with SS&C GIDS

15 November US
Reporter: Jenna Lomax

American Funds Service Company, a Capital Group company, has extended its transfer agency relationship with SS&C Global Investor and Distribution Solutions

Intertrust negotiates potential takeover by CVC Capital Partners

12 November 2021 UK
Reporter: Jenna Lomax

Intertrust has entered into exclusive discussions with CVC Capital Partners (CVC) regarding a potential acquisition by the private equity firm in a deal expected to be worth close to €1.6 billion

Baillie Gifford selects FINBOURNE Technology for data services

11 November 2021 UK
Reporter: Jenna Lomax

Baillie Gifford, the Scotland-headquartered independent investment manager, has selected FINBOURNE Technology’s investment data management SaaS platform, LUSID, as the Investment Book of Record for its global investment operations

Connecticut State Treasurer picks State Street for custody services

11 November 2021 US
Reporter: Jenna Lomax

Connecticut State Treasurer Shawn Wooden has selected State Street Bank & Trust to provide custody services and accounting administration for the Connecticut Retirement Plan and Trust Funds and the internally managed funds