All latest asset servicing news

Monetary Insight sees flourish in Irish fund industry

25 February 2020 London
Reporter: Maddie Saghir

New research from Monetary Insight, an independent fund research company, has revealed that fund assets serviced in Ireland grew by 6 percent reaching $3,903.4 billion at the end of June 2019 compared to $3,677.1 billion in 2018

Jersey fund industry tops 17 percent growth

25 February 2020 London
Reporter: Maddie Saghir

Fund assets serviced in Jersey has grown to $481.2 billion at the end of June 2019, up 17.1 percent from 2018, according to the 25th annual Monterey Insight Jersey Fund Report

Paxos starts settling US securities for Credit Suisse and Instinet

24 February 2020 New York
Reporter: Maddie Saghir

Paxos Settlement Service is a private, permissioned blockchain solution designed to allow two parties to bilaterally settle securities trades directly with each other

Northern Trust bolsters alternatives fund business

24 February 2020 Luxembourg
Reporter: Maddie Saghir

Northern Trust's new hire will drive business development for its alternatives asset servicing business in Europe

CACEIS survey finds pension schemes ill-equipped for ESG reporting

21 February 2020 London
Reporter: Maddie Saghir

CACEIS found that 43 percent of trustees and pension fund managers in the UK are unprepared to report on their scheme’s environmental, social and governance policy to a high standard

Hazeltree collaborates with AcadiaSoft to help clients with UMR

21 February 2020 New York
Reporter: Maddie Saghir

The new initiative will provide the Hazeltree buy-side community with seamless margin calculations for their entire margin workflow, all in a single cloud solution

UBS names Ralph Hamers as group CEO

20 February 2020 Zürich
Reporter: Maddie Saghir

In November, Hamers will succeed the current group CEO, Sergio Ermotti. The UBS board of directors thanked Ermotti for his “outstanding contribution to the firm over the past nine years”

COO’s influences reach ‘beyond back office’, survey reveals

20 February 2020 London
Reporter: Maddie Saghir

BNP Paribas Securities Services observes that now more than ever COOs are more focused on growth and transformation, which reflects financial institutions’ drive to adapt to change, BNP Paribas observed