All latest asset servicing news

ForexClear members utilise compression solution for trades

27 November 2018 London
Reporter: Jenna Lomax

ForexClear members have reduced their notional outstanding by $4.5 billion through the use of the service’s compression solution

Abaxx chooses Cinnober

27 November 2018 London
Reporter: Jenna Lomax

Abaxx Exchange has chosen Cinnober’s TRADExpress Trading System and TRADExpress RealTime Clearing for its new commodity exchange and clearinghouse

Indonesia Stock Exchange moves to T+2

26 November 2018 Jakarta
Reporter: Jenna Lomax

Indonesian Stock Exchange has begun trading to launch the acceleration of exchange transaction settlement from T+3 to T+2

BCS Global Markets launches new platform

26 November 2018 London
Reporter: Jenna Lomax

BCS Global Markets has launched a new synthetic prime product

EFAMA: Demand for UCITS fell in September as investors remain cautious

26 November 2018 Brussels
Reporter: Jenna Lomax

UCITS and alternative investment funds registered net outflows of €22 billion, compared to net inflows of €20 billion in August, according to The European Fund and Asset Management Association

ESMA welcomes EU no-deal Brexit stance on central clearing

23 November 2018 London
Reporter: Maddie Saghir

ESMA has welcomed the European Commission’s communication on a contingency plan on central clearing in the event of a no-deal Brexit

SS&C acquires Intralinks

23 November 2018 Windsor
Reporter: Maddie Saghir

SS&C Technologies has completed the acquisition of Intralinks Holdings, a financial technology provider for the global banking, deal-making, and capital market communities

Northern Trust: optimise investor data with AI strategy

23 November 2018 Chicago
Reporter: Maddie Saghir

Incorporating AI into back and middle office operations can focus data optimisation strategies with the potential to increase productivity, a white paper from Northern Trust and The Economist Intelligence Unit found