All latest asset servicing news

Business analytics unable to predict individual customer needs

07 June 2018 Marlow
Reporter: Maddie Saghir

Some 93 percent of businesses are unable to use analytics to accurately predict what individual customers will want in the future, according to a new report from analytics leader SAS

Bitcoin ‘not a security’ says SEC chairman

07 June 2018 London
Reporter: Jenna Lomax

“Bitcoin is “not a security” and the Securities and Exchange Commission (SEC) will not change the definition of a security for the benefit of cryptocurrencies, according to SEC chairman, Jay Clayton

PCR partners with Asset Vantage

07 June 2018 New York
Reporter: Jenna Lomax

Private Client Resources has partnered with Asset Vantage to offer an integrated managed data solution within the Asset Vantage platform

Kuwait appoints Citi as preferred custodian

06 June 2018 Kuwait
Reporter: Maddie Saghir

The Kuwait Investment Authority (KIA) International Equities business has reappointed Citi as its preferred custodian

Algomi appoints Scott Eaton as CEO

06 June 2018 London
Reporter: Jenna Lomax

Algomi has appointed Scott Eaton, as CEO, effective immediately

EFAMA: Net sales of UCITS funds stay strong, despite turmoil

06 June 2018 Brussels
Reporter: Jenna Lomax

Net sales of UCITS and AIFs reached €222 billion, compared to €189 billion in Q4 2017, according to EFAMA

Accuity adds vessel alerting and tracking to screening solution

06 June 2018 Singapore
Reporter: Jenna Lomax

Accuity has launched a new vessel monitoring capability, Firco Trade Compliance Ship Enforcement Alerts, which is expected to further enhance its screening solution

AST Survey: Corporate issuers are embracing new technologies as never before

06 June 2018 New York
Reporter: Jenna Lomax

Corporate issuers are embracing new technologies as never before and view them as the key to providing better service to their shareholders, according to a survey by AST

Marex selects Minium for real-time risk management platform

06 June 2018 London
Reporter: Maddie Saghir

Minium has announced that it has been selected by Marex to deliver a new generation real-time risk management platform

Northern Trust granted two blockchain patents

06 June 2018 Chicago
Reporter: Maddie Saghir

Northern Trust has been granted two US patents for distributed ledger technology inventions covering a range of fund administration activities

BNP Paribas appoints Beneteau for newly created role

05 June 2018 London
Reporter: Jenna Lomax

BNP Paribas Securities Services has appointed Stanislas Beneteau to the newly-created position of regional head of the Financial Intermediaries and Corporates Client line

Cinnober sells 60 percent of subsidiary Irisium

05 June 2018 London
Reporter: Jenna Lomax

Cinnober has sold 60 percent of its subsidiary, Irisium, to KRM22, a technology and software investment company

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