All latest asset servicing news

Optimas Capital opts for Broadridge investment management solution

01 August 2017 New York
Reporter: Jenna Lomax

Optimas Capital, which has more than USD 250 million in assets under management, chose Broadridge’s Portfolio Master solution for its “accurate and smooth processing capability”

FundBPO to continue using StatPro Revolution

31 July 2017 Sydney
Reporter: Jenna Lomax

Australian fund administrator FundBPO has signed a three-year contract extension with StatPro Group

BNP Paribas sees Q2 success

31 July 2017 Paris
Reporter: Jenna Lomax

BNP Paribas has seen a 10.7 percent increase in assets under custody, reporting a total of €9 trillion at the end of Q2 2017, compared to €8.1 trillion in Q2 2016

FDIC tells firms to prepare for T+2

31 July 2017 Washington DC
Reporter: Mark Dugdale

US financial services firms should take appropriate steps to ensure they are prepared for the move to T+2 settlement on 5 September

Northern Trust wins Hong Kong higher education mandate

31 July 2017 Hong Kong
Reporter: Stephanie Palmer

Northern Trust has been selected to provide global custody and other services to The Open University of Hong Kong

Citi brings in Sabrina Wilson for futures, clearing and collateral

28 July 2017 London
Reporter: Jenna Lomax

In her new role, Wilson will report to Jerome Kemp, the former J.P. Morgan executive, who is global head of Citi's futures, clearing and collateral business

Bloomberg Entity Exchange wins MiFID II mandate

28 July 2017 London
Reporter: Jenna Lomax

The Bloomberg platform will register TP ICAP clients on to new trading venues operated by its broking businesses, including Tullett Prebon and ICAP.

US regulators to work together on Volcker Rule

28 July 2017 Washington DC
Reporter: Stephanie Palmer

Five US federal financial regulatory agencies are coordinating the efforts to review the regulatory treatment of certain foreign funds under Section 619 of the Dodd-Frank Act, better known as the Volcker Rule