All latest asset servicing news

Nasdaq and SIX partnership still going strong

31 October 2016 Zurich
Reporter: Stephanie Palmer

SIX Swiss Exchange has extended the term of its contract for use of Nasdaq technology...

Wolters Kluwer wins private bank mandate

31 October 2016 Riga
Reporter: Stephanie Palmer

Latvia-based private bank ABLV Bank has selected the Wolters Kluwer OneSumX regulatory reporting solution both for its Riga headquarters and Luxembourg subsidiary...

OCC commits to financial tech innovation

28 October 2016 Washington DC
Reporter: Mark Dugdale

The US Office of the Comptroller of the Currency is planning to establish an office dedicated to responsible innovation...

NSD sees growth in assets under custody

28 October 2016 Moscow
Reporter: Stephanie Palmer

National Settlement Depository, the Russian central securities depository (CSD), saw a 13 percent increase in assets under custody in Q3 2016...

SETL and Cobalt DL in blockchain partnership

27 October 2016 London
Reporter: Stephanie Palmer

Blockchain specialists SETL and Cobalt DL have paired up to deploy SETL’s Open CSD product in the Cobalt FX post-trade platform...

Deutsche Bank carves out profit in Q3 2016

27 October 2016 Frankfurt
Reporter: Mark Dugdale

Deutsche Bank has beaten forecasts to report a €256 million profit for Q3 2016 as the threat of a $14 billion fine in the US continues to loom...

State Street sees 7 percent rise in custody fees

26 October 2016 Boston
Reporter: Drew Nicol

Revenue from State Street’s assets under custody increased by 7 percent in Q3 2016...

DTCC hires Hraska for fixed income

26 October 2016 New York
Reporter: Mark Dugdale

DTCC has recruited Jim Hraska as managing director and general manager of FICC...

Linedata releases Icon upgrade

26 October 2016 London
Reporter: Stephanie Palmer

Linedata has released a new version of its Linedata Icon fund accounting solution, extending its corporate action processing capabilities...

Northern Trust expands Asia fund services team

26 October 2016 Hong Kong
Reporter: Stephanie Palmer

Northern Trust has appointed Caroline Higgins as head of its global fund services business in Asia...

State Street wins back Keane for AIS in APAC

26 October 2016 Hong Kong
Reporter: Drew Nicol

State Street has enticed Aisling Keane to return to the bank as head of alternative investment solutions for the Asia Pacific...

Chinese and Russian CSDs pair up on operations

26 October 2016 Moscow
Reporter: Stephanie Palmer

The Russian and Chinese central securities depositories (CSDs) have signed a memorandum of understanding to cooperate on depository and settlement operations...

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