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KBC Asset Management selects SimCorp


21 December 2015 Luxembourg
Reporter: Becky Butcher

KBC Asset Management has signed a license agreement with SimCorp after selecting to use its investment management solution...
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SS&C completes migration with Systematica Investments


21 December 2015 Connecticut
Reporter: Becky Butcher

SS&C Technologies Holdings has successfully completed the collaborative project with Systematica Investments to achieve complete operational independence for the fund...
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Chris Michel joins Brown Brother Harriman


21 December 2015 New York
Reporter: Becky Butcher

Brown Brother Harriman & Company (BBH) has appointed Chris Michel as head of diversity and inclusion for the firm...
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MUFG Investor Services appoints John Sergides


21 December 2015 Bermuda
Reporter: Becky Butcher

MUFG Investor Services has appointed John Sergides as managing director and global head of business development and marketing...
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Clearstream to open route to Georgia


18 December 2015 Tbilisi
Reporter: Stephanie Palmer

Clearstream will open a domestic link in Georgia, becoming the first international central securities depository to establish a link with the country...
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Taurus acquires PFX-PAXUS for AIFMD


18 December 2015 Madrid
Reporter: Stephanie Palmer

Taurus Administration Services has acquired Pacific Fund Systems’ PFS-PAXUS fund accounting and share registry platform as part of its expansion in to the European fund administration market...
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New transaction management director for BTIG


18 December 2015 New York
Reporter: Stephanie Palmer

BTIG, a financial services provider specialising in institutional trading, investment banking, research and brokerage, has hired Daniel Howell as a director...
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Fed doubles interest rates


17 December 2015 Washington DC
Reporter: Drew Nicol

The Federal Reserve’s board voted unanimously to raise interest rate from 0.25 to 0.5 percent for the first time since 2006...
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HazelTree & Goldman Sachs revamp cash management


17 December 2015 New York
Reporter: Drew Nicol

Treasury management provider HazelTree and Goldman Sachs Asset Management have joined forces to offer financial institutions automated cash management services.