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FINRA’s Paul Andrews joins IOSCO


16 December 2015 Madrid
Reporter: Stephanie Palmer

Paul Andrews has been appointed as secretary general of the International Organization of Securities Commissions (IOSCO), succeeding David Wright, who has been with IOSCO since 2012...
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Vietnam mandate for Northern Trust in Guernsey


16 December 2015 Guernsey
Reporter: Stephanie Palmer

Northern Trust has been chosen to provide fund administration services for the VinaCapital Vietnam Opportunity Investment Fund...
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Increases across the board for Clearstream


16 December 2015 Frankfurt
Reporter: Stephanie Palmer

Clearstream was an 8 percent increase in its assets under custody in November, compared to 2014, registering an increase from €12.4 trillion to €13.4 trillion...
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Senior management shake-up at IFDS


16 December 2015 London
Reporter: Stephanie Palmer

International Financial Data Services has hired Chris Spencer and Richard Barrett to its UK senior management team...
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IOSCO: hedge fund assets up a third


15 December 2015 New York
Reporter: Drew Nicol

Hedge fund assets under management have increased by 34 percent in three years, according to an International Organization of Securities Commissions survey...
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Omgeo and SimCorp pair up for repo


15 December 2015 New York
Reporter: Stephanie Palmer

DTCC subsidiary Omgeo has partnered with investment management solutions provider SimCorp to deliver central matching and processing for repo trades, through its Central Trade Manager...
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MUFJ completes acquisition of UBS alternatives service


14 December 2015 New York
Reporter: Stephanie Palmer

MUFG Investor Services has completed its acquisition of UBS Asset Management’s alternative fund services business after gaining all the relevant regulatory approvals...
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New Amsterdam office for SGSS


14 December 2015 Amsterdam
Reporter: Stephanie Palmer

SGSS has set up a new Amsterdam-based team for developing business in the Netherlands and the Nordics, and has hired two ex-State Street employees to run it...
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Nigerian and Kenyan CSDs in post-trade agreement


14 December 2015 Nairobi
Reporter: Stephanie Palmer

Africlear Global has signed a memorandum of understanding with CSCS Nigeria and CDSC Kenya to establish a post-trade services platform including clearing and settlement for capital market transactions...