All latest asset servicing news

Guernsey Finance hires Zoë Cousens

25 September 2015 Guernsey
Reporter: Becky Butcher

Guernsey Finance has appointed Zoë Cousens as its first Middle East representative...

State Street gets currency swaps mandate

25 September 2015 Toronto
Reporter: Drew Nicol

State Street has been named as the collateral manager and custodian for the Department of Finance Canada’s currency swap programme...

CashPro Invest expanded to Europe

24 September 2015 New York
Reporter: Stephanie Palmer

Bank of America Merrill Lynch has expanded its CashPro Invest online liquidity and investment order entry tool to its European clients...

Luxembourg acquisition for JTC

24 September 2015 Luxembourg
Reporter: Stephanie Palmer

JTC has acquired accounting, administration and compliance service provider Signes, and rebranded as JTC Signes...

Digital bank adopts OneSumX reporting solution

24 September 2015 London
Reporter: Stephanie Palmer

Atom Bank, the UK bank designed for digital solutions, has chosen Wolters Kluwer Financial Services to manage regulatory reporting...

ParFX launches offshore renminbi trading

24 September 2015 London
Reporter: Stephanie Palmer

Electronic trading platform ParFX has added the offshore renminbi (CNH) to its tradable currencies...

Nearly half of bank’s process costs are wasted

23 September 2015 London
Reporter: Drew Nicol

Up to 40 percent of banks’ processing costs for trades could be saved by adopting a ‘utility’ model, according a study from Broadridge Financial Solutions...

Barclays implements SWIFT onboarding tool

23 September 2015 Brussels
Reporter: Stephanie Palmer

Barclays Corporate has successfully implemented SWIFT’s MyStandards Readiness Portal solution for onboarding, and has used the platform to onboard Navigators Insurance using the platform...

Guernsey approves 18 new investment funds in Q2

23 September 2015 Guernsey
Reporter: Becky Butcher

Guernsey’s financial services regulator approved 18 new investment funds during Q2 2015...

Funds unprepared for money market reform

22 September 2015 New York
Reporter: Stephanie Palmer

US fund managers are unprepared and uncertain over the upcoming money market reform, according to a survey by SimCorp...

Mark Wetjen joins DTCC

22 September 2015 New York
Reporter: Becky Butcher

The Depositary Trust & Clearing Corporation (DTCC) has appointed Mark Wetjen as managing director with responsibility for leading the firm’s global public policy function...

Bennelong selects RBC as custodian

22 September 2015 Sydney
Reporter: Becky Butcher

RBC Investor & Treasury Services has been appointed by Bennelong Funds Management to be its custodian and administrator...

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