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Capita appointed to administer Regional REIT


06 November 2015 London
Reporter: Becky Butcher

Regional REIT, managed by Toscafund Asset Management, has appointed Capita as provider of company secretarial, fund accounting and registrar services to the fund...
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BIVA adopts Nasdaq technology


06 November 2015 Mexico City
Reporter: Stephanie Palmer

Bolsa Institucional de Valores (BIVA), the new Mexican stock exchange initiative, will use Nasdaq’s X-stream trading technology and SMARTS surveillance system...
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Virtusa expands through Indian acquisition


06 November 2015 Chennai, India
Reporter: Stephanie Palmer

Virtusa Corporation has agreed to acquire financial services technology provider Polaris Consulting & Services, for about $270 million...
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Deutsche Bank hit with $258m transactions fine


06 November 2015 New York
Reporter: Stephanie Palmer

Deutsche Bank has been fined a total of $258 million for processing US-denominated transactions on behalf of countries and other entities subject to sanctions under US federal law...
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Deutsche Bank cutting back for 2020


05 November 2015 Frankfurt
Reporter: Stephanie Palmer

Deutsche Bank intends to reduce its cost base by about €600 million by 2018, and to reduce its business division’s cost income ratio by about 10 percentage points...
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Swiss mandate for SimCorp


05 November 2015 Geneva
Reporter: Stephanie Palmer

Swiss asset manager Unigestion has gone live with the SimCorp Dimension solution for portfolio management, execution management and pre- and post-trade compliance...
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CCPs must retain flexibility, says WFE


04 November 2015 Doha
Reporter: Stephanie Palmer

Overly prescriptive regulation could cause unnecessary constraint to CCPs, and could lead to more risk in the central clearing marketplace, according to a new report from the World Federation of Exchanges...
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$30 billion admin mandate for Maitland


03 November 2015 Johannesburg
Reporter: Stephanie Palmer

Maitland has won a mandate to provide third-party administration for $30 billion in assets under management for South African financial services firm MMI Holdings...
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BNY Mellon appointed Turkish cat bond trustee


03 November 2015 London
Reporter: Becky Butcher

BNY Mellon has been appointed trustee, paying agent, account bank and custodian for a $100 million Turkish cat bond transaction designed to protect insurers against the risks of potential earthquakes...
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Indian bank adopts reporting service in France


03 November 2015 Paris
Reporter: Stephanie Palmer

The French branch of State Bank of India has signed up to the Wolters Kluwer Financial Services OneSumX Regulatory Reporting service to help ensure its regulatory compliance in France...