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Distribution ledger consortium gains traction


28 October 2015 New York
Reporter: Stephanie Palmer

UniCredit, Mizuho and Nordea have signed up to R3’s distributed ledger project, bringing the total number of participating banks to 25...
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Unity is the key for Confluence


28 October 2015 London
Reporter: Stephanie Palmer

Confluence has launched a new performance and analytics product, Unity, providing a performance calculation and risk analysis platform for retail funds and institutional products...
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Linedata: The time is now for CRS


28 October 2015 Paris
Reporter: Stephanie Palmer

Investment managers and fund administrators should act now in order to be prepared for the OECD Common Reporting Standard ahead of the start of the first reporting period...
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Alter Domus sells Asian fund admin business


27 October 2015 Hong Kong
Reporter: Stephanie Palmer

Fund BPO has acquired Alter Domus’s hedge fund administration business in Hong Kong and Singapore for an initial price of $1 million...
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ICE secures Interactive Data for $5.2 million


27 October 2015 New York
Reporter: Stephanie Palmer

Intercontinental Exchange is set to acquire Interactive Data Corporation, a provider of financial market data and analytics solutions...
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ETFs’ AUM nipping at the heels of mutual funds


27 October 2015 Jersey City
Reporter: Drew Nicol

Domestic assets under management for US exchange-traded funds have grown by 6.1 percent from August 2014 to 2015, according to a new Pershing report...
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Euronext launches AtomX for OTC derivatives


27 October 2015 Amsterdam
Reporter: Stephanie Palmer

European stock exchange Euronext has launched a new service allowing over-the-counter trades to be conducted in the same pools as other derivatives positions...
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GSX to expand offering from December


26 October 2015 Gibraltar
Reporter: Stephanie Palmer

Gibraltar Stock Exchange will start to list exchange-traded instruments from December 2015, and is in the process of positioning itself as an entry point to the European market...
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Solid as a BlackRock


26 October 2015 New York
Reporter: Drew Nicol

BlackRock’s Q3 securities lending revenue stood firm year over year but fell $32 million below the previous quarter...
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Regulatory lawyer joins AIMA in Singapore


26 October 2015 Singapore
Reporter: Stephanie Palmer

Kher Sheng Lee has joined the Alternative Investment Management Association as global deputy head of government affairs and head of Asia Pacific government affairs...
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INDOS Financial appoints depository manager


26 October 2015 London
Reporter: Stephanie Palmer

Independent AIFMD depository INDOS Financial has hired Andrew Watson to manage its private equity and real estate depository business...