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DTCC seeks eventual T+1 cycle
25 April 2014
New York

DTCC has recommended that the US trade settlement cycle for equities, municipal and corporate bonds and unit investment trusts be shortened from T+3 to T+2...

Kate Campbell joins AMP Capital
24 April 2014
London

The asset management firm AMP Capital has appointed Kate Campbell as institutional director of Europe, to be based at the firm’s London office...

Hedge fund forward redemptions dip in April
24 April 2014
Connecticut

The SS&C GlobeOp Forward Redemption Indicator for April 2014 measured 3.23 percent, down from 3.81 percent in March...

Institutions look to the open range
23 April 2014
New York

Official institutions are looking to new markets and a broader range of assets as they search for greater returns, according to a new report by State Street...

Citco sells up Cork business to Clearstream
23 April 2014
Cork

Citco has sold its Irish hedge fund custody processing business to Clearstream...

ICBC plumps for ISO 20022
22 April 2014
Beijing

Industrial and Commercial Bank of China Financial Services, a wholly owned subsidiary of ICBC, has gone live with DTCC ISO 20022 corporate actions message format using SunGard’s XSPrisa technology...

NSD conducts operational audit
17 April 2014
Moscow

National Settlement Depository (NSD), Russia’s central securities depository, has undergone an operational audit conducted by PricewaterhouseCoopers in accordance with ISAE 3402...

Technology supports rapid PE expansion in Mauritius
17 April 2014
Mauritius

International Financial Services, one of the largest fund administrators in Mauritius, has gone live with its implementation of eFront’s FrontInvest. The implementation aims to support and enhance the IFS private equity fund administration operatio

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