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Barclays fined for failing to protect assets
24 September 2014 London
Reporter: Catherine Van de Stouwe

Barclays Bank has been fined nearly £38 million by the Financial Conduct Authority for failing to properly protect clients’ custody assets, worth £16.5 billion...

SmartStream wins TLM Reconciliations SEC contract
23 September 2014 Washington DC
Reporter: Catherine Van de Stouwe

SmartStream has been awarded a contract by the US Securities and Exchange Commission (SEC) to furnish SmartStream’s TLM Reconciliations Premium solution to the SEC’s office of compliance inspection and examinations (OCIE)...

Euroclear and SIX partner for Swiss clients
23 September 2014 Zurich
Reporter: Catherine Van de Stouwe

SIX Securities Services and Euroclear Bank have joined forces in a co-operation initiative to provide more cost- and risk-efficient fund services to Swiss investors...

Role expansion for Bravura's Stevens
23 September 2014 Melbourne
Reporter: Catherine Van de Stouwe

Bravura Solutions’ global director of strategy, Darren Stevens, is getting an expanded role to director, product management and strategy for global wealth management...

Sparinvest automates with SunGard
23 September 2014 Copenhagen
Reporter: Catherine Van de Stouwe

Denmark-based asset manager, Sparinvest, has selected SunGard’s XSPrisa to automate its global corporate actions processing...

NSD launches pre-LEI website
23 September 2014 Moscow
Reporter: Catherine Van de Stouwe

Russia’s central securities depositary, the National Settlement Depository (NSD), has launched a pre-legal entity identifier (LEI) website...

Japanese bank switches to Lombard's REPORTER
23 September 2014 London
Reporter: Catherine Van de Stouwe

Lombard Risk Management has announced that a large Japanese bank has switched from rFrame to Lombard Risk’s REPORTER service for Bank of England regulatory reporting and compliance...

Enhanced service for UK pension funds
23 September 2014 London
Reporter: Catherine Van de Stouwe

BNY Mellon and Redington are teaming up to offer Redington’s pension fund clients an enhanced asset and liability risk reporting service...

Europe expected to produce most client growth
22 September 2014 Boston
Reporter: Catherine Van de Stouwe

In a recent survey, Aite Group has shown Europe is expected to produce the most client growth for asset servicing firms over the next 3 years...

Flash estimate shows hedge fund rise for SS&C
22 September 2014 Windsor
Reporter: Catherine Van de Stouwe

SS&C’s GlobeOp forward redemption indicator has measured at 3.25 percent for September 2014, down from 4.19 percent in August...

Changing the face of global payments
22 September 2014 London
Reporter: Catherine Van de Stouwe

Tech-savvy entrepreneurs, according to BNY Mellon’s latest report, are transforming the global payments market...

Augira to benefit from SGSS expertise
22 September 2014 Luxembourg
Reporter: Catherine Van de Stouwe

Societe Generale Securities Services (SGSS) Luxembourg has been mandated by Auriga Global Investors as custodian, administrator and registrar for its UCITS funds and specialised investment funds...