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AUC and AUA increase at BNY Mellon
02 May 2014 New York
Reporter: Mark Dugdale

Assets under custody and/or administration at BNY Mellon amounted to $27.9 trillion at the end of March, an increase of 6 percent compared to 2013 and 1 percent over the previous quarter...

Axxsys Consulting names new head of Calypso practice
02 May 2014 San Francisco
Reporter: Tammy Facey

Axxsys Consulting has built on its sell-side and appointed a new head of its Calypso practice...

Citi adds Bulgaria to network
01 May 2014 Bulgaria
Reporter: Tammy Facey

Citi has significantly expanded its direct custody and clearing network...

First Derivatives launches Delta Tools
01 May 2014 London
Reporter: Stephen Durham

First Derivatives has launched Delta Tools for Calypso software, designed to manage and control the platform used widely by financial institutions for cross asset trading, risk and processing...

State Street mandate for first Irish AIF
01 May 2014 Dublin
Reporter: Tammy Facey

Marketfield Asset Management has mandated State Street to provide certain services to its Dublin fund...

BNP Paribas acquires Spanish depo bank
01 May 2014 Madrid
Reporter: Stephen Durham

BNP Paribas Securities Services has acquired Banco Popular’s depositary banking business. The transaction is expected to close in early summer 2014, subject to regulatory approval...

Capco gains new UK CEO
01 May 2014 London
Reporter: Tammy Facey

Business and technology consultancy Capco has appointed Steve Vinnicombe as its new UK CEO....

A rise in cross-border funds processing
01 May 2014 EU and US
Reporter: Tammy Facey

There has been a significant rise in cross-border funds processing, according to the European Fund and Asset Management Association (EFAMA) and SWIFT....

Bahamas appoints BNY Mellon for agent roles
30 April 2014 Bahamas
Reporter: Tammy Facey

BNY Mellon has taken on a number of agent roles for the Bahamas’ $300 million bond issuance...

Broadscope releases FATCA paper
30 April 2014 New Jersey
Reporter: Stephen Durham

Broadscope Fund Administrators, an independent private equity fund administration firm, has released a whitepaper outlining key recommendations for private equity firms developing strategies to comply with FATCA...

SmartStream and SEI create new platform
30 April 2014 London
Reporter: Tammy Facey

SmartStream Technologies and asset manager SEI have collaborated to create a new platform for SEI’s wealth management clients to manage their cash, transactions and securities positions all at once....

Northern Trust sees QDLP opportunity in China
30 April 2014 Asia Pacific
Reporter: Tammy Facey

Northern Trust is offering a helping hand for specialist fund administration out of Beijing to help Asia Pacific investments go further...