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Swiss FATCA cooperation on its way
13 September 2013 Zurich
Reporter: Georgina Lavers

Swiss banks will cooperate with the US Internal Revenue Service under FATCA legislation...

Calastone gets $18 million helping hand
12 September 2013 London
Reporter: Georgina Lavers

An $18 million round of investment led by Accel Partners will be used to accelerate the growth of Calastone, a cross-border transaction network...

SunGard is SWIFT-accredited
12 September 2013 New York
Reporter: Georgina Lavers

SunGard’s IntelliMatch Operational Control and SunGard’s XSP have attained the SWIFT Certified Application Reconciliation and Corporate Actions labels for 2013, respectively...

GPP snaps up Bridges from BNP Paribas
11 September 2013 London
Reporter: Jenna Jones

Prime brokerage boutique, Global Prime Partners (GPP), has expanded its European sales team with the appointment of Colin Bridges...

First Middle Eastern CCP on the Collateral Highway
11 September 2013 Dubai
Reporter: Georgina Lavers

The Dubai Commodities Clearing Corporation (DCCC) has become the first central counterparty in the Middle East to join Euroclear’s global Collateral Highway...

State Street grabs large US insurance mandate
11 September 2013 London
Reporter: Georgina Lavers

State Street has been appointed by EMC Insurance Companies to provide full custody and investment analytics services. EMC is one of the top insurance organisations in the US...

Northern Trust hires Slater to head new Riyadh office
10 September 2013 Riyadh
Reporter: Georgina Lavers

Northern Trust is expanding its global footprint with the opening of an office in Saudi Arabia's capital, Riyadh...

Commerzbank and Clearstream launch TradeCycle
10 September 2013 Frankfurt
Reporter: Jenna Jones

Clearstream and Commerzbank have partnered to launch TradeCycle, offering clients seamless processing on cleared and uncleared OTC derivative transactions...

Consultants outperforming fund of hedge funds
10 September 2013 New York
Reporter: Mark Dugdale

Investment consultants oversee approximately $830 billion of the assets invested in hedge funds, a new study has revealed...

Benoît Cœuré is new CPSS chairman
10 September 2013 Basel
Reporter: Jenna Jones

The central bank of governors of the global economy meeting has appointed Benoît Cœuré as chairman of the Committee of Payment and Settlement Systems...

Fragmented South African fund processing to be fixed
09 September 2013 Johannesburg
Reporter: Georgina Lavers

Strate and Euroclear have signed a letter of intent to fix the currently fragmented processing of mutual fund transactions in South Africa...

Eurex preens for the Dutch buy side
09 September 2013 Amsterdam
Reporter: Georgina Lavers

Eurex Clearing has added another member to its interest rate swaps service, bringing the number of members up to 16...