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DTCC battles literal storm as Sandy visits the US
29 October 2012 New York
Reporter: Georgina Lavers

The Depository Trust & Clearing Corporation today confirmed that it will maintain operations on 29 October despite the impact of hurricane Sandy on the eastern coast of the US...

Straight from Sibos: Swift partners with SmartStream
29 October 2012 Osaka
Reporter: Georgina Lavers

SWIFT has selected SmartStream Technologies to evolve Accord, SWIFT’s confirmation matching engine. As part of the agreement, SmartStream will provide a number of underlying components of the updated Accord platform...

Callan hires Kinoshita
26 October 2012 San Francisco
Reporter: Jenna Jones

Callan has recruited Mark Kinoshita as vice president to accommodate the demand for its trust, custody and securities lending services...

Waiting in vain: IRS announce FATCA delay
26 October 2012 Washington
Reporter: Georgina Lavers

The US Internal Revenue Service announced that it has delayed the starting date of FATCA for non-US financial institutions in countries not covered by an intergovernmental agreement (IGA) with the US...

J.P. Morgan makes Drumgoole APAC head of DCC
26 October 2012 Osaka
Reporter: Jenna Jones

J.P. Morgan has hired Michael Drumgoole to head up direct custody and clearing (DCC), Asia Pacific, as the firm’s DCC platform goes live in Hong Kong...

Apex branches out in San Francisco
26 October 2012 San Francisco
Reporter: Jenna Jones

Apex Fund Services, an independent fund administration firm, is expanding in the US with the opening of its San Francisco office...

New SAS software reduces time to decision
25 October 2012 London
Reporter: Georgina Lavers

Software solutions company SAS has new software to help real-time decision making. SAS DataFlux Event Stream Processing Engine is available in December...

BNP Paribas acquires new US mandate
25 October 2012 New York
Reporter: Jenna Jones

Edgewood L Select has chosen BNP Paribas to provide global custody, transfer agency and corporate domiciliation...

BNP Paribas wins new UK pension fund mandate
25 October 2012 London
Reporter: Jenna Jones

Middlesbrough council has selected BNP Paribas Securities Services to provide global custody, monthly valuation and foreign exchange services to the Teesside pension fund...

XSP gets corporate actions accredited
25 October 2012 New York
Reporter: Jenna Jones

Corporate actions solution provider XSP, has earned the 2012 SWIFTReady Corporate Actions Label for the eighth consecutive year...

ISDA set to enhance CCS
24 October 2012 New York
Reporter: Jenna Jones

The International Swaps and Derivatives Association (ISDA) will help to further develop the Clearing Connectivity Standard (CCS)...

BNY Mellon names Lewin head of sales for asset servicing
24 October 2012 New York
Reporter: Jenna Jones

BNY Mellon has appointed Marina Lewin head of sales for its asset servicing business in the Americas...