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J.P. Morgan appoints new trust & fiduciary head
17 May 2012 London
Reporter: Justin Lawson

J.P. Morgan has appointed David Kane as head of its Trust and Fiduciary and Compliance Reporting business, which is part of the firm’s Worldwide Securities Services division (WSS). Kane replaces Tim Gandy, who is.....

Bombardier goes live with SS&C’s SaaS platform
16 May 2012 Connecticut
Reporter: Mark Dugdale

Airplane and train manufacturer Bombardier has implemented SS&C Technologies’s asset management software-as-a-service (SaaS) platform for the investment activities of its US, UK and Canadian pension plans...

ABN Amro heads move to IT company
16 May 2012 Amsterdam
Reporter: Mark Dugdale

ABN Amro Bank’s heads of equity finance and information technology solutions, Sander Baauw and Raymond Vuyst, have joined the IT company Synechron...

Equity clearing fees to fall on Xetra and Xetra Frankfurt Specialist
16 May 2012 Frankfurt
Reporter: Mark Dugdale

Eurex Clearing of the Deutsche Börse Group will lower clearing fees for equity transactions on Xetra and Xetra Frankfurt Specialist from 1 July...

RBC Dexia Investor Services deal gets green light in Europe
15 May 2012 Brussels
Reporter: Mark Dugdale

The Royal Bank of Canada’s (RBC’s) move to take full control of global custody, fund and pension administration services provider RBC Dexia Investor Services has been approved in Europe...

Butterfield Fulcrum upgrade fund accounting
15 May 2012 London and New York
Reporter: Georgina Lavers

Fund services provider Butterfield Fulcrum has upgraded to Advent’s Geneva 8.5, a new release of Geneva, Advent’s global portfolio management and fund accounting solution...

Sheldon Woldt new Middle Eastern head of Northern Trust
15 May 2012 London
Reporter: Georgina Lavers

Northern Trust has appointed Sheldon Woldt to the newly created role of head of the Middle East, responsible for leading the continued growth of its business in the region...

Interactive Data Corporation expands OTC service
15 May 2012 London and New York
Reporter: Georgina Lavers

Interactive Data Corporation will expand its OTC derivatives valuation service to include independent evaluations of credit default swaps (CDS) and select CDS Indices...

BNP Paribas gets new securities services head in India
15 May 2012 London
Reporter: Mark Dugdale

BNP Paribas Securities Services has appointed Viraj Kulkarni as head of securities services in India. The firm hopes that Kulkarni will drive its custody business in a developing Indian market...

£345 million charity mandate for Northern Trust
14 May 2012 London
Reporter: Georgina Lavers

Northern Trust will provide custody and related services for £345 million in charity assets for The Nesta Trust, adding to previously announced mandates of charities including the £710 million Health Foundation...

SocGen Securities Services becomes ISAE certified
14 May 2012 Paris
Reporter: Georgina Lavers

Societe Generale Securities Services (SGSS) has obtained ISAE 3402 Type II certification for its internal control procedures...

Bravura bolsters its transfer agency team
14 May 2012 London
Reporter: Georgina Lavers

Formerly working in the product teams at J.P. Morgan and BNY Mellon, Andrew Palmer has joined Bravura as product manager for Rufus, the company’s transfer agency administration platform...