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SEI wins ETC bid
14 March 2012 Pennsylvania
Reporter: Ben Wilkie

SEI has been selected by Exchange Traded Concepts (ETC) to provide a comprehensive suite of back-office services for the firm's recently launched turnkey ETF platform...

SGX and Eurex team up
14 March 2012 Singapore
Reporter: Ben Wilkie

Singapore Exchange (SGX) and Eurex have announced a partnership to deliver convenient market access and cost efficiencies to members of both exchanges...

SGSS wins Emergence mandate
13 March 2012 Paris
Reporter: Ben Wilkie

Societe Generale Securities Services (SGSS) has been designated by the Board of Directors of the fund Emergence to provide trustee and valuation services to the delegated asset manager NewAlpha AM...

Custom House picks Nirvana
13 March 2012 Chicago
Reporter: Ben Wilkie

Custom House Fund Services has chosen Nirvana Solutions to provide risk reporting and risk analysis solutions to its hedge fund clients...

Trio launch Asian cross-border settlement pilot
13 March 2012 Hong Kong
Reporter: Ben Wilkie

The Hong Kong Monetary Authority (HKMA), Bank Negara Malaysia (BNM) and Euroclear Bank have announced the launch of a pilot platform for the cross-border investment and settlement of debt securities...

IFS rolls out Multifonds platform
13 March 2012 Mauritius
Reporter: Ben Wilkie

International Financial Services (IFS) has implemented Multifonds' Fund Accounting (MFFA) platform and has begun migrating client funds...

SGSS launches Solvency II package
12 March 2012 Paris
Reporter: Ben Wilkie

Societe Generale Securities Services (SGSS) has set up a package of services to enable institutional investors and asset managers to meet the requirements imposed by the provisions of the Solvency II directive...

Schroder selects Milestone
12 March 2012 London
Reporter: Ben Wilkie

Schroder Investment Management (Luxembourg) is implementing Milestone Group’s pControl software to enhance management of its outsourced fund accounting processes...

SunGard expands suite of Adaptiv Risk Solutions
12 March 2012 London
Reporter: Justin Lawson

SunGard has extended its Adaptiv suite of solutions to help customers not only calculate Credit Valuation Adjustment (CVA) but also actively manage it. Adaptiv CVA Studio now helps...

Apex completes Type 2 examination
12 March 2012 London
Reporter: Justin Lawson

Apex Fund Services completes successful ISAE 3402 and SSAE 16 examination.....

Hajjaji moves up at Societe Generale
09 March 2012 Paris
Reporter: Ben Wilkie

Karim Hajjaji has been appointed chief operating officer of GIMS, the division of Societe Generale Group that comprises private banking, asset management and securities services...

Custody assets at Clearstream decline in February
09 March 2012 Frankfurt
Reporter: Ben Wilkie

In February 2012, the value of assets under custody held on behalf of customers registered a decrease of three per cent to €11.0 trillion (compared to €11.3 trillion in February 2011)...