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BNY Mellon appoints two for its outsourcing business
30 May 2012 New York
Reporter: Mark Dugdale

Paul Gately and John Lehner have joined from Eagle Investment Systems, a subsidiary of BNY Mellon...

Algorithmics launches pension risk management solution
30 May 2012 New York, London and Toronto
Reporter: Georgina Lavers

Algorithmics, an IBM Company, has launched a new edition of its existing solution, Portfolio Construction and Risk Management for Pension Funds, to help pension funds better manage their funding status...

BNP Paribas wins Polish sub-custody mandate
30 May 2012 London
Reporter: Georgina Lavers

BNP Paribas Securities Services has won a mandate to provide sub-custody and settlement services to ConvergEx in Poland. ConvergEx provides proprietary software products and technology-enabled services...

Oslo Børs signs off on MoU with LCH.Clearnet
30 May 2012 Norway
Reporter: Georgina Lavers

In 2010 Oslo Børs and LCH.Clearnet entered into a memorandum of understanding regarding interoperability on clearing services for cash equities...

SunGard improves Protegent’s capabilities
30 May 2012 London
Reporter: Mark Dugdale

Protegent’s new features include a rules library that supports compliance with the European Securities and Markets Authority’s guidelines on systems and controls in an automated trading environment for trading platforms...

Citi mandated for Israel pension fund
29 May 2012 Tel Aviv
Reporter: Georgina Lavers

Citi will provide fund administration services for Phoenix Pension & Provident Funds to support its new personal provident fund offering, a form of retirement savings through defined contribution schemes...

Traiana Appoints Michael Verkuijl as global sales head
29 May 2012 New York and London
Reporter: Georgina Lavers

Post-trade solutions provider Traiana will see Michael Verkuijl as its new global head of sales. In this new role, Verkuijl will be a member of Traiana’s executive team reporting to Gil Mandelzis...

?Asset Control gains footprint in Brazil
29 May 2012 Brazil
Reporter: Georgina Lavers

BTG Pactual, a Brazilian investment bank, will implement solutions provider Asset Control's AC Plus...

Income drops at RBC after Dexia buyout
28 May 2012 Toronto
Reporter: Georgina Lavers

Royal Bank of Canada released its 2Q results, which revealed that for continuing operations, net income was at $1.56 billion, down 7 percent from $1.68 billion year-on-year...

Budapest Stock Exchange gets new CEO
28 May 2012 Budapest
Reporter: Mark Dugdale

Zsolt Katona replaces György Mohai as the Budapest Stock Exchange's CEO...

Guernsey funds grow by £8.7 billion
25 May 2012 Guernsey
Reporter: Georgina Lavers

The total value of funds business in Guernsey grew by £8.7 billion, or 3.3 percent, during 1Q 2012. 1Q growth follows a drop of over £10 billion in the final quarter of last year...

SEI to provide back-office solution for ORIX hedge fund
25 May 2012 Pennsylvania
Reporter: Georgina Lavers

SEI has been selected by ORIX Investment Corporation (OIC) to provide a complete back- and middle-office outsourcing solution for the firm's hedge-fund business...