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AIFMD takes shape for global custodians
28 September 2011 Brussels
Reporter: Anna Reitman

Global custodians are weighing in on the Alternative Investment Fund Managers Directive (AIFMD) as the regulation makes its way to the European Commission...

Quintillion release online NAV Sign-Off application
28 September 2011 Dublin
Reporter: Justin Lawson

Quintillion have launched a web based approval method for their clients’ net asset values via their reporting portal....

Northern Trust expands global TM team
28 September 2011 Chicago
Reporter: Anna Reitman

Northern Trust has announced new appointments of two dedicated sales positions for its Transition Management Services (TMS)...

SocGen selects Broadridge for BPO
28 September 2011 New York
Reporter: Anna Reitman

Broadridge has announced it has been selected by Société Générale for a range of technology and outsourcing services for the firm's US broker-dealer...

Compushare partners with Advanced Fund Administration
27 September 2011 Santa Ana
Reporter: Justin Lawson

Compushare partners with Advanced Fund Administration (AFA) to provide hedge funds and private equity funds with cloud based technology solutions

HSBC appoints new head in Asia Pacific
27 September 2011 Hong Kong
Reporter: Anna Reitman

HSBC Securities Services has appointed Dan Massey as head of Client Management Group, Asia Pacific...

BNY Mellon to clear in Netherlands
27 September 2011 London
Reporter: Anna Reitman

BNY Mellon has announced that it will now provide custody and settlement services direct in the Netherlands...

LSE favoured by LCH.Clearnet
27 September 2011 London
Reporter: Anna Reitman

LCH.Clearnet selected the London Stock Exchange's majority bid over Markit, according to the Financial Times...

Mercer strengthens Korean financial services arm
27 September 2011 Seoul
Reporter: Steven Lafferty

Mercer has strengthened its financial services arm by establishing an Investment Management business in Korea to help local investors take advantage of global investment opportunities....

Darwin selects Phoenix Fund Services
27 September 2011 London
Reporter: Justin Lawson

Phoenix Fund Services wins fund administration contract with Darwin Investment Management....

Carlyle Group buys ITRS
27 September 2011 Washington
Reporter: Anna Reitman

Carlyle Group has announced the acquisition of ITRS Group, a global provider of real-time monitoring systems for the world’s financial institutions, in partnership with its founders and management...

DTCC Will Implement ISO 20022
26 September 2011 New York
Reporter: Justin Lawson

DTCC to implement ISO 20022 Corporate Actions Announcement Messages for production in November after a lengthy pilot programme testing period