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Two more for SunGard
11 May 2012 London
Reporter: Georgina Lavers

Fred Naddaff and Mike Rogalski have joined SunGard as managing director of strategic business development and chief operating officer of trust and retirement services respectively...

Markit continues expansion with Cadis purchase
11 May 2012 London and New York
Reporter: Mark Dugdale

Financial information services company Markit has agreed to purchase Cadis, an enterprise data management provider. The deal follows Markit’s acquisition of securities lending data provider Data Explorers in April...

Clearstream announces April 2012 custody figures
11 May 2012 Frankfurt
Reporter: Mark Dugdale

The value of assets under custody, which were held on behalf of its customers, registered a decrease of 2 percent...

E-commerce firm makes J.P Morgan its depository bank
11 May 2012 Hong Kong
Reporter: Mark Dugdale

Brand e-commerce and digital marketing firm Acquity Group has appointed J.P. Morgan as its depository bank...

Citi mandated as administrator for Nomura spin-off
10 May 2012 London
Reporter: Georgina Lavers

Citi has been appointed by Phase4 Ventures, a London-based venture capital firm which was spun off from Nomura in February 2011, to provide document safekeeping and fund administration services...

Jayawardana to develop product at Confluence
09 May 2012 Pittsburgh and Luxembourg
Reporter: Georgina Lavers

Confluence, an automated data management solutions provider, has welcomed Melvin Jayawardana as its European fund administration product manager...

Alter Domus nabs Michael Ellul from QUBE
09 May 2012 Malta
Reporter: Mark Dugdale

Administration services provider Alter Domus has appointed Michael Ellul as director of its Malta office...

Vistra Fund Services releases new formation product
09 May 2012 Hong Kong
Reporter: Mark Dugdale

Fund administration and fund formation firm Vistra Fund Services has launched a Cayman Islands-based umbrella fund structure product...

SIX’s Turkey expansion with Takasbank, MKK
08 May 2012 Turkey
Reporter: Georgina Lavers

Post-trade services provider SIX Securities Services signed an MoU with both Takasbank and MKK to provide international clearing, settlement and custody services...

Northern trust hires to new London-based role
08 May 2012 London
Reporter: Georgina Lavers

Northern Trust has appointed Daniel Lindley to the London-based role of managing director, Global Family & Private Investment Offices Group for EMEA and APAC...

Sweden’s NASDAQ to reduce custodian dependency
08 May 2012 Stockholm
Reporter: Georgina Lavers

Sweden-based exchange and clearing company NASDAQ OMX Stockholm (OMX STO) set up three clearing funds to mutualise risk, and revised its collateral management structure so as not to rely too heavily on custodians that are also clearing members...

Fund managers buy J.P. Morgan fund admin business in South Africa
08 May 2012 Cape Town
Reporter: Mark Dugdale

South Africa-based Old Mutual Investment Group Holdings and Sanlam Investment Holdings have agreed to purchase the shares of J.P. Morgan Administration Services...