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Sanne Group receives SAS 70 accreditation
24 June 2011 Jersey
Reporter: Ben Wilkie

Sanne Group has obtained SAS 70 accreditation on key aspects of its fund administration business following an independent audit conducted by KPMG...

Thomson Reuters launches hedge fund solution
23 June 2011 New York
Reporter: Justin Lawson

Thomson Reuters launches a fully integrated workflow solution bringing together Thomson Reuters Eikon and Elektron to provide the content, portfolio tools and connectivity hedge fund managers need to systematize their operations and drive returns....

Brazilian regulator ranks Citi no.1
23 June 2011 New York
Reporter: Steven Lafferty

Citi has been ranked number one in private equity fund administration services by the Comissão de Valores Mobiliários (CVM), Brazil’s securities regulator, in a ranking of assets under administration.......

BNY Mellon picks up Barclays mandate
23 June 2011 London
Reporter: Justin Lawson

BNY Mellon Asset Servicing, has been appointed by Barclays Wealth Funds Limited to provide transfer agency and fund accounting services to UK-domiciled assets valued at 4 billion pounds Sterling (US$6.4 million)......

Proskauer expands custody and fund administration expertise
23 June 2011 London
Reporter: Steven Lafferty

Experienced regulatory & investment management lawyer Peter McGowan to join Proskauer as partner. McGowan will join Proskauer from Berwin Leighton Paisner.......

DTCC elevates Robert Garrison to Chief Information Officer
23 June 2011 New York
Reporter: Justin Lawson

The DTCC has named Robert Garrison chief information officer, effective July 8. He joined the organization in October 2010 as a managing director and chief development officer of its Information Technology division.

Fund administrator Vistra announces rebranding of Acceptor
22 June 2011 Hong Kong
Reporter: Justin Lawson

Vistra, will be rebranding Acceptor to the Vistra name. The rebranding follows Vistra's successful merger announced in March with the Offshore Incorporations group of companies, the Asian market leader in company formation and associated services.

BNY Mellon wins Direxion mandate
22 June 2011 New York
Reporter: Ben Wilkie

BNY Mellon Asset Servicing has been selected to provide exchange-traded fund (ETF) services, custody, fund accounting and fund administration for eight recently introduced leveraged ETFs and one non-leveraged ETF from Direxion Shares...

Northern Trust enhances Hedge Fund Monitor
20 June 2011 Chicago
Reporter: Ben Wilkie

Northern Trust has enhanced its Hedge Fund Monitor product with a series of new features designed to improve automation and straight-through processing...

Indusval Corretora signs on for Valdi
20 June 2011 Sao Paulo
Reporter: Justin Lawson

Indusval Corretora, has selected SunGard’s Valdi for complete trade lifecycle management. Valdi provides a robust, multi-asset trading station for order lifecycle management, order sending and monitoring, and real-time P&L calculation.....

Aubrey Nestor joins Bravura Solutions
20 June 2011 London
Reporter: Justin Lawson

Bravura Solutions Limited has appointed Aubrey Nestor as Product Manager for Rufus, the company’s market-leading transfer agency platform across Europe, the Middle East and Africa.

BNY Mellon wins $16.4bn mandate from Rabobank
18 June 2011 London
Reporter: Steven Lafferty

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