News search | Securities Finance Times

Generic business image for news articles

BNP Paribas now largest third-party clearer in Hong Kong
04 March 2011 Hong Kong
Reporter: Ben Wilkie

BNP Paribas Securities Services has become the largest General Clearing Participant on the Hong Kong Stock Exchange (HKSE), clearing over five per cent of the value of the HKSE's daily turnover...

Northern Trust wins Stenham custody mandate
03 March 2011 London
Reporter: Justin Lawson

Northern Trust has been appointed by Stenham Asset Management, a leading global fund of hedge funds manager with US$3.5 billion in hedge fund assets under management to provide custody, fund administration, credit and foreign exchange services.

Newedge Goes Live on SMX
02 March 2011 Singapore
Reporter: Ben Wilkie

Newedge is now fully-operational as a general clearing member (GCM) of SMX...

ZAN Partners implements Paladyne FastStart
02 March 2011 London
Reporter: Ben Wilkie

ZAN Partners Ltd, an independent investment management firm based in London, has successfully implemented Paladyne FastStart as its fully-hosted front- to back-office solution...

SEC approves DTCC and NYSE project
02 March 2011 New York
Reporter: Ben Wilkie

The Securities and Exchange Commission (SEC) has approved the “one-pot” cross-margining arrangement between fixed income positions cleared by DTCC’s Fixed Income Clearing Corporation (FICC) subsidiary...

CalPERS Appoints Chief Risk Officer
02 March 2011 Sacramento
Reporter: Justin Lawson

The California Public Employees’ Retirement System recently announced the appointment of CalPERS executive Larry Jensen as Chief Risk Officer, a new position created to improve the pension fund’s overall risk management program.

Algorithmics continues Asia Pacific expansion
01 March 2011 Toronto
Reporter: Steven Lafferty

Algorithmics, has announced that it has expanded its global team with two new senior appointments in its insurance business in Asia Pacific. The two appointments strengthen Algorithmics’ actuarial modeling resources for its actuarial and financial

Princeton Financial optimizes data management in record time
28 February 2011 Princeton
Reporter: Steven Lafferty

Hauck & Aufhäuser Investment Gesellschaft S.A. (HAIG), have replaced their fund accounting system while maintaining operation of all business-critical systems with the aid of Princeton Financial Systems establishing a system architecture for the fut

NY Teachers looking for new custodian
28 February 2011 New York
Reporter: Ben Wilkie

The New York State Teachers' Retirement System has announced it is looking to appoint a new custodian...

Newedge Goes Live on SMX
28 February 2011 Singapore
Reporter: Ben Wilkie

Singapore Mercantile Exchange (SMX), has announced Newedge is fully-operational as a General Clearing Member (GCM) of SMX...

ANMI and ICMA to co-operate on capital market development
28 February 2011 Mumbai
Reporter: Ben Wilkie

The Association of National Exchanges Members of India (ANMI) and the International Capital Market Association (ICMA) will work together to raise standards of market practice in the international and Indian capital markets respectively...

Northern Trust to acquire BOISS
24 February 2011 Dublin
Reporter: Ben Wilkie

Northern Trust has reached an agreement to acquire the fund administration, investment operations outsourcing and custody business of the Bank of Ireland Group, Bank of Ireland Securities Services (BOISS).